25 Jul

WorldFirst

WorldFirst

URL: https://www.worldfirst.com/us/

 

Description: Established in 2004, Worldfirst offer tailored accounts for individuals and online sellers. They operate 24/7, and claim that you will always talk to a real person within three rings. They also claim to have conducted the world’s first international money transfer on a wearable device, which we think is pretty cool.

 

Free to open an account? Yes

 

Payment structure: Transfers cost $10 for transfers under 10,000 and are free for transfers above that.

 

Same Day Payments?

 

Worldfirst say it will be possible ‘for most currencies.’

 

For EUR, GBP and USD it will be possible if payment made before these cut-off times EST:

 

EUR payments: 10:00

GBP payments: 10:50

USD payments: 11:00

 

Minimum Transfer Amount: £1000, $1000 or €1000.

 

Where You Can Transfer To:

 

Australia, Canada, USA, UK, Europe, Germany. The company say: ‘the list is endless and so are the currencies. The best way to double check if we can support your specific currency requests (which we probably can!) is to ask.’

 

Special Features/Benefits:

 

Spot contracts, forward contracts. You can become an affiliate partner, meaning you earn revenue when you refer others to Worldpay. You can also ‘white label’ their service and work with a dedicated relationship manager.

 

Accreditation:

 

UK: FCA

 

US: FinCEN and OFAC

 

US State-specific license info:

 

The full list is available here

 

Offices In: London

 

Awards:

 

World First selected Most Convenient in 2017 Money Transfer Award

 

Fintech Breakthrough Award 2017

 

Trade streaming Awards, Best New Payments Player

 

The Queen’s Award for Enterprise, International Trade 2016

 

Sunday Times HSBC International Track 2016

 

First Class Accreditation in the Sunday Times Best Companies Guide 2015

 

Real Business Hot 100 2015

 

UK Customer Experience Award 2013

 

National Business Awards UK 2012

 

Feefo Gold Trusted Services – 2017, 2016, 2015

 

Customer Experience Awards in 2013

 

UK National Business Award in 2011

 

Sunday Times Virgin Fast Track 100 in 2011

 

Recent Headlines:

 

Payments Source, March 2016: World First Opens Its Tech to Confront a Fierce Global Transfer Market

 

payments.com, April 2016: A Global Payments Study Guide For SMEs

 

Austin Business Journal July 2016, Why fintech giant World First is bullish on Austin

 

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