Word First Set to Power Virgin Money International Money Transfer Service
World First, an expert in international money transfers, announced yesterday a new partnership with Virgin Money.
The partnership is designed to power the bank’s launch of its International Money Transfer service.
The IMT service will enable customers to access a simple, prompt, and safe way to transfer their money overseas, with absolutely no transaction fees, and a best rate guarantee to boot.
This partnership means that World First will be able to offer a version if its private client offering to Virgin Money.
This will include a fully responsive microsite and a platform for branded online trading. This is another major step forward in the trend of positive disruption regarding the money transfer industry.
“Today’s announcement is another feather in the cap for alternative providers of international money transfers. Having always set out to provide our customers with a superior experience and a fairer deal when transferring money overseas, we’re delighted to partner with Virgin Money to ensure even more consumers can now access our services,” commented Alex Sullivan, Chief Commercial Officer at World First.
“The partnership epitomizes the power of the FinTech sector and is a clear demonstration of the ability of businesses like World First to positively disrupt traditional markets both directly and through partnering with leading brands to drive competition and support new entrants. We’re delighted that Virgin Money recognized our simple, safe and secure proposition as the best match for their customers and we look forward to completing more strategic initiatives like this as we continue our strong growth.”