Italy · Payments & e-money
Maccorp Financial Services Srl
Legal name in the LEI recordMACCORP FINANCIAL SERVICES S.R.L.
Maccorp Financial Services S.r.l. is a limited liability company based in Milan. The Bank of Italy authorises it as a payment institution, and it is entered in the register under Article 114-septies of the Consolidated Banking Act with code 36072.7. Maccorp Italiana S.r.l., which runs the Forexchange bureaux de change, owns 100% of the firm. Maccorp Italiana states that it is subject to the direction and coordination of The Western Union Company. The firm runs a network of ATMs at tourist sites, railway stations and airports in Italy, where it acts as the acquirer for card cash withdrawals. The group says it also offers dynamic currency conversion at these ATMs.
Licences and registrations
Held by Maccorp Financial Services Srl (LEI 81560043A6898FBEBB40). 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 RegisterBank of Italy | Payment institutionPayment Institution | 07677860962 | Italy | Active | 2018-01-14 | — |
|
Search the register ↗ |
- 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.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
100% Maccorp Italiana S.r.l.
Firm type
Merchant acquiring and processing
- Standing
- On 24 February 2023 the board resolved to give up its authorisation for payment accounts and debit cards. It kept only its authorisation for ATM acquiring. The EBA register still shows payment services and card acquiring as its activities.
- Ownership
- Maccorp Italiana S.r.l. owns 100% of the firm and is itself subject to the direction and coordination of The Western Union Company.
- Direct parent
- Maccorp Italiana S.r.l. ↗, Italy 100%
- Ultimate owner
- The Western Union Company, United States
- Head office
- Via Fatebenefratelli 5, 20121 Milano, Italy
- Company register
- Registro delle Imprese di Milano, codice fiscale 07677860962
Online
- Websites & references
- forexchange.it ↗
forexchange.com ↗ English-language site of the parent's Forexchange brand - Official social accounts
- LinkedIn ↗ · Facebook ↗ · Instagram ↗
Sources · 9 pages consulted
- forexchange.it/maccorp-financial-services
- forexchange.it/wp-content/uploads/2023/09/modello-di-organizzazione-gestione-e-controllo-maccorp-financi
- forexchange.it/wp-content/uploads/2026/06/mfs-relazione-reclami-2025.pdf
- mediobancapremier.com/wcm/connect/public/1e069b26-7482-49e8-9787-970440f22ea5/Foglio-informativo-Forexchange.pd
- forexchange.com/about-us
- forexchange.it/trasparenza
- forexchange.it/atm-forexchange-2
- forexchange.it/atm-nella-tua-attivita
- westernunion.com/it/it/forexchange.html
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Bank of Italy authorises the firm as a payment institution. Since 2023 the authorisation covers ATM acquiring only. The firm describes itself as an acquirer and associate member of the Visa and Mastercard schemes.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Bank of Italy Italy | Istituto di pagamento (Albo ex art. 114-septies TUB) | 36072.7 | In its own name | Active | forexchange.it ↗ |
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
- Payment schemes and card networks
- Visa Access not stated forexchange.it ↗
Mastercard Access not stated forexchange.it ↗
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 installs and operates ATMs in Italian tourist centres, railway stations and airports, acquiring card cash withdrawals. Retailers who host its machines receive a share of the revenue.
It runs its ATM network in Italy under its Bank of Italy authorisation.
- Sells to
- Consumers · Small businesses
- Serves customers in
- Italy
Recent events
Researched 29 Sep 2026 · Sources
-
Licence
The board resolved to give up the firm's authorisation for payment accounts and debit cards and keep only ATM acquiring.
forexchange.it ↗
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
- Licence no. · EBA-PSD2
- 07677860962
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Matched by Elucidate to GLEIF on name, country and address
- Elucidate firm ID
- a9e5b376ddc1
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.
- Main licence class
- Payment Institution
- Activities
- Payment services
- Card acquiring
- Licensed in
- Italy · Europe & Central Asia
- First registered
- 2018-01-14
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
- Direct parent
- Maccorp Italiana S.R.L. · Italy815600512541284E6012 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- VIA FATEBENEFRATELLI 5, MILANO, 20121
- Country
- Italy
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address, with its LEI
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in one address line
<FinInstnId>
<LEI>81560043A6898FBEBB40</LEI>
<Nm>MACCORP FINANCIAL SERVICES SRL</Nm>
<PstlAdr>
<PstCd>20121</PstCd>
<TwnNm>MILANO</TwnNm>
<Ctry>IT</Ctry>
<AdrLine>VIA FATEBENEFRATELLI 5</AdrLine>
</PstlAdr>
</FinInstnId>CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
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 →Register for this page
- EBA PSD2 Register—European Banking Authority (EBA) · source ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- 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.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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