{"id":31365,"date":"2024-10-14T03:46:15","date_gmt":"2024-10-14T03:46:15","guid":{"rendered":"http:\/\/anja"},"modified":"2024-11-06T03:44:00","modified_gmt":"2024-11-06T03:44:00","slug":"sending-money-with-worldfirst","status":"publish","type":"docs","link":"https:\/\/www.worldfirst.com\/nz\/help-center\/faqs\/sending-money-with-worldfirst\/","title":{"rendered":"Sending money with WorldFirst"},"content":{"rendered":"\n
You can make free and instant payments to other WorldFirst customers. <\/span><\/p>\n\n\n\n In your World Account, <\/span><\/p>\n\n\n\n Funds received into receiving accounts are pooled into your balance of such currency. You can make conversions across your different balances by selecting the currency and amount that you want to “sell” and the currency that you want to “buy”. <\/span><\/p>\n<\/div>\n<\/div>\n<\/details>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n We currently support 92 payout currencies: AED, AUD, BGN, BHD, BWP, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MUR, MXN, MYR, NOK, NZD, PHP, PKR, PLN, QAR, RON, SAR, SEK, SGD, THB, TRY, USD, VND, ZAR, ALL, BND, AOA, ARS, BAM, NPR, BMD, BOB, TWD, BSD, CRC, DJF, DOP, FJD, GEL, GNF, GTQ, HTG, KHR, LAK, LBP, MNT, MVR, NIO, PGK, PYG, SBD, SCR, SRD, TOP, TZS, UGX, XAF, UYU, XPF, RSD, AMD, BIF, CDF, CVE, GYD, KGS, LRD, LSL, LYD, GHS, NGN, IQD, JOD, OMR, KZT, ZMW <\/span><\/p>\n<\/div>\n<\/div>\n<\/details>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n The speed at which your payments are made depends on several factors, such as the currency of your outgoing payments, the payee\u2019s bank and country, and the size of the transaction. <\/span><\/p>\n\n\n\n The following currency and country combinations are usually processed within one business day:<\/span><\/p>\n\n\n\n For currency\/country combinations other than the above list, please allow 1-2 additional business days. However, in some cases it may happen that the beneficiary’s bank needs an extra business day to credit the amount to the beneficiary’s account. For specific currency timelines, please contact us.<\/span><\/p>\n<\/div>\n<\/div>\n<\/details>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n When you enter a payee on the portal, you will be asked to enter relevant information, depending on the currency of the payment and the country of the beneficiary. Here are some examples: <\/span><\/p>\n\n\n\n Because we are making the payment on your behalf, the transfer will appear in the payee\u2019s account with either your name\/company, WorldFirst, or one of WorldFirst’s payment partners. <\/span><\/p>\n<\/div>\n<\/div>\n<\/details>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n If you have scheduled a payment in the future, you may cancel it at any point before your scheduled payment date. <\/span><\/p>\n\n\n\n You’ll need to cancel your payment at least one day before the date it was scheduled to be sent. In your World Account, <\/span><\/p>\n\n\n\n If the account number, name, address, or payment reference you entered are incorrect and the payment has not yet been processed by us, you can still cancel your payment. <\/span><\/p>\n\n\n\n If the payment has already been processed by us, we may be able to request a change from the beneficiary’s bank, although in some cases we may have to wait for the funds to be returned before we can process the payment again. <\/span><\/p>\n\n\n\n This depends on the currency, bank, destination and payment method. For more information, please contact our customer service. <\/span><\/p>\n\n\n\n If the payment has been sent to the wrong bank (because your beneficiary has entered the wrong SWIFT, BIC or national bank code), the only option is to wait for the money to be refunded or to request the payment to the wrong destination. <\/span><\/p>\n<\/div>\n<\/div>\n<\/details>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n When you make payments, you can select up to 25 payees at once if the payees were already added and verified. If you have more than 25 payees, you can upload an excel file indicating the payees’ friendly names and payment amounts. You can make up to 200 payments in the same currency at once. <\/span><\/p>\n\n\n\n If those payees were not already in the system, you can also add them in batches by uploading an Excel sheet. For detailed steps, please refer to our ‘<\/span>Making Multiple Payments<\/span><\/a>‘ guide.<\/span><\/p>\n<\/div>\n<\/div>\n<\/details>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n We’ll make the payment to your payee on the date you have selected at the point of booking your payment. Your payee might not be able to access funds straight away as their bank might take some time to clear these for them. <\/span><\/p>\n<\/div>\n<\/div>\n<\/details>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n Yes. To make a same-day outgoing payment in EUR, USD or GBP, you will need to have your cleared funds with us by the times given below (in local UK time) <\/span><\/p>\n\n\n\n If we receive your funds after these times, we will still try our best to make your payment for you on the same day, although will not be able to guarantee this. If you miss these cut off times, please account for the payment to be made on the next business day. <\/span><\/p>\n<\/div>\n<\/div>\n<\/details>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\nHow do I transfer between different receiving accounts?<\/summary>\n
In which currency can I make a payment?<\/summary>\n
How long will my payments take?<\/summary>\n
Which payee details do I need to transfer money?<\/summary>\n
How does my payment appear on my payee’s account?<\/summary>\n
How can I cancel a payment?<\/summary>\n
To do this, follow these simple steps: <\/span><\/p>\n\n\n\nWhat should I do if my payee details are incorrect?<\/summary>\n
How can I make multiple payments at once?<\/summary>\n
When will my payments go out to my payee?<\/summary>\n
Can I make same-day payments?<\/summary>\n
What is an automatic transfer?<\/summary>\n