World First UK Ltd.
Great
Entity type
Electronic Money Institution
Client type
Personal/Business
License
900508
Country
United Kingdom
Year
"2004"
Employee Count
201-500
Great
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. In 2019 World First UK Ltd had total assets of 524.94 mln GBP, World First UK Ltd generated net income of -41952000 GBP. Incorporated in the United Kingdom, World First UK Ltd is authorized and regulated by the Financial Conduct Authority.
Setup Fee
0 EUR
Monthly Maintenance Fee
0 EUR
SEPA Incoming
17 EUR
SEPA Outgoing
17 EUR
SWIFT Incoming
17 EUR
SWIFT Outgoing
17 EUR
FX Fee
0.15%-0.6%
EUR
(Euro)
USD
(United States dollar)
AUD
(Australian dollar)
GBP
(British pound)
CAD
(Canadian dollar)
NZD
(New Zealand dollar)
JPY
(Japanese yen)
ZAR
(South African rand)
CHF
(Swiss franc)
PLN
(Polish złoty)
ATTENTION, if money of a certain amount arrives, they block them and continue to ask for documents, when you send them to your reference manager, he tells you that they are being verified by the team. Then you continue to send emails but no one answers you, then other emails arrive from other managers who ask you for the same documentation. It has been a month since we have been blocked from accessing the web and blocked €. 135,000, did not make any transfers we had ordered. Other customers are in the same conditions from different social "WikiFX: risk warnings Worldfirst 2022.04.29 This broker's negative field survey review number has reached 1, please be aware of the risk and potential scam!
They want you to provide a photocopy of all sensitive data just to get to know that they don't actually allow payments from regular companies (not Stripe, Amazon). I'm not even sure if my personal data was properly deleted.
We are World First customers (albeit small) but I notice their GBP/USD exchange rates see not to be as favourable in the past and their service charge has increased from US$1.50 to US$2.00. Maybe its our imagination but I would be interested to what their others customers opinions or comments are. Their online service is good Novak Panpro
WorldFirst provide a good business account service allowing accounts in many currencies and fairly easy movement between them. The reporting is made easy with their interaction with external accountancy packages (I use Xero so other packages might not be so good). The only limitations I have noted are around the regulation they are subject to that other traditional banks somehow get round.
fine for online trades. the moment you have to deal with a rep they prove just how completely incompetent they are, they will take instructions over the phone and completely cock things up for you. if you can possibly avoid these people, my advice is to avoid.
Worldfirst was a dream to work with , from setting up my account to the currency exchange and delivery to my suppliers bank account from Ian coulson who is a pure gentleman great guy and also Jack Nicholas who give me all the updates and information I need great guys and great company.
We use Worldfirst for all our foreign currency payments and find it a very quick and easy system to use. Very helpful whenever I've had a problem.
Finscanner is an independent digital platform aiming to provide up-to-date access to worldwide financial services to improve customer experience and boost transactions.
On this page, you can see a detailed review of World First UK Ltd. Payment systems with reviews from real users and our experts. World First UK Ltd. provides the following services: Agreggated Account, API integration, B2B Accounts, C2B Accounts, Multi-currency Account, SEPA Transactions, SWIFT Transactions.
At the moment, World First UK Ltd. rating on Finscanner is 3.8 and on Trustpilot is 4.5.