WorldFirst’s multi-currency platform puts UK SMEs world in their hands
Through World Account, SMEs can open multiple international currency accounts
WorldFirst, an international payments business, has unveiled its new World Account platform for UK corporate customers, providing a range of international banking services to SMEs trading overseas who find it difficult to access through traditional banks.
Through World Account, SMEs can open multiple international currency accounts in GBP, EUR, USD and CAD free of charge. For businesses in pursuit of international growth, it provides an innovative solution that supports global ambitions by “reducing the friction and frustration often associated with existing providers”, WordlFirst says. All the accounts can be accessed and managed from one platform or through WorldFirst’s app.
Businesses will be able to hold balances in multiple currencies at the same time allowing them to manage funds effectively to reduce FX costs, the company says. There are also no hidden fees to send international payments or receive funds from overseas, it adds.
WorldFirst plans to support additional currency accounts including the Japanese yen (JPY), Australian dollar (AUD), Singapore dollar (SGD), New Zealand dollar (NZD) and Hong Kong dollar (HKD) in the coming months.
