BFC Bank Revenue and Competitors

BFC Bank is a specialised, challenger bank focused on international payments and cash management solutions. Our business is to provide low-cost corporate banking products in multi-currency cash management, segregated client accounts as well as International and UK domestic payments. We simplify overseas payments and foreign exchange activities for clients as a complement to their existing banking arrangements. Segments covered will be Small and Medium-sized Enterprises (SMEs) and Payment Service Providers (PSPs). We received authorisation by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) (FRN 716167) in 2016 and entered mobilisation ahead of our launch as a UK bank in 2017. Our ethos is that of trust, fairness and transparency. BFC Bank is a wholly-owned subsidiary of BFC Group Holdings (BFC Group), which has a history of nearly 100 years and adheres to high regulatory compliance standards.. Ebrahim Nonoo, BFC Group's Managing Director and CEO commented, ?I am delighted to expand our presence in the UK at a time when there is a niche in the market to leverage our knowledge and expertise in international payments. Our vision is to become a banking partner for companies that require access to international and domestic payment services.?? Ayman Sejiny, BFC Group Chairman and BFC Bank Chairman said, ?Building on our heritage and our culture of listening to our clients, we believe our business model has the components to provide a clearer future for international payments and cash management, offering smaller companies the opportunity to conduct payments at a cost they can afford.?? For further information or to register an interest in becoming a customer of BFC Bank please go to www.bfcbank.co.uk. Multi-Currency Current Accounts, Client Focus, UK Domestic and International Payments, Wholesale Currency Services, Cash Management Solutions