How do I withdraw funds to my same-name bank account?

| Step 1 – Add your own account as a new payee

• In your WorldFirst dashboard, go to “Payees“
• Click on “Add a new payee” on the top-right corner
• Select “Single payee“
• Choose “Your own account” and select the account type you want to link to: “Personal account” or “Business account”

• In the next page, select your account country and the currency you’ll receive payments in
• Next, enter your account information

• In the next step, you’ll be asked to verify with the Authy App or with an SMS message
• WorldFirst will send a small amount of funds to your bank account. Please go to your bank portal to check the amount sent and enter the amount into the WorldFirst portal
• Your account will either be immediately approved, or we’ll let you know of the result in 24 hours. You’ll be able to see the account’s approval status under “Payees” > “Same-name account“

| Step 2 – Initiate a withdrawal to my own account

• Once your same-name account has been added and verified, go to “Payments“
• Click on “Pay“
• Select “single payee“, and select “World Account Transfer” or “Zyla Transfer” and then fill in the Receiving ID of another World Account

• In the next page, enter the amount you would like to withdraw
• Select if you’d like to send the payment now or schedule the payment for later.
  • If the payment is scheduled for later and a currency conversion is involved, we will default to booking a currency forward if the currency pair is supported
  • If the currency pair is not supported for currency forward, your conversion rate will be the spot rate at the time of the transfer

• Next, you’ll be shown a summary of your transaction details. By clicking on “Confirm payment“, you’ll have completed a withdrawal to your account