IFX Payments
IFX Payments: industries it takes by its own published rules: iGaming, with conditions; Forex and CFD, with conditions. Depends on the activity: Crypto. Last verified October 17, 2026.
- IFX (UK) Ltd (trading as IFX Payments) · electronic money institution authorised by the FCA (FRN 900517) · IFX Payments (DIFC) Limited · authorised by the Dubai Financial Services Authority (F009827)
- FCA ·
Where it takes companies from
- United Kingdom
- EU / EEA (western & northern, plus Spain, Italy, Portugal)
- EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
- Switzerland / Liechtenstein
- United Arab Emirates
- United States
- Developed Asia-Pacific
- CIS / Central Asia / Caucasus
- Latin America
- Middle East & North Africa
- Africa
- Jersey, Guernsey, Isle of Man, Gibraltar
- Other offshore centres
- Other
The regions its own documents name, read on October 16, 2026
Products it publishes
International payments and FXSays it offers this
Company cardsSays it does not offer this
IFX does not provide banking services like cards, current accounts, or loans.
Bulk payoutsSays it offers this
Pay suppliers, employees and customers worldwide in one batch, with no limit on the number of payments per batch file.
Virtual accounts for your customersSays it offers this
Named sub-accounts allow businesses to open multiple virtual IBAN accounts under their main account. Virtual accounts assigned to specific entities, clients, or functions
Create and manage client-specific sub-accounts in 40+ currencies
Safeguarding accountSays it does not offer this
IFX does not safeguard client funds on behalf of a Regulated Provider in respect of the Regulated Provider's End Client's funds
Does not say it offers: Accepting card payments, Crypto on- and off-ramp, Client money account, Escrow
As its own pages say it, each quote with the date we read it. A product it does not mention is never shown as one it does not offer.
Currencies it holds
Holds EURa balance; account details of its own on the local payment system
Hold, send and receive across 40+ currencies from a single multi-currency business account. ... Euro (EUR)
Support inbound and outbound payments in over 40 currencies from your virtual IBAN account ... Euro (EUR)
Send using Swift, SEPA and FPS (in the UK) payment rails.
Holds GBPa balance; account details of its own on the local payment system
Hold, send and receive across 40+ currencies from a single multi-currency business account. ... British Pound Sterling (GBP)
Support inbound and outbound payments in over 40 currencies from your virtual IBAN account ... British Pound Sterling (GBP)
Send using Swift, SEPA and FPS (in the UK) payment rails.
Holds USDa balance; account details of its own for SWIFT payments
Hold, send and receive across 40+ currencies from a single multi-currency business account. ... United States Dollar (USD)
Support inbound and outbound payments in over 40 currencies from your virtual IBAN account ... United States Dollar (USD)
Holds CHFa balance
A multi-currency business account lets your company hold, send, and receive money in multiple currencies in one place. ... IFX supports currencies including USD, EUR, JPY, GBP, AUD, CAD, CHF, CNY, HKD, NZD and more.
Holds AEDa balance; account details of its own for SWIFT payments
Hold, send and receive across 40+ currencies from a single multi-currency business account. ... United Arab Emirates Dirham (AED)
Support inbound and outbound payments in over 40 currencies from your virtual IBAN account ... United Arab Emirates Dirham (AED)
Holds CADa balance; account details of its own for SWIFT payments
Hold, send and receive across 40+ currencies from a single multi-currency business account. ... Canadian Dollar (CAD)
Support inbound and outbound payments in over 40 currencies from your virtual IBAN account ... Canadian Dollar (CAD)
Holds HKDa balance; account details of its own for SWIFT payments
Hold, send and receive across 40+ currencies from a single multi-currency business account. ... Hong Kong Dollar (HKD)
Support inbound and outbound payments in over 40 currencies from your virtual IBAN account ... Hong Kong Dollar (HKD)
Holds AUDa balance; account details of its own for SWIFT payments
Hold, send and receive across 40+ currencies from a single multi-currency business account. ... Australian Dollar (AUD)
Support inbound and outbound payments in over 40 currencies from your virtual IBAN account ... Australian Dollar (AUD)
Does not say it holds: SGD
Only currencies its own pages name, each quote with the date we read it. A currency it does not mention is never shown as one it does not hold.
Policy by industry
| Industry | Status | Checked |
|---|---|---|
| iGaming | With conditions | |
| Forex and CFD | With conditions | |
| Crypto | Depends on the activity | |
| Unlicensed financial services | No |
No published rule (read in full on October 16, 2026): Adult, AI and SaaS, Marketplace
Has this rule changed? Tell us
Fees
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| ibanq multi-currency account (prices agreed per client) | Not published | Not published ('The Charges, as applicable from time to time, are set out in the Pricing Schedule.') | · Source |
Closing an account
11.2. Without affecting any other right or remedy available to it and subject to clauses 11.4 and 11.5, either Party may terminate this Agreement at any time without cause provided that: 11.2.1. IFX gives the Client five (5) days’ written notice of its intention to do so; or … 11.4. If the Client is a Charity, or a Micro-Entity, then without affecting any other right or remedy available to us and subject to regulation 51(B) of the PSRs: 11.4.1. IFX may terminate this Agreement at any time without cause by giving no less than ninety (90) days’ prior written notice of its intention to do so to the Client; or
Step 3 – If you are not happy with our final response, you can refer your complaint to the Financial Ombudsman Service (FOS) or the Netherlands Financial Services Complaints Institute (Kifid) using the information set out below.
Account closed or frozen? What IFX Payments’s terms say
What we read
- Acceptable use and prohibited activities
- Read · ifxpayments.com/wp-content/uploads/2026… · ifxpayments.com/wp-content/uploads/2026…
- Help pages on particular industries
- Read · ifxpayments.com/customer-terms · ifxpayments.com/wp-content/uploads/2026… · ifxpayments.com/wp-content/uploads/2026… · ifxpayments.com · ifxpayments.com/fintechs · ifxpayments.com/businesses
- Countries it takes
- Searched, none published · ifxpayments.com/regulatory-information · ifxpayments.com/wp-content/uploads/2026…
- Countries it refuses
- Searched, none published · ifxpayments.com/wp-content/uploads/2026… · ifxpayments.com/wp-content/uploads/2026…
- Rules on owners and directors
- Searched, none published · ifxpayments.com/wp-content/uploads/2026… · ifxpayments.com/get-started
- Prices
- Searched, none published · ifxpayments.com/wp-content/uploads/2026… · ifxpayments.com
- Terms on closing accounts
- Read · ifxpayments.com/wp-content/uploads/2026…
- Complaints
- Read · ifxpayments.com/complaints · ifxpayments.com/wp-content/uploads/2026…
- Licence register
- Read · register.fca.org.uk/s/firm · ifxpayments.com/regulatory-information