World First UK Ltd

World First UK Ltd Logo
Trustpilot Rating
Reviews 901 | Excellent
 (4.6)
Business Focus
international money transfers for businesses and individuals

World First UK Ltd is an electronic money institution focused on international money transfers for businesses and individuals. World First UK Ltd offers international money transfers, virtual personal accounts, virtual business accounts, foreign exchange. Incorporated in the United Kingdom, World First UK Ltd is authorized and regulated by the Financial Conduct Authority.

Products
  • virtual personal accounts
  • virtual business accounts
Services
  • international money transfers
  • foreign exchange

Money Transfers

World First UK offers money transfers between more than 150 countries in more than 100 currencies. Money can be sent from bank accounts, debit cards and received to bank accounts. Transfers made with World First UK are usually completed within 0-4 days.

world-first-uk Money Transfers
Speed
0-4 days
Amount Range
n/a
Countries
150+ countries
Currencies
100+ currencies
Sending From
  • bank accounts
  • debit cards
Receiving To
  • bank accounts

Transfer Speed

Transfer speed with WorldFirst depends on the currency you're sending or buying, the bank used and the size of the transaction.

  • USD, GBP, EUR: WorldFirst usually makes a same-day payment when WorldFirst receives your funds
  • Other currencies: it can take 1-4 days, depending on the currency
  • USD from other countries: can take 1-4 days

Sending Methods

Debit Card
If you're a private client you can use your debit card to send your money to WorldFirst. This is one of the fastest ways you can pay.
Online/Telephone Banking (Faster Payment)
This usually arrives with us the same day or the following morning.
BACS
A BACS payment takes two working days for funds to arrive. They will be cleared funds on the third day, which is when your payment will be able to leave WorldFirst.
Direct Debit
If you're sending us GBP funds, WorldFirst can collect them by Direct Debit. Once a direct debit is set up, WorldFirst arranges collection of the funds and it is similar to a BACS payment in terms of clearing times.
CHAPS
A CHAPS payment is a same-day payment and will arrive with WorldFirst on the day you send it.
Different Source
WorldFirst can receive funds from an account in a different name to yours, but it will need to verify the source.

Receiving Methods

Bank Accounts
As worldFirst is making the payment on your behalf, the funds will arrive in your beneficiary's account from WorldFirst and not in your name. There will also be a reference which starts with WFPAY and followed by a sequence of numbers.

Advantages of World First UK Transfers

Support for spot and forward contracts
Available for individuals and business customers
Market updates are available

Disadvantages of World First UK Transfers

Receiving money to bank accounts only

Alternatives to World First UK Transfers

Compare World First UK Money Transfers

See Also

Operations with Cryptocurrencies

No

World First UK do not conduct operations with cryptocurrencies.

See Also

Company Details

Country of Registration
GBUnited Kingdom
Company Number
05022388
BIC
WFSTGB2L
Authorized By
Financial Conduct Authority
Reference Number
900508
Authorization Granted
16 May 2018
Authorized Activities
  • placing cash to a payment account
  • withdrawing cash from a payment account
  • execution of payment transactions on a payment account (not covered by a credit line)
  • execution of payment transactions on a payment account (using a credit line)
  • issuing payment instruments or acquiring payment transactions
  • money remittance

World First UK Ltd is authorized by the Financial Conduct Authority (reference number 900508) for placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance. The authorization was granted on 16 May 2018.

EEA Passport
Yes
Deposit Guarantee
No

Due to EEA passport rules World First UK Ltd, can conduct its activities in any of the 31 EEA member states. World First UK Ltd do not participate in deposit guarantee schemes.

Membership
SWIFT

World First UK Ltd is a SWIFT member.

See Also

Contacts

Millbank Tower 21-24 Millbank, SW1P 4QP, London, United Kingdom
+44 207 129 8227
Website Languages
GBEnglish
FRFrench
CNChinese

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See Also