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The UK digital bank that bridges you to the world
iFAST Global Bank is a UK Bank authorised by the Prudential Regulation Authority (PRA) and regulated by both the PRA and Financial Conduct Authority (FCA).
It is a UK digital bank that bridges you to the world and is part of the iFAST Corporation Group, a digital banking and wealth management platform headquartered and listed in Singapore (stock code: AIY).
iFAST Corporation was incorporated in the year 2000 in Singapore and today provides a comprehensive range of investments products and services to financial advisory forms, financial institutions, banks, multinational companies, as well as retain and high net worth investors in Asia.
iFAST’s mission is to provide global connectivity and convenience to consumers, corporates and financial institutions through accessible products and services that help them achieve their objectives.
Driven by a highly committed team with the vision, motivation and expertise to pioneer products and services. We create value for our customers, our partners, and our communities by working in partnership, forging new connections, sharing innovative ideas and removing unnecessary barriers. iFAST Global Bank is a direct participant of CHAPS (Clearing House Automated Payment System) and a direct participant of Faster Payments. It is therefore a clearer of GBP. It is also a direct participant of SWIFT and can undertake cross border payments. It offers a range of currencies in GBP, USD, EUR, HKD, SGD, CNY and JPN. These can be opened as a single currency account or as a multicurrency account.
The Bank has recently introduced its online FX facility that will allow customers to move funds across accounts that they hold in the above-mentioned currencies.
The ability to provide FX facilities and cross border payments can assist the likes of importers, exporters and logistic companies in relation to their trade payments.
Apart from supporting medium sized enterprises, the bank also supports nonbanking financial institutions such as: iFAST’s mission is to provide global connectivity and convenience to consumers, corporates and financial institutions through accessible products and services that help them achieve their objectives.
• Payment institutions,
• Wealth management firms,
• Investment management firms
• Brokerage firms, iFAST Global Bank is also a member of the Financial Services Compensation Scheme and therefore deposits are protected up to the sum of £85,000, to ensure that you are eligible under the scheme, or if you would like more information, please visit: www.fscs.org.uk
• Law firms.
The bank offers a range of fixed term deposits in GBP; for terms & interest rates please see the following link: www.ifastgb.com/en/corporate-fixedterm-deposits
We also offer these deposits in some of the other currencies we provide, if you are interested in fixed term deposits in other currencies then please contact us at dtbservices@ifastgb.com
To find out more please visit our website www.ifastgb.com
Our vision is an East West digital bank connecting financial institutions, corporates and consumers.
Integrity
Commitment to the highest standards in all respects
We are committed to the highest standards and operate in an open and honest manner in everyone’s best interest to create a culture of respect and appreciation for all.
Innovation
Add value with continuous development and learning
We are passionate about understandingour customers and responding in a manner that will add value to meet their needs, and thrive for continuous learning and development.
Transparency
Empower stakeholders to make informed decisions
We work hard looking for ways to improve our operations through creativity and in a transparent manner, building a professional multcultural team to connect with our customers.