A new banking approach for SMEs and PSPs

Welcome to BFC Bank. Our specialised banking services model is designed for Small to Medium-sized Enterprises (SMEs) and Payment Service Providers (PSPs).

We offer international payments, multi-currency accounts and foreign exchange (FX) services to SMEs and PSPs with a turnover between £5 million and £50 million a year. We are a specialised, 21st century bank; this means our online portal is not constrained by legacy systems. We have created a bespoke service to bring you innovative, international banking and transparent fee tariffs.

21st Century banking with a 100-year pedigree

The origins of the BFC Group date back more than a century. We provide financial services in over 55,000 locations in 40 countries. We have been in the UK since 2003 and received our UK banking licence in September 2016.

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As global trade activities grow, so does the volume of international remittances. Businesses that trade internationally need reliable commercial payment solutions they can trust. This is where BFC Bank comes in.

Banking services for SMEs

We know the importance of cost control for SMEs. This drives our commitment to absolute transparency in our pricing and margins. We make the total transaction cost (including FX spreads) completely visible. SMEs enjoy comprehensive service and support generally only available to larger companies.

Banking services for PSPs

PSPs who make cross-border payments must maintain a bank account at a regulated financial institution. BFC Bank is a perfect choice. Our services make international transactions simpler and more cost-effective. Non-bank PSPs can take advantage of our direct access to the Faster Payments Scheme (FPS). This payment gateway is usually only available to banks. As an FPS sponsored partner you can settle transactions in almost 'real time' to grow both your business and payment volumes.

High compliance standards

Compliance in today's financial ecosystem has never been more important. Banks must have a strong organisational compliance framework to adhere to regulation. Compliance is a strict responsibility among BFC Group's global businesses. Rigorous Know Your Customer (KYC) and Client Due Diligence (CDD) checks are carried out on all prospective clients prior to any commercial activity.

Committed to safe, reliable services

As pioneers of a new, tailored user experience, we are committed to deliver reliable and safe services. We help clients grow through product development and exemplary service.

Speak to our Relationship Management team for more information or register your interest to become a client.

Working with SMEs

A simpler way to trade internationally. We provide a suite of products designed for Small to Medium-sized Enterprises (SMEs). Our cost-effective solutions simplify the management of international payments and foreign exchange. Our specialised bank service for SMEs complements your present bank arrangements, with a specific focus on international payments.

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Working with PSPs

A bank that understands Payment Service Providers (PSPs). We offer tailored bank services that help PSPs access domestic and international payment gateways. We are part of BFC Group which has operated a global remittance and foreign currency operation for many years. We are well placed to understand the requirements of fellow PSPs.

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BFC Bank services

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