Providers · Business & Personal accounts

IFX Payments

IFX Payments

2 plans in our database · licensed as EMI, FMSB

Data last verified: 21 August 2026

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Independent data. Every figure below comes from IFX Payments's published pricing, checked by hand - never from a sales deal. Missing fees show as “n/a” and are never counted as free. Methodology · Spotted an error? Tell us

Plans & fees

PlanTypeMonthly feeSetupFX feeSWIFT out
Business AccountbusinessBespoke-n/an/a
Personal AccountpersonalBespoke-n/an/a

* Some FX rates are “from” or “up to”. ⚠ “from” = starting price (variable pricing) - the final fee depends on your profile. “Bespoke” = custom pricing on request. Compare across providers on the fee tables.

What you get

Multi-currency

Hold up to 43 currencies.

Legal forms

Accepts: Charity / non-profit · Limited company (form not specified) · Unregistered business (sole trader / partnership).

Regulation

Regulated or registered in United Kingdom, United Arab Emirates, Canada.

Regulators: Financial Conduct Authority (FCA) · Dubai Financial Services Authority (DFSA) · Financial Transactions and Reports Analysis Centre (FINTRAC)

In the fine print

Conditions from IFX Payments's own terms, pricing pages and acceptable-use policy that don't fit in a table. Read in full and checked by hand.

Pricing

  • There is no published fee schedule: FX pricing is decided case by case on the type of client, the location, the business sector and how long the relationship has lasted, unless a schedule has been agreed in advance with an account executive.
  • IFX doesn't publish pricing: its website only offers a contact/enquiry form, with no fee table.

Limits

  • On exotic currencies the money has to be in place before the order is executed: below GBP 500,000 it must sit in your own wallet, at GBP 500,000 or above it must have been transferred to IFX itself.

Crypto

  • Business onlyFor clients that are themselves financial institutions or intermediaries, an addendum in IFX's terms lists 'Cryptoassets' among its 'Prohibited Sectors'; the general business terms otherwise don't address crypto.

Business activity

  • Business onlyBusiness clients that are themselves financial institutions or intermediaries (offering investment, lending, or the management or processing of money and assets for third parties) fall under a dedicated addendum: they must be regulated in their own right and may not serve their own end-clients operating in IFX's 'Prohibited Sectors'.

Sanctions

  • IFX doesn't publish a fixed list of prohibited countries for payments; instead its terms screen against UN, EU, US and UK sanctions lists dynamically (via its 'Restricted Party' and 'Sanctioned Territory' definitions).

Company ownership

  • IFX (UK) Ltd, the group's UK arm, holds the FCA e-money licence (FRN 900517) and is separately registered as a DFSA representative office and as a money-services business with FINTRAC in Canada.
  • A separate entity, IFX Payments (DIFC) Limited, holds full DFSA authorisation (a Category 3C licence, since 2025) to operate payment accounts within Dubai's DIFC.

Will IFX Payments actually accept you?

Acceptance depends on where your company is registered, where its owners live, where your money flows - and your sector. The wizard checks IFX Payments's published rules on all of them, and shows you the alternatives too.

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