Business payments don't have to be complicated
Try Sokin and see for yourself
Sokin vs WorldFirst: The smarter global payments choice
With Sokin, benefit from zero monthly fees, clear FX rates, access to 26 currencies, with dedicated support and bulk payments of up to 5,000.
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Morgan Stanley invests to become our trusted partner in growth
Recognised as one of the fastest-growing private technology companies.
Fast and Free Onboarding
Transparent Pricing
Hands on Support
SME Friendly
Sokin puts business owners and finance teams first
Frictionless payment options
Eliminate delays. Use Visa, Mastercard, Apple Pay, or Google Pay to manage your capital.
Put idle funds to work
Earn up to 3.5% AER on GBP, EUR, and USD balances; put your working capital to work.
Pricing that stays predictable
No subscription. No surprises. Just flat transfer fees and transparent FX, no matter the currency, that help finance teams forecast with confidence.
Why fast-growing businesses choose Sokin
Sokin is designed for finance teams that value clarity, control, and consistency in their global operations. With transparent FX, no monthly fees, multi-currency accounts, and predictable payment costs, Sokin helps businesses budget confidently, streamline cross-border transfers, and scale without complexity.
Worldfirst*
Monthly fee**
No monthly fee
No monthly fee
Currency exchange fee**
Up to 0.75%. ~0.5% for common pairs
Wholesale rate + min 0.5% regardless of currency
Transfer fee**
International Payments £4 Local payments £0.30
From £5
Inbound fee
No inbound fee
No inbound fee
Local account details
🏆 20+ regions including GBP, EUR, USD
5 regions including GBP, EUR, USD
Hold and manage multiple currencies
20+
🏆 26
Countries you can send to
🏆210+
170
Earn on balances***
No
🏆 up to 3.5% on USD, GBP and EUR***
Payout currencies
🏆 100+
70+
Accounting Integrations
Xero or NetSuite
🏆 Sage, Xero, NetSuite, QuickBooks
Marketplace collections
130+
No
Payment acceptance
No
🏆 Card payments, Apple and Google pay
Disclaimer:
*WorldFirst information shown is based on publicly available UK pricing and product details as at January 6, 2026. Fees, features, and availability may vary by country,entity type, and customer profile.
**May vary by region.
*** Sokin Premium wallets and Boosts are subject availability depending on your region. Sokin reserves the right to withdraw or not offer this product to any account. Premium Wallets and the Boost functionality is only available to Sokin Business Customers who have a multi currency account. The Interest rates outlined are correct as of 1st September 2025 and are subject to change depending on the Central Bank rate change.
*WorldFirst information shown is based on publicly available UK pricing and product details as at January 6, 2026. Fees, features, and availability may vary by country,entity type, and customer profile.
**May vary by region.
*** Sokin Premium wallets and Boosts are subject availability depending on your region. Sokin reserves the right to withdraw or not offer this product to any account. Premium Wallets and the Boost functionality is only available to Sokin Business Customers who have a multi currency account. The Interest rates outlined are correct as of 1st September 2025 and are subject to change depending on the Central Bank rate change.
Compare the landscape
Every global payments partner offers something different. Explore our comprehensive blog to ensure you have the agility and reach your business demands.
3 more reasons to switch from Worldfirst to Sokin
Enjoy the best of business banking through one easy portal
- Transparent Pricing No hidden FX markups. No complex fee structures. Just flat, predictable costs.
- Stellar Customer Support Talk to experts who provide clear answers instead of automated replies.
- Trusted Partnerships Supported by global financial institutions and built to grow with your business.
All the currencies you need.
At our best rates, guaranteed.
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See our real impact
70+
payout currencies
170
Countries you can send to
$8B
payment volume processed
Products we offer
Multi-currency Accounts
Receive funds in 26 currency accounts across local and multi-currency accounts.
FX & Payments
Send fast international payments to over 170 countries in 70+ currencies.
Balance boost
Switch on your Boost to earn upto 3.5% AER on unlimited USD, EUR and GBP balances.
Payment gateway
Ecommerce payment gateway that supports your domestic & international customer base.
Accounting integrations
Connect directly with your existing ERP and accounting platforms to fuel efficiency.
Questions and Answers
What are the fees associated with WorldFirst?
Opening and keeping a World Account is free, receiving funds is free, transfers to other World Accounts are free, outgoing payment fees start from ~€0.30 (vary by currency), and FX conversions use a small margin (region‑specific: up to 0.75% in the EU,
How does WorldFirst work?
You open a World Account online, get local account details in 22 currencies, receive payments for free, convert when you need to, and pay suppliers in 100+ currencies. You can also get paid from 130+ marketplace collections.
Is WorldFirst Safe?
Your money's never invested but is held in segregated accounts with trusted banks: JP Morgan, Barclays and CitiBank. WorldFirst is authorised and licensed in across 4 continents.
How does WorldFirst compare to competitors?
WorldFirst offers local currency accounts in 22 currencies, as well as a multi-currency account that supports 10 currencies in one account.
