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Home Transfer Money

What info is required for bank transfers? A guide

currencycoach by currencycoach
March 14, 2026
in Transfer Money
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What info is required for bank transfers? A guide
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With WorldFirst, you can pay like a local in 20+ currencies, resulting in more affordable, faster payments.

Within your World Account, you can create multiple sets of domestic bank details entirely for free, including your own unique BICs, account numbers and sort codes.

By using these local details, your international payments can bypass the SWIFT network entirely, instead being processed through domestic networks like CHAPS, the Faster Payments service or SEPA in Europe. Your funds are treated as domestic transactions rather than international ones

This way, you can avoid expensive SWIFT fees and any additional currency exchange charges from intermediary banks. We’ll always send your payment through the fastest route possible, which is why 80% of WorldFirst payments land on the same day and 90% settle by the next business day.

It’s also completely free to send payments to other World Accounts, which is especially useful if you’re primarily making domestic transactions in GBP, or sending to overseas suppliers who already have an account with WorldFirst.

Read more: What’s the best way to transfer large sums of money internationally?



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