Extended payment windows so you can move money faster
World Account has improved the process for same-currency and cross-currency payments. This means you can now make same-day payments across more currencies with extended cut-off times.
What currencies does this apply to?
Available across 12 of our most popular currencies including GBP, EUR, USD, AUD^, CAD, JPY^, NZD^, SGD^, CHF, CZK, PLN, HKD^.
Examples of same-day currency pairs include, but are not limited to GBP-USD, GBP-EUR, EUR-USD, USD-HKD. Every country and currency are different so cut off times do apply.
How could faster payments benefit you?
Opening the door to business in Asia
As part of our mission to make it easy to do business anywhere, we have introduced new payment capabilities into Asia.
We are very excited to announce that with World Account you can now make faster payments from West to East, and our recent product enhancements are making it easier do business across Asia than ever before.
So, what’s new?
Pay suppliers in China in CNH. CNH payments are received much faster than their USD equivalents. This is a key advantage for SMEs as it speeds up the settlement cycle, enabling you to optimise cash balances and significantly reduce back‑end processing costs.
✔ Flexibility to pay Chinese suppliers online in CNH, USD, HKD, or EUR
✔ Make same day payments to your suppliers in USD, and next day in CNH
✔ Open CNH currency accounts, to collect, convert, or make payments
Payments to Hong Kong faster and easier
✔ Make same day domestic to Hong Kong based accounts in HKD, EUR & USD currencies
✔ Make same-day, same currency, payments to beneficiaries with a HKD bank account
✔ Hong Kong-based beneficiaries can receive funds locally via CHATS or BOOK
Extending reach into Malaysia
✔ Now offering USD-MYR & SGD-MYR currency pair payments
✔ Clients can now make payments in MRY to Malaysia