Hassle-free way to pay your global suppliers
In partnership with Proxtera to provide Emerging Market Currency Exchange (EMCX)
WorldFirst solutions for businesses
Easy-to-use platform
Businesses can receive, hold and send funds in local currencies, 24 hours a day, 7 days a week with our full-service online platform.
Get paid like a local
Open up to 14 different currency accounts online, with local sort codes, account numbers and IBANs
Expand globally
Get paid from 100+ global marketplaces, including Amazon and Aliexpress
Mass payment and payroll
Streamline one-off and multiple payment needs through our easy-to-use payment platform – easily scalable as your clients’ businesses grow.
Risk management
Manage currency risk with robust hedging solutions to keep business budgets and plans on track
Keep cost low
Set up an account for free in minutes, with no receiving fees, no minimum deposits and no account maintenance fee
How to make FX payments in World Account
Step-by-step demo on how you can use World Account to make payments to emerging markets like Ghana and Phlippines
FAQs
In what currencies can I make outgoing payments?
We currently support the world’s major currencies:
GBP, USD, EUR, AUD, IPY, NZD, SGD, HKD, CNH, CAD, PLN, CZK, THB, DKK, MXN, AED, SAR, CHF, SEK, NOK, ZAR, RON, ILS, and BGN.
In the coming months, the following currencies will also be available to you: EGP, INR, RON, KRW, BGN, ILS, IDR, PKR, VND, MYR, PHP, HUF, BHD, BWP, KES, LKR, MAD, MUR, TRY.
Please note, that due to current sanctions, you are not able to access RUB.
Who can I send payments to?
You can make payments to local and international suppliers and employees, as well as freelancers. You can also pay tax authorities/agents as well as yourself when you’re ready to repatriate funds. What’s more, you’ll be able to exchange funds between currency accounts.
Please be aware that there are some payments that we’re not able to accept for regulatory reasons. For more information on these restrictions, please see the Account Terms of Use within our Terms and Conditions.
Who can I receive payments from?
You can receive payments from a variety of sources, including:
- Online marketplaces
- Payment gateways
- Third-party businesses
- Individuals for business purposes, VAT returns or your own company or personal bank account
As a sole-trader (non-registered business), you can receive payments from approved marketplaces, tax authorities, and your own personal bank account.
If you operate any other business type, you can receive incoming payments from approved marketplaces, tax authorities, your own personal bank account and other approved third-party sources that accept and receive payments on behalf of your business.
From time to time, we might request additional information before we can apply a payment to your account. Supporting documents can be in relation to inbound credit, such as invoices or contracts. This is to help protect your account from fraud.
Please contact us if you have any concerns or questions about other types of payments you’d like to receive, or if you need to receive funds from anywhere else.
How safe is WorldFirst?
World First Group is part of the same corporate group as Ant Group. World First Asia Pte Ltd (WFAPL) is part of World First Group and is regulated in Singapore by the Monetary Authority of Singapore as a Capital Markets Services Licensee and a Major Payment Institution. Alipay Merchant Services Pte. Ltd. (Alipay MS) is part of Ant Group and is regulated in Singapore by the Monetary Authority of Singapore as a Major Payment Institution.
WorldFirst is regulated in countries where we operate, please find our regulatory information here.
Here’s how WorldFirst keep your money safe:
- Real-time fraud monitoring, blocking and alerts
- Secure 256-BIT encryption across our platforms
- Two-factor authentication (2FA) adds an extra layer of security to all electronic payments
- Open access from your International Collections Account (formerly the World Account) allows you to link your accounts with authorised third-parties, enabling them to share their information with regulated providers with extra ease and security
- Integration with Authy, allows a smoother, safer and quicker way to authenticate on multiple devices, including mobile, tablet and desktop
- Strong T1 and T2 banking relationships
- WorldFirst has dedicated relationship managers and a localised communication and investigation team to support customers’ monitoring and tracking of transactions
Have more questions?
Reach our customer support team to find the best solution for your business needs.
Businesses Trust WorldFirst
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Almost 1,000,000 business have sent $200B around the world with WorldFirst and its partner brands since 2004
Your money is safeguarded with leading financial institutions