Solutions

Fast. Secure. Cost-efficient. And designed with your business goals in mind.

Products

The all-in-one account to help your business grow internationally.

Help & Support

Learn how to get the most out of your World Account.

China payments made easy

Pay your China-based suppliers as easily as if they were around the corner.

Opening the door to Asia

Although buying from China is easier than ever thanks to advances in transportation and communication, it can still seem daunting.

WorldFirst can help your business pay Asian suppliers like a local, with fast and secure same day and next day transfers in CNH, EUR, USD and HKD to Hong Kong and Mainland China.

Speed up payments, and your supply chain

Access our networks and over a decade of experience helping businesses pay into China.

CurrencySettlement timePayment cut off timeFull value transfer*Pay “on behalf of”**Supplier account
CNHSame dayGMT 10:00YesYes – notes required**
USDNext dayGMT 17:30YesYes
CNHSame dayGMT 12:00YesYes
USDSame dayGMT 10:30YesYes
HKDSame dayGMT 10:30YesYes
USD***Same dayGMT 17:30YesYes

* Full value transfer: Your beneficiary will receive the entire funds, without any foreign bank charges.

** Pay on behalf of: WorldFirst sends payments on your behalf in your name, providing clarity and ease of reconciliation when payments are received by the payee. Please note: for CNH payments you also need to include “on behalf of [your name]” in payment notes.

*** When opting to pay suppliers on Alibaba.com by transfer to Singapore or Hong Kong, settlement accounts

Benefits to your business

As part of our mission to make it easy to do business anywhere, we offer enhanced payment capabilities from west to east.

Speed up international payments

  • WorldFirst can reach banks anywhere in China. Transactions can be settled directly in CNH with same-day and next-day payment options
  • Extend your business reach with same-day USD and HKD payments to any Hong Kong-based account
  • Hong Kong-based beneficiaries can receive funds more efficiently with WorldFirst’s local pay-out capability

Increased flexibility

  • Increase your negotiation power. Making payments directly in CNH rather than USD is quick, convenient, and can save you money
  • Flexibility to pay Chinese suppliers in CNH, USD, HKD, or EUR
  • Open CNH* and HKD* currency accounts, to collect, convert or make payments

*Currency accounts located in Hong Kong

Experience and networks

  • WorldFirst has made more than 1 million payments into China over the past 12 months, valued at almost €14.8 billion
  • Since 2019, we’ve been part of Ant Group, the operator of digital lifestyle platform Alipay. Alipay serves 1.3 billion users worldwide with its global e-wallet partners, allowing us to leverage one of the largest global commerce ecosystems in the world

FAQs

Open an account for free

See how easy it is to open an account online. You can start sending fast cross-border payments at great rates, right away.

Businesses like yours trust WorldFirst

What our customers say about our services