First Rate offers award-winning FX products and services that are designed to complement your business and help maximise income. These can be partially or fully outsourced and are all ‘white-label’ to give your brand the greatest impact.


Foreign Exchange

We offer the ability to buy currency online, to collect from any branches or have it sent secured, next day delivery to your home.


Prepaid Currency Cards

A multi award winning prepaid currency card product is available in 8 currencies. Widely accepted in over 32 million locations in 210 countries around the world


International Payments

Our International Payments service is a easy way to transfer money between bank accounts and those abroad. It features a dedicated customer service team and competitive exchange rates.

First Rate has been supplying foreign exchange services to the Post Office® since 1994.

We instigated a number of innovations, including 0% commission which revolutionised the FX market and led the Post Office® to become the largest supplier of foreign currency in the UK. First Rate became a joint venture between the Post Office® and Bank of Ireland Group in 2002.

How it works

As some elements of foreign travel get more and more difficult, we’re doing all we can to make foreign currency exchange easier. Many businesses are now recognising the advantages of offering a designated ‘in-house’ FX facility in terms of additional revenue and increased customer service and loyalty.

By linking your company with us you are connecting to the UK’s largest supplier of foreign currency, Europe’s premier traveller’s cheque provider and a top 5 wholesaler globally. One of the foremost FX experts in the industry, with a multi-billion pound wholesale business and over 15 years’ experience providing tailor-made travel money solutions for companies in the finance, travel and retail sectors.

Working in association with the Bank Of Ireland and the Post Office®, the UK’s largest retail FX outlet, we have established a reputation for insight and innovation that has changed the face of foreign currency exchange and will continue to make FX easier and easier for your customers.


Post Office Travel Money Card is an electronic money product issued by First Rate Exchange Services Ltd pursuant to license by Mastercard International. First Rate Exchange Services Ltd, a company registered in England and Wales with number 4287490 whose registered office is Great West House, Great West Road, Brentford, TW8 9DF, (Financial Services Register No. 900412). Mastercard is a registered trademark of Mastercard International Incorporated.