{"id":30079,"date":"2024-07-01T03:31:15","date_gmt":"2024-07-01T03:31:15","guid":{"rendered":"http:\/\/anja"},"modified":"2024-07-01T03:31:15","modified_gmt":"2024-07-01T03:31:15","slug":"make-payments-to-a-third-party-bank-account","status":"publish","type":"docs","link":"https:\/\/www.worldfirst.com\/au\/help-center\/making-payments\/make-payments-to-a-third-party-bank-account\/","title":{"rendered":"How do I make payments to a third-party bank account?"},"content":{"rendered":"\n<div class=\"wp-block-columns has-background is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex\" style=\"background-color:#8dd2fc3b\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p>You can send money the bank account of your supplier or business partner. For your account safety, we require you to add a third-party account as a new payee and get verified before you make the payout.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-step-1-add-a-third-party-account-as-a-new-payee\"><span style=\"color: #ff0000;\"><strong>|<\/strong><\/span> Step 1 &#8211; <strong>Add a third-party account as a new payee<\/strong><\/h4>\n\n\n\n<ul>\n<li>In your WorldFirst dashboard, go to &#8220;<strong>Payees<\/strong>&#8220;<\/li>\n\n\n\n<li>Click on &#8220;<strong>Add a new payee<\/strong>&#8221; on the top-right corner<\/li>\n\n\n\n<li>Select &#8220;<strong>Single payee<\/strong>&#8220;<\/li>\n\n\n\n<li>In the next page, first select &#8220;<strong>Third-party account&#8221;, <\/strong>and then choose the account type accordingly<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240611053220898.webp\"><img decoding=\"async\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240611053220898.webp\" alt=\"\" class=\"wp-image-32635\" style=\"width:500px; box-shadow: 1px 1px 3px 3px #EEEEEE;\"\/><\/a><\/figure>\n\n\n\n<ul>\n<li>In the next page, select your account country and the currency you&#8217;ll send payments in<\/li>\n\n\n\n<li>Then, enter the third-party account details as required<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240611053321827.webp\"><img decoding=\"async\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240611053321827.webp\" alt=\"\" class=\"wp-image-32636\" style=\"width:500px; box-shadow: 1px 1px 3px 3px #EEEEEE;\"\/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240618101826708.png\"><img decoding=\"async\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240618101826708-1024x487.png\" alt=\"\" class=\"wp-image-33045\" style=\"width:700px; box-shadow: 1px 1px 3px 3px #EEEEEE;\"\/><\/a><\/figure>\n\n\n\n<ul>\n<li>In the next step, you&#8217;ll be asked to verify with the Authy App or with an SMS message<\/li>\n\n\n\n<li>After the authentication, your account will either be immediately approved, or we will request more actions from you in 24 hours. You&#8217;ll be able to see the approval status and additional actions required under &#8220;<strong>Payees&#8221; &gt; &#8220;Third-party account&#8221; &gt; &#8220;Actions<\/strong>&#8220;, where we may ask you to upload additional documents<\/li>\n<\/ul>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-step-2-make-payments-to-a-third-party-account\"><span style=\"color: #ff0000;\"><strong>|<\/strong><\/span> Step 2 &#8211; <strong>Make payments to a third-party account<\/strong><\/h4>\n\n\n\n<ul>\n<li>Once a third-party account has been added and verified, you could go to &#8220;<strong>Payments<\/strong>&#8220;. Click on &#8220;<strong>Send &amp; withdraw<\/strong>&#8220;. Select &#8220;<strong>single payee<\/strong>&#8220;, and select a third-party account as the payee<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240611053622350.webp\"><img decoding=\"async\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240611053622350.webp\" alt=\"\" class=\"wp-image-32638\" style=\"width:500px; box-shadow: 1px 1px 3px 3px #EEEEEE;\"\/><\/a><\/figure>\n\n\n\n<ul>\n<li>In the next page, enter the amount you&#8217;d like to send in either your funding currency or the currency your payee receives<\/li>\n\n\n\n<li>Select if you&#8217;d like to send the payment now or schedule the payment for later\n<ul>\n<li>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<\/li>\n\n\n\n<li>If the currency pair is not supported for currency forward, your conversion rate will be the spot rate at the time of the transfer<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-columns has-background is-layout-flex wp-container-core-columns-is-layout-2 wp-block-columns-is-layout-flex\" style=\"background-color:#f78da83b\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p>We support forward contracts in all G10 currency pairs, with a few additional European and South East Asia currencies if you are a UK, EEA, ANZ customer. Your final conversion rate may differ from the current spot rate depending on your scheduled time. We may also require an initial deposit from you a few days before the scheduled transfer time.<\/p>\n<\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240611094041981.webp\"><img decoding=\"async\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240611094041981.webp\" alt=\"\" class=\"wp-image-32716\" style=\"width:700px; box-shadow: 1px 1px 3px 3px #EEEEEE;\"\/><\/a><\/figure>\n\n\n\n<ul>\n<li>In the next step, you&#8217;ll be asked to verify with the Authy App or with an SMS message<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240611094229713.webp\"><img decoding=\"async\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240611094229713-1024x543.webp\" alt=\"\" class=\"wp-image-32718\" style=\"width:700px; box-shadow: 1px 1px 3px 3px #EEEEEE;\"\/><\/a><\/figure>\n\n\n\n<ul>\n<li>Once the verification is done, you&#8217;ll be shown a summary of your transaction details. By clicking on &#8220;<strong>Confirm payment<\/strong>&#8220;, you&#8217;ll have completed a payment to a third-party account<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>You can send money the bank account of your supplier or business partner. For your account safety, we require you to add a third-party account as a new payee and get verified before you make the payout. | Step 1 &#8211; Add a third-party account as a new payee | Step 2 &#8211; Make payments [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"doc_category":[46],"doc_tag":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.2 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How do I make payments to a third-party bank account? | WorldFirst AU<\/title>\n<meta name=\"description\" content=\"You can send money the bank account of your supplier or business partner.\u00a0Learn how to make payments to a third-party bank account.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.worldfirst.com\/au\/user-guide\/making-payments\/make-payments-to-a-third-party-bank-account\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How do I make payments to a third-party bank account?\" \/>\n<meta property=\"og:description\" content=\"You can send money the bank account of your supplier or business partner.\u00a0Learn how to make payments to a third-party bank account.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.worldfirst.com\/au\/user-guide\/making-payments\/make-payments-to-a-third-party-bank-account\/\" \/>\n<meta property=\"og:site_name\" content=\"WorldFirst AU\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240611053220898.webp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.worldfirst.com\/au\/user-guide\/making-payments\/make-payments-to-a-third-party-bank-account\/\",\"url\":\"https:\/\/www.worldfirst.com\/au\/user-guide\/making-payments\/make-payments-to-a-third-party-bank-account\/\",\"name\":\"How do I make payments to a third-party bank account? 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