{"id":31364,"date":"2024-10-14T03:46:00","date_gmt":"2024-10-14T03:46:00","guid":{"rendered":"http:\/\/anja"},"modified":"2026-01-28T09:56:07","modified_gmt":"2026-01-28T09:56:07","slug":"receiving-money-with-worldfirst","status":"publish","type":"docs","link":"https:\/\/www.worldfirst.com\/nz\/help-center\/faqs\/receiving-money-with-worldfirst\/","title":{"rendered":"Receiving money with WorldFirst"},"content":{"rendered":"\n
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What is a Receiving Account and how is it different from a currency account?<\/summary>\n
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Receiving accounts allow your business to receive payments from marketplaces and payment\u00a0gateways globally by providing them with your account details. You’ll be able to receive funds into your World Account via bank transfer.<\/span><\/p>\n\n\n\n

You can open 20 receiving accounts and collect funds in the following currencies: USD, CAD, CNH, HKD, SGD, GBP, EUR, AUD, NZD, JPY, AED, CHF, CZK, SAR, MXN, PLN, SEK, ZAR, THB (non-Thailand users only) and MYR (the currencies supported is subject to where you’re registered).<\/span><\/p>\n\n\n\n

Your currency account is the pooled balance of all your receiving accounts. For example, if you receive 100 GBP into one receiving account and 100 GBP into another, your total GBP currency account balance will be 200 GBP. <\/span><\/p>\n<\/div>\n<\/div>\n<\/details>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n

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Who can I receive payments from with Receiving Accounts?<\/summary>\n
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  1. Online marketplaces, such as Amazon, etc<\/li>\n\n\n\n
  2. Payment service providers and gateways, such as Stripe, etc<\/li>\n\n\n\n
  3. Your company\u2019s or your own bank account<\/li>\n\n\n\n
  4. Freelancer platforms, including Upwork, Malt, etc. (If you are a freelancer)<\/li>\n<\/ol>\n\n\n\n

    Please note:<\/strong> WorldFirst does not permit clients to accept funds from individual sources.\nTo protect your account against fraud, we may occasionally request additional information before releasing a payment. You will need to provide supporting documents, such as invoices, contracts, etc.\nIf you have any questions, please feel free to contact us.<\/span><\/p>\n<\/div>\n<\/div>\n<\/details>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n

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    How can I top-up my WorldFirst Account?<\/summary>\n
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    You can top-up your World Account with funds from your own bank account to make FX conversions and payouts to another party abroad. As a UK business, you can also top-up your account in GBP via direct debit. Please note that the bank account must have the same owner as the WorldFirst account. For detailed steps, please follow the ‘<\/span>How do I top-up my World Account<\/span><\/a>‘ guide. <\/span><\/p>\n<\/div>\n<\/div>\n<\/details>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n

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    What is a payer and how do I add a payer?<\/summary>\n
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    A payer is a person or company that is authorised to pay money into your Receiving Accounts. The payer can be your own account, your business account, or a third-party. You can add them as payers first to ensure that there are no delays when a payment is made. To do this, follow these simple steps:<\/span><\/p>\n\n\n\n

    In your World Account,<\/span><\/p>\n\n\n\n