Work for us

1-minute briefing

In just a few quick paragraphs, here’s what you need to know about us:

Established in 2002 as a joint venture between the Bank of Ireland and the Post Office^® Limited, First Rate is a business-to-business foreign exchange services provider. We provide on-demand and pre-order foreign exchange services to 14,000 Post Office^® outlets in the UK. We recently launched the Post Office^® Travel Money Card and, in conjunction with the Post Office^®, led the UK foreign exchange market with the introduction of 0% commission on foreign exchange.

We also enable other companies, particularly in the financial services and travel and tourism sectors, to benefit from an extensive range of foreign exchange and related services. We have developed a number of ‘white-label’ services and work with each customer to support and develop their foreign exchange business.

We have grown quickly to be the largest provider of retail foreign currency services in the UK, Europe’s major provider of traveller’s cheques and in the top five globally, and have become the UK’s largest, fastest-growing currency notes supplier.

In association with Bank of Ireland First Currency Services, we have access to one of the world’s largest wholesale currency dealing operations.