City Forex Limited

We are a foreign exchange business offering international payments, risk management and travel currency services for businesses and individuals across the United Kingdom and also in North America, across Europe and beyond. We transact approximately £500m of foreign exchange per annum. Our reputation is excellent - we enjoy strong relationships with the banking and wider financial community.

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NATIONWIDE CANS BUSINESS BANKING AMBITIONS

finextra | April 03, 2020

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Nationwide has halted plans to enter the business banking market and returned £50 million in RBS bail out money to the Banking Competition Remedies Board. Last May Nationwide was awarded a £50 million grant from the RBS bailout fund to help it move into business banking, matching its own £50 million commitment. The building society also picked 10x Future Technologies, the fintech start up founded by former Barclays boss Antony Jenkins, to help build the tech platform for the ne...

Read More

AUTOREK ANALYSIS OF THE FCA RESPONSE TO COVID-19

AutoRek | June 12, 2020

news image

In a recent response to COVID-19, the FCA have commented that firms in general have been able to respond well. There have been no significant erosions of client’s access to services and business continuity arrangements seem to be working as planned. Glitches have been worked through and it feels as though financial services firms are adapting to a new way of doing business. The FCA’s business plan published in May 2020 outlines areas of prioritisation over the next 1-3 years and the ...

Read More

NIUM PARTNERS WITH UNIFIMONEY TO EXPAND GLOBAL PAYMENT CAPABILITIES

Cision PR Newswire | October 21, 2020

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Global fintech infrastructure platform Nium and Unifimoney, a San Francisco-based neobank, have entered into a partnership that will enhance the outbound money transfer experience for Unifimoney users. The partnership will expand Unifimoney's capabilities, introducing convenient, secure, and real-time[2] global payment capabilities to customers of Unifimoney. While new technological advances and the continuing inefficiencies of traditional banks have given rise to dozens of neobanks, ...

Read More

PAYMENTS

SAT INTRODUCES NEW AND EFFECTIVE MEASURES TO COMBAT CAPITAL SECURITY ISSUES

SAT | December 30, 2021

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SAT creates an electronic cash system that meets the needs of daily life, is of justice and equity, and has a high degree of privacy. As in the digital age, when using fiat for online transactions, people rely more on third-party institutions for transaction confirmation. Perhaps the concept introduced by SAT is not the most novel, but it is the most practical one. Because they believe payment is the most frequent behavior in people's daily life, which is important for everyone's lives.<...

Read More
news image

NATIONWIDE CANS BUSINESS BANKING AMBITIONS

finextra | April 03, 2020

Nationwide has halted plans to enter the business banking market and returned £50 million in RBS bail out money to the Banking Competition Remedies Board. Last May Nationwide was awarded a £50 million grant from the RBS bailout fund to help it move into business banking, matching its own £50 million commitment. The building society also picked 10x Future Technologies, the fintech start up founded by former Barclays boss Antony Jenkins, to help build the tech platform for the ne...

Read More
news image

AUTOREK ANALYSIS OF THE FCA RESPONSE TO COVID-19

AutoRek | June 12, 2020

In a recent response to COVID-19, the FCA have commented that firms in general have been able to respond well. There have been no significant erosions of client’s access to services and business continuity arrangements seem to be working as planned. Glitches have been worked through and it feels as though financial services firms are adapting to a new way of doing business. The FCA’s business plan published in May 2020 outlines areas of prioritisation over the next 1-3 years and the ...

Read More
news image

NIUM PARTNERS WITH UNIFIMONEY TO EXPAND GLOBAL PAYMENT CAPABILITIES

Cision PR Newswire | October 21, 2020

Global fintech infrastructure platform Nium and Unifimoney, a San Francisco-based neobank, have entered into a partnership that will enhance the outbound money transfer experience for Unifimoney users. The partnership will expand Unifimoney's capabilities, introducing convenient, secure, and real-time[2] global payment capabilities to customers of Unifimoney. While new technological advances and the continuing inefficiencies of traditional banks have given rise to dozens of neobanks, ...

Read More
news image

PAYMENTS

SAT INTRODUCES NEW AND EFFECTIVE MEASURES TO COMBAT CAPITAL SECURITY ISSUES

SAT | December 30, 2021

SAT creates an electronic cash system that meets the needs of daily life, is of justice and equity, and has a high degree of privacy. As in the digital age, when using fiat for online transactions, people rely more on third-party institutions for transaction confirmation. Perhaps the concept introduced by SAT is not the most novel, but it is the most practical one. Because they believe payment is the most frequent behavior in people's daily life, which is important for everyone's lives.<...

Read More