{"id":643326,"date":"2026-06-17T10:20:10","date_gmt":"2026-06-17T10:20:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/643326\/"},"modified":"2026-06-17T10:20:10","modified_gmt":"2026-06-17T10:20:10","slug":"why-do-international-transfers-take-so-long-explained","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/643326\/","title":{"rendered":"Why Do International Transfers Take So Long? Explained"},"content":{"rendered":"<p>WorldFirst helps businesses make cross-border payments with fewer delays and better visibility.\u00a0<\/p>\n<p>WorldFirst is not a bank. Instead, it operates as a global payments platform that provides businesses with a<a href=\"https:\/\/www.worldfirst.com\/uk\/blog\/international-transactions\/best-multi-currency-business-bank-accounts\/\" rel=\"nofollow noopener\" target=\"_blank\"> multi-currency account<\/a> and tools to manage international payments more efficiently.<\/p>\n<p>With a World Account, companies can receive, hold, convert and send funds across multiple currencies from a single platform. Businesses can collect revenue from overseas marketplaces, keep balances in different currencies and pay international suppliers directly without relying on multiple bank accounts.<\/p>\n<p>Key advantages include:<\/p>\n<p>Global reach, local speed: With a World Account, you can send payments in 100+ currencies to over 200 countries. 80% of WorldFirst payments<a href=\"https:\/\/www.worldfirst.com\/uk\/blog\/international-transactions\/same-day-international-money-transfer\/\" rel=\"nofollow noopener\" target=\"_blank\"> arrive on the same day<\/a> and 90% by the next day. For UK businesses sourcing from APAC, WorldFirst can pay Chinese, Singapore or Australian suppliers the same day (compared to 2\u20135 days via traditional banks)Multi-currency holding and conversion: You can receive and hold funds in 20+ currencies (USD, EUR, CNH, SGD, etc.). This means you can collect sales revenue abroad and then pay suppliers in the appropriate currency. Avoiding forced conversions protects your marginsLocal account details: WorldFirst provides free local bank account details in 20+ currencies (GBP, EUR, USD, CNH, SGD, AUD, NZD, JPY and more). You can give these details to foreign partners, effectively acting as a domestic payee in their countryEnd-to-end visibility: The World Account dashboard lets you track all your international payments in one place. You can see when you send a payment, check its status and confirm when it arrivesCompetitive, transparent pricing: WorldFirst charges no monthly or hidden fees for the World Account. You pay a low transaction fee, often lower than a bank\u2019s and the platform shows the FX margin upfrontInstant transfers between World Accounts: If both sender and recipient use WorldFirst, transfers are instant and free. Businesses in the network can pay each other in seconds. For example, a UK company with a World Account can pay a Chinese supplier who also has one and the funds will arrive immediately<\/p>\n<p>International transfers don\u2019t need to involve long banking chains and unpredictable delivery times.<\/p>\n<p><a href=\"https:\/\/portal.worldfirst.com\/register?lang=en-GB&amp;region=GB&amp;step=0\" rel=\"nofollow noopener\" target=\"_blank\">Open a World Account today<\/a> and manage cross-border payments with faster transfers and clearer FX visibility.<\/p>\n","protected":false},"excerpt":{"rendered":"WorldFirst helps businesses make cross-border payments with fewer delays and better visibility.\u00a0 WorldFirst is not a bank. Instead,&hellip;\n","protected":false},"author":2,"featured_media":643327,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[59,57,58,50,56,54,55],"class_list":["post-643326","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-kingdom","tag-gb","tag-great-britain","tag-greatbritain","tag-news","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/643326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=643326"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/643326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/643327"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=643326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=643326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=643326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}