1st Contact Forex was established by 1st Contact in 2001 to offer their clients a speedy, secure and cost effective money transfer service, with very competitive exchange rates and an extremely high service level. Read the full story

Money Transfer with 1st Contact VS The High-street Banks

Which can save you up to AUD 65 per 1000 you transfer? Read the full story

Banks are not the only option for Foreign exchange and international remittance. Most consumers don’t know this. Ironically the high street banks know that most consumers don’t know this, which all causes a very strange economical phenomenon: Banks hold a façade monopoly position in the Foreign exchange and remittance markets, whereby they continue to offer sub-standard service at exorbitant prices to an unknowing public.

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As of  the 7^th of June 2011, 1^st Contact Forex has reduced their Euro transfer fees from £15 to just £5 per transfer.

The move is part of 1st Contact’s ongoing quest to bring savings to all their clients, across all divisions and business units.

“Transfers to Europe have been on the increase and we wanted to find a way to save our Forex clients money”, says Gemma Cloete of 1st Contact Forex.  “So we have been looking at various ways to streamline our Euro transfer process, cut down on our costs and thereby cut down on our fees.  We have been working very hard to cut our transfer costs – before, each euro transfer was processed individually whereas now we are able to batch the payments together, which allows for a huge saving on our side. And as always, when we save, we like to pass that saving on to our clients.” Read the full story

India is a large, colourful and highly populous country with more than 1.2 billion people living within its borders. Here are 20 interesting facts about the Republic! Read the full story

You’re finally going on that travel holiday you’ve always dreamed of. But with the tickets booked and the itinerary planned, it’s time to give serious thought to the practical details – for example, how will you be carrying your travel money? Read the full story

If you’re planning to visit Europe these holidays, make sure you make the most of your spending money with the 1^st Contact Euro Travel Card. Designed specifically to be used in Europe, it will save you plenty of hassle and put more money in your pocket!

How does it work?

The 1^st Contact Euro Travel Money Card is essentially a MasterCard Debit Card pre-loaded with Euro, so you’ll be paying like a local and saving on high bank charges and commissions, leaving you more cash to spend on your travels!

A money-saving fee structure

Unlike many other foreign exchange products, the 1^st Contact Travel Money Card charges no commission, and there are no charges for swiping the card in restaurants or shops in Europe. In fact, the only charges are for the purchase of the card (€ 12.50), a small fee for ATM withdrawals and a small card replacement fee, should you lose your card.

Save up before your holiday

One of the great benefits of the Card is that you can load money onto it in the weeks leading up to your holiday, and because it can only be used in Europe, you won’t be tempted to spend your travel money before you leave!

Easily manage your money

You have the option of managing your Travel Money Card via our secure online system or via SMS. Load funds, transfer money or check your balances any time, day or night, as often as you like.

Excellent, transparent Exchange Rates

With 1^st Contact Forex, the rate you see online when you load your money is the exact rate you’ll get, so there’ll be no nasty surprises when you check your balances. And because of the buying power of 1^st Contact Forex, you are also guaranteed one of the best exchange rates available, meaning an even greater saving!

Rand and Dollar Card options available

If you’re planning to visit South Africa or the United States, we also offer Travel Money Card for these destinations, with all the benefits of the Euro Card!

For more information or to order your 1^st Contact Travel Money Card, visit www.1stcontactforex.com, or call  0808 141 1685

Every traveler knows the terrible feeling of having less money to work with than expected. Whether you’re caught off guard by the hidden costs of using credit cards or by fluctuating exchange rates, it can be a rather disconcerting experience. Read the full story

1st Contact’s new 3D secure debit card system has just hit and is set to take the safety of online money transfers to new heights.

1st Contact Forex, the pioneers of this secure 3D platform in the remittance market, have introduced this innovation as an addition to its existing Forex service offering, at rates below those of banks, with zero receiving fees and every fifth transfer free.

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According to expert Forex consultancy, 1st Contact, a multitude of foreign exchange and money transfer companies are guilty of making false claims that lure unsuspecting consumers into misleading territory. These misleading claims have been seen in the advertisements of various Forex companies that promise ‘inter bank’ exchange rates to individuals that are simply impossible to secure. This has resulted in grave disappointment when the actual funds that clear into the individual’s bank account are less or different to what they had originally anticipated. Read the full story