Ireland · Payments & e-money
Associated Foreign Exchange Ireland Limited
Associated Foreign Exchange Ireland Limited is a private limited company based in Dublin that trades as Corpay. The Central Bank of Ireland has authorised it as a payment institution under the European Union (Payment Services) Regulations 2018 since 23 December 2019, reference C188323. It belongs to Corpay, Inc. (NYSE: CPAY), whose predecessor FLEETCOR Technologies completed its acquisition of the AFEX group in June 2021. It provides cross-border payments, currency exchange, forward contracts and multi-currency accounts, mainly to businesses in Ireland and the EEA.
Licences and registrations
Held by Associated Foreign Exchange Ireland Limited (LEI 254900PMVMUC5G2DRM93). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterCentral Bank of IrelandLinked by LEI. Matched by Elucidate to GLEIF on name and country only. | Payment institutionPayment Institution | C188323 | Ireland | Active | 2019-12-23 | — |
|
Search the register ↗ |
Trading names on the register: Corpay (EBA-PSD2)
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- AFEEIE2DXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under AFEEIE2D directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · SCT Inst · VOP · TIPS
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2021-11-13
- Last updated
- 2024-08-31
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
Firm type
FX and business payments
Trades as Corpay
- Ownership
- The firm is one of the companies owned by Corpay, Inc. (NYSE: CPAY). Its immediate shareholder is not published in the sources reviewed.
- Ultimate owner
- Corpay, Inc., United States
- Head office
- Latin Hall, 3rd Floor, 8 Golden Lane, D08 E2X5 Dublin, Ireland
- Company register
- CRO 597582
Online
- Websites & references
- corpay.com ↗
corpay.com/en-IE/cross-border ↗ Irish country site of the Corpay cross-border business
cb.corpay.com ↗ Corpay Cross-Border legal information and regulatory disclosures - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · YouTube ↗
Sources · 9 pages consulted
- registers.centralbank.ie/FirmRegisterDataPage.aspx?firmReferenceNumber=C188323®ister=61
- assets.ctfassets.net/h83dujey17us/1vfC64BiIy0eEl9PrWHkxl/79d54cfa39b6d1a299f12fda4e5ee559/AFEIL_Terms_and_Cond
- cb.corpay.com/disclaimers/
- corpay.com/en-IE/compliance
- corpay.com/en-IE/cross-border
- assets.ctfassets.net/h83dujey17us/3igj0SGiB9ZkJmQoV9xWSs/b92822e6f04eb40d73dbb6a20bf7eb7a/Documento_Informativ
- businesswire.com/news/home/20210601006043/en/FLEETCOR-Completes-AFEX-Cross-Border-Acquisition
- investor.fleetcor.com/news-releases/news-release-details/fleetcorr-completes-afex-cross-border-acquisition
- centralbank.ie/news/article/warning-notice-central-bank-of-ireland-issues-warning-on-unauthorised-firm-a
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Central Bank of Ireland authorises the firm as a payment institution for money remittance, execution of credit transfers and issuing or acquiring of payment transactions. The Central Bank register shows the licence passported on a services basis to 29 other EEA states, with branches in Italy, Luxembourg, Portugal, Spain and Sweden.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Central Bank of Ireland Ireland | Payment Institution authorised under Regulation 18 of the European Union (Payment Services) Regulations 2018 | C188323 | In its own name | Active | registers.centralbank.ie ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsIts terms state that funds received for payment transactions are safeguarded under the Payment Services Regulations and would form an asset pool separate from its estate in an insolvency.
- Payment schemes and card networks
- Swift Direct
SEPA Credit Transfer Access not stated assets.ctfassets.net ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It offers cross-border payments, spot currency conversion, non-MiFID forward contracts and multi-currency accounts, and its sister firm AFEX Markets Europe Limited provides MiFID currency derivatives.
It serves customers in Ireland and across the EEA under its Irish payment institution licence, with branches in Italy, Luxembourg, Portugal, Spain and Sweden.
- Sells to
- Small businesses · Enterprises · Consumers
- Serves customers in 30 countries
- Ireland · Austria · Belgium · Bulgaria · Croatia · Cyprus · Czechia · Denmark · Estonia · Finland · France · Germany · Greece · Hungary · Iceland · Italy · Latvia · Liechtenstein · Lithuania · Luxembourg · Malta · Netherlands · Norway · Poland · Portugal · Romania · Slovakia · Slovenia · Spain · Sweden
Recent events
Researched 29 Sep 2026 · Sources
The research found no fines, investigations, security incidents, licence changes or corporate events from the last three years.
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Regulator warnings
Researched 29 Sep 2026 · Sources
-
Impersonation Central Bank of Ireland, Ireland
The Central Bank of Ireland warned that an unauthorised firm calling itself AFEX EU had cloned details of an authorised firm to deceive consumers.
centralbank.ie ↗
Entries on regulators’ consumer-warning lists that name the firm or its brand. An impersonation warning is about fraudsters posing as the firm, not about the firm itself.
Identifiers
Head-office record
- BIC
- AFEEIE2DXXX
- How the BIC breaks down
- AFEEBank
- IECountry · Ireland
- 2DLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 254900PMVMUC5G2DRM93
- LEI record
- View on GLEIF ↗
- Licence no. · EBA-PSD2
- C188323
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate to GLEIF on name and country only.
- Register-entry ID
- b8474fc2940e
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Register licences
- 1 entry on 1 register
- Activities
- Money remittance
- Payment services
- Card acquiring
- Licensed in
- Ireland
- Country · region
- Ireland · Europe & Central Asia
- Banking supervision
- Not on the ECB's list of supervised entities as of 2026-07-01
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- LATIN HALL FLOOR 3 GOLDEN LANE DUBLIN D08 PHE0 IRELAND
- Operational address
- LATIN HALL FLOOR 3 GOLDEN LANE DUBLIN DUBLIN D08 PHE0 IRELAND
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>AFEEIE2DXXX</BICFI>
<LEI>254900PMVMUC5G2DRM93</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>AFEEIE2DXXX</BICFI>
<LEI>254900PMVMUC5G2DRM93</LEI>
<Nm>ASSOCIATED FOREIGN EXCHANGE IRELAND LIMITED</Nm>
<PstlAdr>
<TwnNm>DUBLIN</TwnNm>
<Ctry>IE</Ctry>
<AdrLine>LATIN HALL FLOOR 3 GOLDEN LANE DUBLIN D08 PHE0</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2023-10-02 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2023-10-02 | Head office | — |
| Verification of Payee | 2025-10-09 | Head office | — |
| TIPS (TARGET Instant Payment Settlement)ISO 20022 messages | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. TIPS entries have no joining date.
An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of TIPS participants and reachable parties.
- EBA PSD2 Register—European Banking Authority (EBA) · register ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: corpay.com (official website) · original.
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