WorldFirst

DO BUSINESS LIKE A LOCAL WITH WORLDFIRST

WorldFirst saves SMEs time & money making International payments, hedging currency exposure and opening local currency accounts in 10 markets.

For importers and exporters, whether you do business on a marketplace or your own website, it’s the hassle-free way to pay and get paid quickly and easily – no overseas address is required.

• Open 10+ local currency accounts, with local bank details

• Get paid from 100+ marketplaces, including Amazon and AliExpress

• Set up an account online for free in minutes, with no hidden fees

• A single account to pay and get paid in multiple currencies.

• Open local currency accounts with local bank details in minutes.

• Manage multiple currency and company accounts all in one place.

• Convert currencies at a time and rate that suits you.

A better way to collect, convert and manage payments globally.

How could SMEs benefit?

• Online platform with a personal touch – WorldFirst payment services are delivered through our online platform or via your clients’ account manager

• Fully transparent pricing –Up to 85% cheaper than the big banks*. Receive a fixed fee based on your annual trading volume, using 3 clear FX margin bands on a per transaction basis. 

• No annual fees – The WorldFirst account is free to open and maintain. 

• Mitigate foreign exchange risk – protect profit margins and internal budgets with forward contracts and bespoke hedging strategies to reduce currency exposure3

• Virtual currency account opening – open local, foreign currency accounts in minutes2, allowing clients to pay you in local currencies and make same day local payments in that currency

Seamless Xero integration – save time and reduce data entry

*Based on data collected between 1st – 5th May 2020. See worldfirst.com/uk/pricing for our pricing comparison. 2 Most requests will be activated instantly, but in some cases this can take up to 1 business day for EUR and JPY. Visit worldfirst.com/uk/business/forward-contracts for information on the risks and benefits of forward contracts.