WorldFirst Logo

WorldFirst

UK-based WorldFirst began operations in 2004. This Tipalti competitor provides local bank account details from the U.S., the UK, the European Union, Canada and Japan. Its offering for online sellers comes with no registration fees.

Pros

Remove Circle Icon
Lets you register as a business, an online seller or an individual
Remove Circle Icon
UK-based, with offices also in Australia, the Netherlands, Singapore, Hong Kong and Japan
Remove Circle Icon
Multilingual website
Remove Circle Icon
Provides easy means for online sellers and businesses to make and receive payments
Remove Circle Icon
Provides business and individual customers unique offers
Remove Circle Icon
Open receiving accounts in U.S. dollars, British pounds, euros, Canadian dollars, Chinese yuan and Japanese yen
Remove Circle Icon
Applies a transparent pricing band over existing real/interbank exchange rates
Remove Circle Icon
Use the “World Account” to receive and make payments in different currencies, while avoiding currency conversion fees
Remove Circle Icon
Link your World Account with Xero easily
Remove Circle Icon
Choose from scheduled transfers, forward contracts and spot orders
Remove Circle Icon
Get local phone support in different countries

Cons

Remove Circle Icon
Individual transfers limit to bank accounts
Remove Circle Icon
WorldFirst does not process transfers from the U.S.
Remove Circle Icon
Different sending limits apply, depending on your country of residence and the desired payment method

OFX Logo

OFX

Australia-based OFX began operations in 1998, as OzForex, an information-only website. Online merchants can open local collection accounts in U.S. dollars, British pounds, Euros, Australian dollars, Hong Kong dollars and Canadian dollars. You’ll pay no outgoing fees when you withdraw funds into a local bank account.

Pros

Remove Circle Icon
Serves businesses, online sellers and individuals
Remove Circle Icon
Online sellers can open local currency accounts in U.S. dollars, British pounds, Euros, Australian dollars, Hong Kong dollars and Canadian dollars
Remove Circle Icon
Online sellers have the ability to automate delivery of funds
Remove Circle Icon
Online sellers can transfer funds without paying fees
Remove Circle Icon
Australia-based, with offices also in the U.S., the UK, Hong Kong and New Zealand
Remove Circle Icon
Local phone support provided in different countries
Remove Circle Icon
Personal transfers come with fee-free thresholds
Remove Circle Icon
Transfer funds online or over the phone
Remove Circle Icon
Choose from scheduled transfers, forward contracts and market orders

Cons

Remove Circle Icon
Website access only in English
Remove Circle Icon
You need to speak with an OFX representative over the phone to trade in some currencies

Currencies Direct Logo

Currencies Direct

Currencies Direct began operations in 1996. This UK-based Tipalti alternative may work well for online sellers. This company lets you convert proceeds from your sales through different online marketplaces without the need of opening receiving accounts in multiple currencies. You may receive and hold money in different currencies using segregated collection accounts. A centralized online system lets you manage your transfers in a single place.

Pros

Remove Circle Icon
Register as a business, an online seller or an individual
Remove Circle Icon
UK-based, with offices also in the U.S., France, Spain, Portugal, South Africa, China and India
Remove Circle Icon
Travel money solutions provided for residents of the UK
Remove Circle Icon
Multilingual website
Remove Circle Icon
Use segregated accounts to receive payments and hold funds in different currencies
Remove Circle Icon
Businesses and online sellers may pay suppliers in local currencies
Remove Circle Icon
Choose from scheduled transfers, forward contracts and limit orders

Cons

Remove Circle Icon
Does not serve residents of all American states
Remove Circle Icon
Individuals may transfer funds only to bank accounts

Global Reach Group Logo

Global Reach Group

This UK-based alternative to Tipalti began operations in 2002. It provides services for businesses and online sellers. Global Reach Group gives all its registered customers access to currency specialists.

Pros

Remove Circle Icon
Serves businesses and individuals
Remove Circle Icon
Headquartered in the UK, with offices also in the Netherlands, Cyprus and South Africa
Remove Circle Icon
Provides access to currency specialists
Remove Circle Icon
Lets you choose from stop loss orders, limit orders and forward contracts
Remove Circle Icon
Allows scheduling of transfers

Cons

Remove Circle Icon
Access to the website is only in English
Remove Circle Icon
No agent network for cash transfers