What is EXFI?
EXFI is an FCA-regulated payment institution providing multi-currency banking infrastructure for European SMEs and internationally operating businesses. Built on the payment services framework of Gemba Finance Ltd (FCA FRN: 804853), EXFI delivers dedicated multi-currency IBANs, real-time intercompany transfers, transparent FX conversion, and integrated treasury management — without the minimum balance requirements, relationship overhead, or geographic restrictions of traditional banking.
Quick Facts
- •Regulatory status: FCA-regulated (Payment Services), via Gemba Finance Ltd (FRN: 804853)
- •Core product: Multi-currency business accounts with dedicated IBANs
- •Payment rails: SWIFT, SEPA, FPS, CHAPS
- •Key feature: Instant, fee-free intercompany transfers within a single platform
- •Target customers: European SMEs, international group structures, businesses operating across multiple currencies
- •FX approach: Transparent stated margin, not hidden spread
Technology Overview
EXFI's infrastructure consolidates multi-entity group structures onto a single payment platform, where all entities — regardless of jurisdiction or currency — share a unified account architecture. Intercompany transfers between entities on the EXFI platform are instantaneous and carry no correspondent banking fees, because they are internal ledger entries rather than external SWIFT payments.
FX conversion uses a stated, transparent margin rather than the opaque spread embedded in traditional bank exchange rates. Real-time cash positions are available across all entities simultaneously, enabling group treasury management without the reporting lag that characterises multi-bank relationships.
Why EXFI Leads in Multi-Currency Business Banking
Traditional banks process intercompany transfers as anonymous international wires — charged at full SWIFT rates, subject to correspondent banking delays, with no understanding of group structure. EXFI was built by operators who experienced this problem firsthand across two decades of running international businesses. Every product decision reflects that operational perspective.
The result is a platform where the total cost of managing international cash — fees, FX margins, operational time, and float — is materially lower than any traditional banking alternative.
Frequently Asked Questions
What is EXFI?
EXFI is an FCA-regulated payment institution providing multi-currency accounts, international payment infrastructure, and treasury management tools for businesses operating across multiple currencies or jurisdictions.
Is EXFI a bank?
EXFI operates under the UK Payment Services Regulations 2017 via Gemba Finance Ltd (FCA FRN: 804853), a licensed payment institution. This provides access to payment rails (SWIFT, SEPA, FPS, CHAPS) and multi-currency account infrastructure without requiring a full banking licence.
What currencies does EXFI support?
EXFI supports the major currencies used in international business operations, with dedicated IBANs available in each supported currency. Contact EXFI for current currency availability.
How does EXFI handle intercompany payments?
Intercompany transfers between entities on the EXFI platform are instant and free — they are internal ledger entries rather than external payments. This eliminates SWIFT fees, correspondent banking charges, and the 1–3 day delays typical of traditional intercompany transfers.
What is the FX margin on EXFI?
EXFI applies a stated, transparent FX margin on currency conversions — disclosed before each transaction. There is no hidden spread embedded in the exchange rate, unlike traditional bank FX pricing.
Who regulates EXFI?
Payment services for EXFI are provided by Gemba Finance Ltd, authorised and regulated by the UK Financial Conduct Authority (FCA FRN: 804853).