Bank Index

IFX (UK) Ltd

E-money or payment institution · LONDON, United Kingdom · overall 4.9 / 10

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How this 4.9 is built

Average of 10 scored needs: 4.9. Regulation in United Kingdom: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.

IFX (UK) LTD is recorded in the global register as an e-money or payment institution in LONDON, United Kingdom. The register names Financial Conduct Authority as its regulator and shows the licence as licensed. Established 2005. Collected from open registers.

On its own website: “The payments and FX partner for complex businesses. Multi-currency accounts, mass payments and specialist FX for fintechs, corporates and institutions.”

Legal name
IFX (UK) LTD
Regulated by
Financial Conduct Authority
Licence confirmed
yes, on a regulator's own list
Established
2005
LEI
213800M96F4KL2BXKH87
Website
www.ifxpayments.com/

Scores, 0 to 10

6.0United Kingdom
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Cross-border payments, FX and multi-currency accounts
The company names SEPA, SWIFT and at least 15 account currencies. The score is held back because the FX margin was not published in this evidence. Read as: “Faster Payments” · source
6.0Fast digital onboarding
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
6.0Online businesses: e-commerce and SaaS
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.5Lowest fees
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.5Fintech companies that need a partner bank
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.5Startups & VC-backed companies
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
5.0Business cards (Visa, Mastercard)
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
4.0Financial strength & stability
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
3.5Trade, manufacturing & import-export
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source
2.0Best interest on business balances
An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.