Market & infrastructure coverage

This page gives you a complete reference of WorldFirst's market and infrastructure coverage across three core capabilities — Collection, Payouts, and FX. Use it to quickly check which currencies, regions, partner banks, and payment networks are available for your business.

Collection

You can receive payments in 10 major currencies with Global Collection Accounts, or open Local Collection Accounts in 21 currencies for faster settlement with no intermediary bank fees, backed by leading partner banks such as J.P. Morgan Chase, Citibank, Barclays, and HSBC.

Supported currencies

1. Global Collection Accounts

With Global Collection Accounts, you will be able to receive payments in multiple currencies all by using one single account.

2. Local Collection Accounts

Local Collection Accounts supports the below 21 Currencies, enable faster settlement with no intermediary bank fees:
USD, EUR, GBP, HKD, CNH, CAD, SGD, AUD, NZD, IDR, PHP, THB, MYR, AED, DKK, PLN, NGN, KES, MXN, TZS, TRY.
To view the currencies supported for different Local Collection Account sub-type, refer to the tables below:
Multi-Currency Account
Single-Currency Local Account
Single-Currency Cross-Border Account

Supported Payment Methods for Multi-Currency Accounts

Multi-Currency Hong Kong/Singapore Collection Accounts

Multi-currency collection accounts in Hong Kong and Singapore support both Global SWIFT collection network and Local Collection Network:
Note: If you have completed real-name authentication, we will automatically create recommended local collection accounts or global multi-currency collection accounts based on the "Primary Sales Countries and Regions" you specified when opening your WorldFirst account.

Payment network

You can create WorldFirst Accounts in the following regions and currencies, and receive bank transfers via local payment methods and/or cross-border payment (SWIFT). Please refer to the table below for details:
Note:
  • THB:
    • When paying via Bahtnet or BOOK, please enter “ALIPAY HONG KONG LIMITED” as the account holder name.
    • For single payments exceeding USD 200,000, ensure the payer has completed KYC verification before payment.
    • Due to significant exchange rate fluctuations, please convert funds in a timely manner.
    • Reverse conversion is not supported; please arrange funds appropriately.
  • MYR:
    • When paying via RENTAS, please enter “Alipay Malaysia Sdn. Bhd” as the account holder name, otherwise payment may fail.
    • Malaysian regulators require submission of payment/receipt documents.
    • Although you can still make foreign currency payments to MYR, please note that currency conversion to MYR within World Account is not supported.
    • Checks and cash deposits are not supported.

Payouts

WorldFirst currently supports local and SWIFT payouts to bank accounts in the below Supported currencies, and continues to expand its coverage. In general, the processing time for fund outflow and payment arrival are as follows:
  • LOCAL: T0 real time fund outflow, T0~T2 arrival
  • SWIFT: T0 real time fund outflow, T1~T4 arrival
You may refer to the Supported Payout network for more details on the local and SWIFT clearing system that we supported.

Supported currencies

The supported currencies for WorldFirst payout can be divided into two separate views:
  • Payout made by payer to payee in supported currency pairs
  • Payouts made in USD to other supported currencies

Payer to payee supported currency pairs

Currently WorldFirst is supporting 40 currencies pairs from the payer currency to the payee currency:

USD to other supported currencies

Currently WorldFirst is supporting the payouts made in USD to the following 61 payee currencies:

Payment network

WorldFirst supports both currencies with local payment networks available, as well as other currencies where SWIFT payment networks are used. Refer to the tables below for more details.

Currencies with Local network

Note: MYR, PHP only can be paid via local payment networks to the home country.

Other currencies with SWIFT network

Note: EGP, INR, IDR, VND, KRW, PKR, LKR, MAD and MUR are controlled currencies that are only allowed to be paid to the home country.

FX

With our FX capability, you can convert funds between a wide range of buy and sell currencies directly within your WorldFirst account.
WorldFirst supports currency conversion in wide-range of buy currencies and sell currencies. See FX Convert supported currency pairs for detailed information.