United Kingdom · Payments & e-money
Ifx UK LTD
Legal name in the LEI recordIFX (UK) LTD
IFX (UK) Ltd is a private limited company registered in England and Wales and based in London. It trades as IFX Payments. The FCA authorises it as an electronic money institution under the Electronic Money Regulations 2011 (FRN 900517). The Dubai Financial Services Authority (DFSA) authorises it to run a representative office in the Dubai International Financial Centre (DIFC). According to its accounts, AML Global (HK) Limited acquired 100% of the firm on 31 December 2021, and Christopher Harborne is the ultimate controlling party. The firm sells multi-currency accounts with virtual IBANs, mass payments and spot and forward foreign exchange through its ibanq platform. Its customers are corporates, fintechs and financial institutions, and it also offers foreign exchange to individuals. In 2025 it agreed to acquire Argentex Group PLC, but the offer lapsed in August 2025 after Argentex entered administration.
Licences and registrations
Held by Ifx (UK) LTD (LEI 213800M96F4KL2BXKH87). 3 entries on 3 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| FCA Financial Services Register - E-Money InstitutionsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised E-Money InstitutionE-Money / Stored Value Institution | 900517 | United Kingdom | Active | 2018-05-31 | — |
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| FCA Financial Services Register - Payment Institutions & RAISPsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised Payment InstitutionPayment Institution | 504007 | United Kingdom | Cancelled - Authorised PI (Former) | — | Ended 2015-11-16 |
|
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| Money Services Business RegistryFINTRACLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Foreign MSB (FMSB)Currency Exchange | M23400543 | Canada | Expired | 2023-07-26 | Ended 2026-04-30 |
|
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Licences and registrations listed here were granted in Canada. This BIC is registered in the United Kingdom.
Trading names on the register: International Foreign Exchange (FCA-EMI, FCA-PSD), IFX Payments (FCA-EMI, FCA-PSD, FINTRAC-MSB)
- 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
- IFXSGB2LXXX 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 IFXSGB2L directly.
- Swift GPI
- Member, not yet live
- Payment schemes and systems
- SCT
- Branch codes
- 1 branch code
- Other BIC with this LEI
- IFXSGB3L
- BIC first registered
- 2013-06-15
- Last updated
- 2026-05-11
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Privately held
100% AML Global (HK) Limited
Firm type
FX and business payments
Trades as IFX Payments
- Standing
- The firm moved its registered office from 33 Cavendish Square to The Carter, 11 Pilgrim Street, London, on 30 April 2026. According to the FINTRAC register, its Canadian foreign money services business registration expired on 30 April 2026.
- Ownership
- According to the firm's accounts for the period ended 31 December 2024, AML Global (HK) Limited has held 100% of the shares since 31 December 2021, and Christopher Harborne is the ultimate controlling party.
- Direct parent
- AML Global (HK) Limited, Hong Kong SAR China 100%
- Ultimate owner
- Christopher Harborne
- Head office
- The Carter, 11 Pilgrim Street, EC4V 6RN London, United Kingdom
- Company register
- Companies House 05422718
- Incorporated
- 12 Apr 2005
- Founders
- Nick Williams · Tom Greenwood
Online
- Websites & references
- ifxpayments.com ↗
ibanq.com ↗ ibanq client platform (sign-in), linked from the website header - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗
Sources · 16 pages consulted
- ifxpayments.com/
- ifxpayments.com/regulatory-information/
- ifxpayments.com/regulatory/
- ifxpayments.com/safeguarding/
- ifxpayments.com/about-us/
- find-and-update.company-information.service.gov.uk/company/05422718/officers
- find-and-update.company-information.service.gov.uk/company/05422718/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/05422718/filing-history
- find-and-update.company-information.service.gov.uk/company/05422718/filing-history/MzQ4MzYwNjgwMWFkaXF6a2N4/document?format=pdf&download=0
- ifxpayments.com/resources/ifx-payments-growth-leadership-appointments-platform-evolution-and-new-london-h
- ifxpayments.com/resources/acquisition-of-dfsa-category-3c-licence/
- ifxpayments.com/resources/ifx-payments-promote-will-marwick-to-ceo/
- investegate.co.uk/announcement/rns/argentex-group--agfx/termination-of-recommended-cash-acquisition-by-ifx/
- investegate.co.uk/announcement/rns/argentex-group--agfx/statement-re-recommended-acquisition-of-argentex-/8
- fintechmagazine.com/interviews/tom-greenwood
- casinolifemagazine.com/article/ifx-payments-global-payments-sector
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an electronic money institution under the Electronic Money Regulations 2011 (FRN 900517) to issue e-money and provide payment services. The DFSA authorises it to run a representative office in the DIFC (FRN F001814). The DFSA-licensed payment business in the DIFC belongs to a separate subsidiary, IFX Payments (DIFC) Limited (FRN F009827).
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority (FCA) United Kingdom | Authorised Electronic Money Institution | 900517 | In its own name | Active | ifxpayments.com ↗ |
| Dubai Financial Services Authority (DFSA) United Arab Emirates | Representative Office in the DIFC | F001814 | In its own name | Active | ifxpayments.com ↗ |
| Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) Canada | Foreign Money Services Business (FMSB) | M23400543 | In its own name | Withdrawn or expired | ifxpayments.com ↗ |
| Financial Conduct Authority (FCA) United Kingdom | Authorised Payment Institution | 504007 | In its own name | Withdrawn or expired | — |
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 accountsThe firm states that it keeps client money in segregated safeguarding accounts at authorised credit institutions or invests it in secure, liquid, low-risk assets approved by the FCA. It states that it may also protect some client funds with an insurance policy or comparable guarantee.
- Payment schemes and card networks
- Swift Direct
Faster Payments Access not stated casinolifemagazine.com ↗
SEPA Credit Transfer Access not stated casinolifemagazine.com ↗
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
According to its website, its accounts hold funds in more than 40 currencies and its mass payments reach more than 60 currencies. It also offers spot and forward FX contracts through a telephone brokerage desk and serves businesses in specialist-risk sectors.
The firm serves clients from the UK under its FCA authorisation. It states that it provides services to clients based outside the UK, UAE or Canada only when they approach it.
- Revenue
- GBP 40.6m
- Sells to
- Small businesses · Enterprises · Platforms and marketplaces · Financial institutions · Consumers
- Serves customers in
- United Kingdom
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Will Marwick
Chief Executive Officer
- Chief financial officer
-
Steve Allen
Chief Financial Officer
- Compliance / MLRO
-
Sara Cass
Chief Risk & Compliance Officer
- Compliance / MLRO
-
Orna Boland
Director of Anti-Financial Crime and UK MLRO
- Executive
-
Anastasia Evans
Chief Operating Officer and Company Secretary
- Executive
- James Eyton Non-Executive Director
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
The firm appointed James Eyton as a director on 28 July 2026. Camilla Richardson resigned as a director on 6 July 2026.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
The firm named Adam Dowling Chief Commercial Officer and Anastasia Evans Chief Operating Officer, and moved its London office to 11 Pilgrim Street.
ifxpayments.com ↗ -
Funding
The firm allotted new shares on 23 September 2025. Its accounts state that it raised GBP 40 million in capital from its parent after 31 December 2024.
find-and-update.company-information.service.gov.uk ↗ -
Merger / acquisition
The firm's recommended cash offer for Argentex Group PLC lapsed after Argentex entered administration, with the consent of the Takeover Panel.
investegate.co.uk ↗ -
Merger / acquisition
The firm announced a conditional acquisition of Argentex Group PLC and provided it with secured bridge and revolving credit facilities totalling GBP 34 million.
find-and-update.company-information.service.gov.uk ↗ -
Licence
The DFSA granted a Category 3C licence to the firm's DIFC subsidiary, allowing it to offer money and custody services in the UAE.
ifxpayments.com ↗ -
Leadership
Co-founder Nicholas Williams resigned as a director of the firm on 28 January 2025.
find-and-update.company-information.service.gov.uk ↗
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.
Identifiers
Head-office record
- BIC
- IFXSGB2LXXX
- How the BIC breaks down
- IFXSBank
- GBCountry · United Kingdom
- 2LLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 213800M96F4KL2BXKH87
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-EMI
- 900517
- Licence no. · FCA-PSD
- 504007
- Licence no. · FINTRAC-MSB
- M23400543
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entries: Matched by Elucidate on the UK company number the register gives.Register entry: Matched by Elucidate to GLEIF on name, country and address.
- Register-entry IDs
- c97a52a2c572 · 43ed1648eba5
Profile
- Type
- Payments & e-money · Money service businessPayment 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
- 3 entries on 3 registers
- Activities
- Payment services
- E-money / stored value
- Currency exchange
- Licensed in
- United Kingdom
- Country · region
- United Kingdom · Europe & Central Asia
- 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
- THE CARTER 11 PILGRIM STREET LONDON EC4V 6RN UNITED KINGDOM
- Operational address
- THE CARTER 11 PILGRIM STREET LONDON LONDON EC4V 6RN UNITED KINGDOM
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>IFXSGB2LXXX</BICFI>
<LEI>213800M96F4KL2BXKH87</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>IFXSGB2LXXX</BICFI>
<LEI>213800M96F4KL2BXKH87</LEI>
<Nm>IFX UK LTD</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>THE CARTER 11 PILGRIM STREET LONDON EC4V 6RN</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 | 2023-02-07 | Head office | — |
SEPA dates are when the institution became ready for the scheme.
An institution missing from T2 may still be reachable through an indirect participant.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
Network
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| IFXSGB2LEUR | — | London | 33 CAVENDISH SQUARE LONDON LONDON W1G 0PW UNITED KINGDOM | 213800M96F4KL2BXKH87 | 2026-05-11 |
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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.
- FCA Financial Services Register - E-Money Institutions—Financial Conduct Authority (FCA) · register ↗ as at 25 September 2026
- FCA Financial Services Register - Payment Institutions & RAISPs—Financial Conduct Authority (FCA) · register ↗ as at 25 September 2026
- Money Services Business Registry—Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) · 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: ifxpayments.com (official website) · original; Will Marwick: ifxpayments.com (official website) · original; Steve Allen: ifxpayments.com (official website) · original; Sara Cass: ifxpayments.com (official website) · original; Orna Boland: ifxpayments.com (official website) · original; Anastasia Evans: ifxpayments.com (official website) · original.
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