iFAST Global Bank Limited

https://www.ifastgb.com/

iFAST Global Bank Limited is a UK-licensed digital bank headquartered in London, United Kingdom, specifically at South Quay Building, 77 Marsh Wall, London E14 9SH. As a subsidiary of Singapore-listed iFAST Corporation Ltd., the bank's core business revolves around providing global banking connectivity to individual customers, corporates, and financial institutions. Its mission is to offer a transparent, straightforward, and hassle-free banking experience, supporting clients' financial goals with simplicity and convenience while bridging them to the global financial landscape.

The bank offers a comprehensive suite of digital banking products and services, including multi-currency accounts supporting GBP, USD, EUR, HKD, SGD, CNY, JPY, CHF, and AED. Key offerings include international payments, cross-border transfers, term deposits, savings accounts, and foreign exchange (FX) services, often featuring fee-free global transfers within the iFAST ecosystem. For businesses, iFAST Global Bank provides safeguarding accounts, client money accounts, and treasury services. It caters to a diverse market segment, encompassing personal clients, small and medium-sized enterprises, institutions, and a private clientele across six continents.

Under the leadership of CEO Inayat Kashif, iFAST Global Bank achieved its first full year of profitability in FY2025, reporting a profit before tax of S$3.11 million (£1.80 million). The bank has been recognized for its innovative services, receiving accolades such as "Best Consumer's Choice - Highly Commended" at the Moneyfactscompare.co.uk Awards 2026 and "Best Newcomer" at the British Bank Awards 2025. In January 2026, it completed a significant migration to the UK Open Banking Standard version 4.0, positioning itself among the first UK banks to adopt the updated standard. iFAST Global Bank operates as a fully regulated entity, authorized by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA), with eligible deposits protected by the Financial Services Compensation Scheme (FSCS) up to £120,000.

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