After receiving authorisation from the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), BFC Bank has entered mobilisation and finalised its full service launch with the regulators.
We will be offering a specialised banking service for SMEs with a specific focus on international payments that will complement their existing banking arrangements. BFC Bank's products will comprise current account, term deposit, overdraft, short-term loans and payments. We are offering an online service that is backed up by high-quality relationship management and an expert payments team. BFC Bank is part of BFC Group which has operated a global Money Remittance and Foreign Currency operation for many years though its offices in Asia, Middle East and the UK.
We are well placed to understand the challenges and requirements when sending International Payments and of those who trade overseas.
Based on its ethos of fairness and transparency, 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. Its suite of products is designed to simplify how overseas payments and foreign exchange are managed, and to complement existing banking arrangements.
For further information about BFC Bank’s dedicated services for SMEs, or to register an interest in becoming a customer, please visit: www.bfcbank.co.uk