Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.


Launch follows successful beta trial and 1,000+ pre-registrations 

  • Highly anticipated World Account from WorldFirst launches in the UK
  • Free to use platform will help save time and money for businesses that operate in different currencies
  • Opening local currency accounts helps smaller businesses to ‘do business like a local’
  • Launch follows successful beta test with 50 WorldFirst clients
  • 1,000 SMEs and online sellers pre-registered for the World Account

WA-LaptopThe World Account, a new international payments platform from UK-based FinTechWorldFirst, goes live for online marketplace sellers today. Providing an alternative to traditional international banking for businesses who operate across different currencies, World Account makes the process of international trade cheaper and easier.

Do business like a local

Using World Account, online sellers can open multiple local currency accounts – initially in GBP, USD, EUR and CAD – for free enabling them to send, hold and receive funds in different currencies. Online sellers will now be able to receive payments in euros, for example, and either hold them in their account until such time as they need to pay a supplier in euros or make international payments out and benefit from WorldFirst’s great exchange rates.

World Account will put an end to slow international payments, expensive transfers and the endless delays and complexities commonly encountered by businesses trying to open overseas bank accounts. The exciting new platform will help ambitious online sellers to easily access overseas bank accounts to compete better with local businesses across the globe.

Unlock your global ambition 

WA-PhoneIt is free to open a World Account with WorldFirst and users can manage their international earnings and payments online – either using WorldFirst Online or the brand new app. Using the online platform, users can view balances, make international payments and transfer money between their GBP, USD, EUR and CAD accounts with instant FX transfers.

Commenting on the launch, Jonathan Quin, Co-founder and CEO at WorldFirst said: 

“It’s really exciting to say that the World Account is now live. We strongly believe that this is the future of payments for small businesses and online sellers trading internationally and will become the world’s most flexible financial platform as we build on the foundation that this gives us.

 The messages from the small businesses that we work with has been clear; they wanted a simpler, faster and cheaper way to manage their money when doing business internationally – and that’s what we’ve created. Working with some high-profile and long-standing banking partners, we’re able to give our clients access to the local currency accounts, great rates and frictionless functionality they need to grow their business.

 With the World Account, they’ve finally got a platform that supports their business growth internationally, whether they’re a one man band or a multinational operation”

World Account is launching as a free service with no hidden fees or charges on FX transfers or to open or maintain the currency platform. Similarly, there is no maximum on transfer values or deposit limits. The new platform is available both online and through a newly launched mobile app to online marketplace sellers today with a wider launch for all businesses planned imminently.

Additional functionality and more currency accounts including the Japanese yen, Australian dollar, Singapore dollar, New Zealand dollar and Hong Kong dollar will be supported over the coming months. To register for a World Account, visit www.worldfirst.com/uk/online-sellers

World Account Homepage
World Account Homepage