We are proud to enter the UK as a challenger bank. BFC Bank received authorisation from the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) (FRN 716167) in September 2016. We exited mobilisation in October 2017 and will finalise our full service launch for early 2018. Based on our ethos of fairness and transparency, BFC Bank offers low-cost basic corporate banking products for Small to Medium-sized Enterprises and Payment Service Providers. We specialise in international transactions, multi-currency cash management and UK domestic payments.
Complements existing banking arrangements to provide cost effective, transparent and efficient overseas payments and currency exchange services. Read more >>
Providing banking services to PSPs who face difficulties accessing bank accounts and the ability to make payments including through UK payment gateways. Read more >>
BFC Bank will offer low-cost basic corporate banking products with a strong emphasis on international transactions and multi-currency cash management, as well as UK domestic payments. Accounts will be available in up to 40 currencies, with online access in a fully secure environment to make all your domestic and international payments. Short term loans and overdrafts for international trade related reasons only will be considered.
BFC Bank will not operate banking services for Individual customers. We are a specialist bank supporting international trade and as such we will not offer businesses the following – cheque books, direct debits or long term loans for property or other reasons.
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