---
title: "Stonex Payment Services Ltd. SWIFT/BIC code IGLUUS66XXX · United States | Elucidate"
description: "Registered for AML supervision in the United States: (FinCEN). SWIFT/BIC code IGLUUS66XXX for Stonex Payment Services Ltd., United States. 1 branch BIC."
url: https://elucidate.co/directory/stonex-payment-services-ltd-igluus66
---

1.  [Directory](https://elucidate.co/directory)
2.  [United States](https://elucidate.co/directory/country/us)
3.  Stonex Payment Services Ltd.

United States · Money service business

# Stonex Payment Services Ltd.

StoneX Payment Services Ltd. is a Washington corporation with its head office in Miami, Florida. US state regulators license it as a money transmitter under NMLS ID 1394445, and FINTRAC registers it as a foreign money services business. It is a wholly owned subsidiary of StoneX Group Inc. and provides cross-border payments, spot foreign exchange and forward contracts to businesses under the StoneX Payments brand. It was formerly named EncoreFX Ltd. and changed its name in 2021.

Register status

Registered for AML supervision in the United States

FinCEN

AML registration only

[2 licences and registrations ↓](https://elucidate.co/directory/stonex-payment-services-ltd-igluus66#licences)

BIC **IGLUUS66XXX** LEI **[5493008RP59ZQ3UQ1882](https://search.gleif.org/#/record/5493008RP59ZQ3UQ1882)** [Licence no. **Not published by the register**](https://elucidate.co/directory/stonex-payment-services-ltd-igluus66#licences) Connected to Swift [**1** branch code](https://elucidate.co/directory/stonex-payment-services-ltd-igluus66#branches) [Group: Stonex Group Inc.](https://elucidate.co/directory/group/549300JUF07L8VF02M60) [Claim this profile](https://elucidate.co/directory/stonex-payment-services-ltd-igluus66#claim)

## Licences and registrations

Held by Stonex Payment Services Ltd. (LEI 5493008RP59ZQ3UQ1882). 2 entries on 2 of the 22 tracked registers, retrieved 25 September 2026.

| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [MSB Registrant Search](https://elucidate.co/directory/register/fincen-msb) FinCEN Linked by LEI. Matched by Elucidate to GLEIF on name, country and address. | —Money Transmitter / Remittance | Not published by the register | [United States](https://elucidate.co/directory/country/us) | Active | 2025-12-30 | — | - Money remittance - Currency exchange | [Search the register ↗](https://www.fincen.gov/msb-registrant-search) |
| [Money Services Business Registry](https://elucidate.co/directory/register/fintrac-msb) FINTRAC Linked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Foreign MSB (FMSB)Money Transmitter / Remittance | M22868358 | [Canada](https://elucidate.co/directory/country/ca) | Active | 2022-06-08 | Renews 2026-10-31 | - Money remittance - Currency exchange | [Search the register ↗](https://fintrac-canafe.canada.ca/msb-esm/msb-eng) |

Licences and registrations listed here were granted in Canada. This BIC is registered in the United States.

-   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:** IGLUUS66XXX head office
- **Connection to Swift:** Connected to Swift
- **Swift GPI:** Not on the member list
- **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- **Branch codes:** [1 branch code](https://elucidate.co/directory/stonex-payment-services-ltd-igluus66#branches)
- **BIC first registered:** 2021-03-20
- **Last updated:** 2024-02-28

## Overview

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/stonex-payment-services-ltd-igluus66#overview-sources)

Customers

Not published

Employees

Not published

Ownership

Group subsidiary

100% StoneX Group Inc.

Firm type

FX and business payments

Trades as StoneX Payments

- **Standing:** The firm was formerly named EncoreFX Ltd. Its Florida foreign-corporation record shows a name change amendment filed on 8 March 2021.
- **Ownership:** StoneX Group Inc., which is listed on Nasdaq, owns 100% of the firm.
- **Direct parent:** [StoneX Group Inc. ↗](https://search.gleif.org/#/record/549300JUF07L8VF02M60), United States 100%
- **Head office:** 333 SE 2nd Avenue, Suite 2100, 33131 Miami, United States (registered office: c/o Corporate Creations Network Inc., 707 W. Main Avenue, #B1, Spokane, WA 99201, United States)
- **Company register:** Washington UBI 603 514 004
- **Former name:** EncoreFX Ltd.

### Online

- **Websites & references:** [stonex.com ↗](https://www.stonex.com/) [gpconnect.stonex.com ↗](https://gpconnect.stonex.com/) StoneX Payments client login platform [Wikipedia ↗](https://en.wikipedia.org/wiki/StoneX_Group_Inc.) group article
- **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/stonex-group-inc) · [X ↗](https://twitter.com/StoneX_Official) · [Instagram ↗](https://www.instagram.com/Official_StoneX/) · [YouTube ↗](https://www.youtube.com/channel/UC5a8rKMaVmaViwJvmCMl-1Q)

Sources · 8 pages consulted

1.  [stonex.com/stonex-payment-services-ltd-sps-licenses/](https://www.stonex.com/stonex-payment-services-ltd-sps-licenses/)
2.  [stonex.com/en/business/payments/](https://www.stonex.com/en/business/payments/)
3.  [filesandimages.com/Brand/StoneX/PDF/SPS\_US\_Terms\_of\_Business\_Form.pdf](https://www.filesandimages.com/Brand/StoneX/PDF/SPS_US_Terms_of_Business_Form.pdf)
4.  [search.sunbiz.org/Inquiry/corporationsearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial](https://search.sunbiz.org/Inquiry/corporationsearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=ENCOREFX+F190000000680&aggregateId=forp-f19000000068-215baddb-411a-4597-99fe-70d4d9f45f45&searchTerm=ENCORE+FORWARDING,+INC.&listNameOrder=ENCOREFORWARDING+F950000052650)
5.  [dfpi.ca.gov/regulated\_entity/stonex-payment-services-ltd/](https://dfpi.ca.gov/regulated_entity/stonex-payment-services-ltd/)
6.  [stonex.com/en/about/our-leadership/philip-smith/](https://www.stonex.com/en/about/our-leadership/philip-smith/)
7.  [ir.stonex.com/node/22166/html](https://ir.stonex.com/node/22166/html)
8.  [en.wikipedia.org/wiki/StoneX\_Group\_Inc.](https://en.wikipedia.org/wiki/StoneX_Group_Inc.)

## Authorisation

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/stonex-payment-services-ltd-igluus66#overview-sources)

- **Operates under:** Its own licences

US state regulators license the firm as a money transmitter under NMLS ID 1394445, and FinCEN registers it as a money services business. FINTRAC registers it as a foreign money services business, and Revenu Québec licenses it as a money services business.

| Authority | Licence or registration | Number | Held | Status | Source |
| --- | --- | --- | --- | --- | --- |
| US state regulators (NMLS) United States | Money transmitter licences in 40 states and the District of Columbia | 1394445 | In its own name | Active | [stonex.com ↗](https://www.stonex.com/stonex-payment-services-ltd-sps-licenses/) |
| Financial Crimes Enforcement Network (FinCEN) United States | Money Services Business registration (money transmitter, currency exchange) | 31000289656386 | In its own name | Active | [stonex.com ↗](https://www.stonex.com/stonex-payment-services-ltd-sps-licenses/) |
| Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) Canada | Foreign Money Services Business registration | M22868358 | In its own name | Active | [stonex.com ↗](https://www.stonex.com/stonex-payment-services-ltd-sps-licenses/) |
| Revenu Québec Canada | Money services business licence | 15540 | In its own name | Active | [stonex.com ↗](https://www.stonex.com/stonex-payment-services-ltd-sps-licenses/) |

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](https://elucidate.co/directory/stonex-payment-services-ltd-igluus66#overview-sources)

- **Safeguarding:** Not disclosedThe firm's US terms of business do not say how customer funds are held. They state only that no interest is paid on funds the firm holds for customers. [filesandimages.com ↗](https://www.filesandimages.com/Brand/StoneX/PDF/SPS_US_Terms_of_Business_Form.pdf)
- **Payment schemes and card networks:** Swift Direct

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](https://elucidate.co/directory/stonex-payment-services-ltd-igluus66#overview-sources)

-   International money transfer
-   FX conversion
-   FX hedging
-   Payouts and mass payments

Its US terms cover global payments, spot foreign exchange and foreign exchange forward contracts for business customers. StoneX Payments says it pays out in more than 140 currencies to over 180 countries.

It serves US customers under its state money transmitter licences and Canadian customers under its FINTRAC and Revenu Québec registrations.

- **Sells to:** Enterprises · Financial institutions · Public sector · Other
- **Serves customers in 2 countries:** United States · Canada

## Leadership

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/stonex-payment-services-ltd-igluus66#overview-sources)

- **Chief executive:** Philip Smith Director, President, CEO Confirmed 29 Sep 2026 · [search.sunbiz.org ↗](https://search.sunbiz.org/Inquiry/corporationsearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=ENCOREFX+F190000000680&aggregateId=forp-f19000000068-215baddb-411a-4597-99fe-70d4d9f45f45&searchTerm=ENCORE+FORWARDING,+INC.&listNameOrder=ENCOREFORWARDING+F950000052650)
- **Chief financial officer:** William Dunaway Director and Chief Financial and Risk Officer Confirmed 29 Sep 2026 · [search.sunbiz.org ↗](https://search.sunbiz.org/Inquiry/corporationsearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=ENCOREFX+F190000000680&aggregateId=forp-f19000000068-215baddb-411a-4597-99fe-70d4d9f45f45&searchTerm=ENCORE+FORWARDING,+INC.&listNameOrder=ENCOREFORWARDING+F950000052650)
- **Compliance / MLRO:** Chelsea Undersander CCO Confirmed 29 Sep 2026 · [search.sunbiz.org ↗](https://search.sunbiz.org/Inquiry/corporationsearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=ENCOREFX+F190000000680&aggregateId=forp-f19000000068-215baddb-411a-4597-99fe-70d4d9f45f45&searchTerm=ENCORE+FORWARDING,+INC.&listNameOrder=ENCOREFORWARDING+F950000052650)

## Recent events

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/stonex-payment-services-ltd-igluus66#overview-sources)

1.  Dec 2025

    Licence

    FinCEN recorded a money services business registration for the firm dated 30 December 2025.

    [stonex.com ↗](https://www.stonex.com/stonex-payment-services-ltd-sps-licenses/)

2.  Dec 2024

    Leadership

    StoneX Group Inc. appointed Philip Smith, the firm's chief executive, as Group Chief Executive Officer.

    [stonex.com ↗](https://www.stonex.com/en/about/our-leadership/philip-smith/)

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:** IGLUUS66XXX
- **How the BIC breaks down:** 1. IGLU Bank 2. US Country · United States 3. 66 Location 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 5493008RP59ZQ3UQ1882
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/5493008RP59ZQ3UQ1882)
- **Licence no. · FINTRAC-MSB:** M22868358
- **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 to GLEIF on name, country and address.
- **Register-entry IDs:** b289bdab3760 · 824183be6385

## Profile

- **Type:** Money service business
- **Regulation:** AML registration only
- **Register licences:** [2 entries on 2 registers](https://elucidate.co/directory/stonex-payment-services-ltd-igluus66#licences)
- **Activities:** - Money remittance - Currency exchange
- **Licensed in:** [United States](https://elucidate.co/directory/country/us) · [Canada](https://elucidate.co/directory/country/ca)
- **Website (register):** [payments.stonex.com ↗](https://payments.stonex.com/)
- **Country · region:** United States · North America
- **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

- **Direct parent:** Stonex Group Inc. · United States[549300JUF07L8VF02M60 ↗](https://search.gleif.org/#/record/549300JUF07L8VF02M60)

The Stonex Group Inc. group has 7 institutions in the directory, in 5 countries: all hold a BIC.

Including [Stonex Financial Pte. Ltd.](https://elucidate.co/directory/stonex-financial-pte-ltd-iglusgsg), [Stonex Financial Inc.](https://elucidate.co/directory/stonex-financial-inc-itffus33), [Intl Fcstone Dtvm Ltda.](https://elucidate.co/directory/intl-fcstone-dtvm-ltda-itfdbrsp), [R.J. O'brien and Associates](https://elucidate.co/directory/r-j-o-brien-and-associates-obrius41), [Stonex Europe LTD](https://elucidate.co/directory/stonex-europe-ltd-sxfecy2n).

[See the Stonex Group Inc. group →](https://elucidate.co/directory/group/549300JUF07L8VF02M60)

Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.

## Addresses

- **Registered address:** 333 SE 2ND AVENUE SUITE 2100 MIAMI,FL 33131 UNITED STATES OF AMERICA
- **Operational address:** 333 SE 2ND AVENUE SUITE 2100 MIAMI,FL MIAMI,FL 33131 UNITED STATES OF AMERICA

## 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

```xml
<FinInstnId>
  <BICFI>IGLUUS66XXX</BICFI>
  <LEI>5493008RP59ZQ3UQ1882</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

```xml
<FinInstnId>
  <BICFI>IGLUUS66XXX</BICFI>
  <LEI>5493008RP59ZQ3UQ1882</LEI>
  <Nm>STONEX PAYMENT SERVICES LTD.</Nm>
  <PstlAdr>
    <TwnNm>MIAMI</TwnNm>
    <Ctry>US</Ctry>
    <AdrLine>333 SE 2ND AVENUE SUITE 2100 MIAMI, FL 33131</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.

## Network

### Branch codes

| BIC | Branch | City | Address | LEI | Updated |
| --- | --- | --- | --- | --- | --- |
| [IGLUUS66BSP](https://elucidate.co/directory/stonex-payment-services-ltd-igluus66-bsp) | — | Miami | 333 SE 2ND AVENUE SUITE 2100 MIAMI,FL MIAMI,FL 33131 UNITED STATES OF AMERICA | — | 2024-04-10 |

[See every BIC in United States →](https://elucidate.co/directory/country/us#bics)

## Related institutions

### Same group

-   [Stonex Financial Inc. BIC ITFFUS33 Financial institution Not on a tracked register United States · Not on a tracked register · LEI 549300LNKU6K5TJCRG93](https://elucidate.co/directory/stonex-financial-inc-itffus33)
-   [R.J. O'brien and Associates BIC OBRIUS41 Financial institution Not on a tracked register United States · Not on a tracked register · LEI WOPZ3KWZW5JSJMG3U094](https://elucidate.co/directory/r-j-o-brien-and-associates-obrius41)
-   [Stonex Financial Pte. Ltd. BIC IGLUSGSG Payments & e-money Prudential licence Singapore · Licensed by Monetary Authority of Singapore (MAS) (MAS-MPI) · LEI 984500C5005644B14P13](https://elucidate.co/directory/stonex-financial-pte-ltd-iglusgsg)
-   [Intl Fcstone Dtvm Ltda. BIC ITFDBRSP Financial institution Not on a tracked register Brazil · Not on a tracked register · LEI 549300LXTX6SNEHTF533](https://elucidate.co/directory/intl-fcstone-dtvm-ltda-itfdbrsp)
-   [Stonex Europe LTD BIC SXFECY2N Financial institution Not on a tracked register Cyprus · Not on a tracked register · LEI 5493000TJZHQRMOTYW79](https://elucidate.co/directory/stonex-europe-ltd-sxfecy2n)
-   [Stonex Financial Europe GMBH, Luxembourg Branch BIC SXFELULL Financial institution Not on a tracked register Luxembourg · Not on a tracked register · LEI 5493009FOGEUTR4HFR55](https://elucidate.co/directory/stonex-financial-europe-gmbh-luxembourg-branch-sxfelull)

[All 7 institutions in the Stonex Group Inc. group →](https://elucidate.co/directory/group/549300JUF07L8VF02M60)

### Other money service businesses in the United States

-   [Envios Express Inc No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/envios-express-inc-c0823b914930)
-   [EL Mercadito LLC · trading as EL MERCADITO MINOT, El Mercadito No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/el-mercadito-llc-ca792f233581)
-   [LA Michoacana LLC · trading as La MIchoacana, DBA LA MICHOACANA MUSICA Y VIDEO No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/la-michoacana-llc-aefa6462674e)
-   [Tienda El Quetzal LLC · trading as Mercado Chihuahua, Tienda El Quetzal No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/tienda-el-quetzal-llc-6ced94619b56)
-   [Tienda La Bendicion LLC · trading as TIENDA LA BENDICION, LA BENDICION BAKERY No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/tienda-la-bendicion-llc-c35469140f19)
-   [Umb Bank N.A BIC UMKCUS44 Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · LEI VNOO6EITDJ2YUEBMSZ83](https://elucidate.co/directory/umb-bank-n-a-umkcus44)
-   [Guatemex LLC · trading as GUATEMEX 1 No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/guatemex-llc-810a5ad10a10)
-   [LA Azteca LLC · trading as La Azteca Mexican Grocery No BIC Money service business AML registration only United States · Registered with FinCEN (FINCEN-MSB) · No LEI mapped](https://elucidate.co/directory/la-azteca-llc-b844c35143c3)

[See all →](https://elucidate.co/directory/search?type=msb&cc=US)

Claim this profile

## Work at Stonex Payment Services Ltd.?

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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 →](https://elucidate.co/directory/methodology)

Credits for this page

-   **MSB Registrant Search**—Financial Crimes Enforcement Network (FinCEN) · [register ↗](https://www.fincen.gov/msb-registrant-search) as at 24 September 2026
-   **Money Services Business Registry**—Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) · [register ↗](https://fintrac-canafe.canada.ca/msb-esm/msb-eng) 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 BIC

A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.

[Book a demo](https://elucidate.co/demo-request)

Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.