Any sole trader or business registered in Australia can open a World Account. We’ll need to verify your ID and business details.

You can send payments in 40+ currencies across 130 countries and regions and receive payments in 24 currencies. We currently support the world’s major currencies: GBP, USD, EUR, AUD, JPY, NZD, SGD, HKD, CNH, CAD, PLN, CZK, THB, DKK, MXN, AED, SAR, CHF, SEK, NOK, ZAR, RON, ILS, and BGN.

In the coming months, you’ll also be able to send payments in the following currencies: EGP, INR, RON, KRW, BGN, ILS, IDR, PKR, VND, MYR, PHP, HUF, BHD, BWP, KES, LKR, MAD, MUR, TRY.

Yes. The World Account is a multi-currency account that allows you to open currency accounts in minutes with local bank details to receive payments. You can collect funds in GBP, USD, CAD, AUD, CNH, EUR, JPY and many more.

There are no fees for receiving money with WorldFirst. For sending payments, there’s a transaction fee on top of the currency conversion charges, which are capped at 0.60% (up to 0.8% for international 1688 buyers).  

The fee depends on the currency pair you’re converting but will be clearly displayed before you confirm the payment. Transfers between World Account users are instant and free.

Yes, multi-user access is possible for your World Account. You can add users through your online dashboard and manage user permissions.

Account registration is quick and easy online. It usually takes us a day to verify your identity and business details.

You’ll need a valid passport or driver’s licence for proof of identity. Here’s the list of other documents you’ll need:

If you're a company

1. For each additional registered director: (i) name; (ii) date of birth
2. For each shareholder with 25%+ ownership (Now, for AU it is 25% or more and for In NZ it is more than 25%): (i) residential address; (ii) shareholding percentage; (iii) ID number / type / expiry date

If you're a trustee (corporate or individual) managing a trust arrangement

1. For other trustees (companies or individuals): (i) name; (ii) address
2. Trust registered business number
3. A certified copy of your trust deed or extract (all pages as PDF, PNG or JPEG)
4. For each individual or legal entity associated to the trust: (i) name of beneficiary; (ii) class of beneficiary
5. For each beneficial owner of the trust with 25% (Now, for AU it is 25% or more and for In NZ it is more than 25%) + ownership of the company: (i) name; (ii) date of birth; (iii) residential address
6. If you are also a corporate trustee managing a trust arrangement

          6.1. For other registered directors of the trustee company: (i) name

          6.2. For each beneficial owner with 25% (Now, for AU it is 25% or more and for In NZ it is more than 25%) + ownership of the trustee company: (i) name; (ii) date of birth; (iii) residential address

You may be asked to prove the source of your funds. For more details about documents required for verification, check here.

The speed of your payment depends on the currency you’re sending money in, the payee’s bank and country, as well as the size of the transaction. The following currencies are typically received on the same day when sent to the listed countries/regions:

EUR to Europe

GBP to the UK

USD to the USA

SGD to Singapore

HKD/USD to Hong Kong

AUD to Australia

NZD to New Zealand

For any currencies and countries outside of the above list, please allow an additional 1-3 working days. In some cases, a payee’s bank may take an additional working day to credit their account. For specific currency timings, please contact us.