FX services for businesses and personal customers Foreign Currency Exchange Limited (United Kingdom) was an electronic money institution authorized and regulated by the Financial Conduct Authority. Foreign Currency Exchange was focused on FX services for businesses and personal customers. The company offered overseas money transfers, currency exchange, risk management, treasury to natural persons, corporate customers. In 2022 Foreign Currency Exchange Limited had total assets of 19.03 mln GBP, and generated net income of 534,000.00 GBP. During 2022 the company had 22 employees in average. Foreign Currency Exchange Limited is doing business as Global Reach.
Foreign Currency Exchange is neither registered with the Financial Conduct Authority (FCA) as a crypto asset firm, nor offers any crypto assets services.
Foreign Currency Exchange Limited is not registered with the Financial Conduct Authority as a crypto asset firm.
Foreign Currency Exchange do not offer crypto assets services.
| thn GBP | 2021 | 2022 | change (%) |
|---|---|---|---|
| Total Assets | 18,935.00 | 19,031.00 | +0.51% |
| Turnover | 3,784.00 | 4,004.00 | +5.81% |
| Gross Profit | 1,911.00 | 1,996.00 | +4.45% |
| Net Income | 319.00 | 534.00 | +67.40% |
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 82 (-10) |  YoYo Wallet Limited | 0.06 % | 19.35 mln GBP (+3.52%) |
| 83 (-13) | Foreign Currency Exchange Limited | 0.06 % | 19.03 mln GBP (+0.51%) |
| 84 (-17) |  Financial House Limited | 0.06 % | 18.96 mln GBP (-7.56%) |
United KingdomForeign Currency Exchange Limited is authorized by the Financial Conduct Authority as a e-money institution (reference number 900205) for issuance of electronic money, placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance, execution of payment transactions via telecoms, IT system or network operator; the authorization was granted on 11 May 2018 and revoked on 23 May 2024.
Foreign Currency Exchange Limited is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, Foreign Currency Exchange is required to safeguard its customers’ money.
Since January 2021, Foreign Currency Exchange Limited can not conduct its activities in EEA member states.
Foreign Currency Exchange Limited is a SWIFT member.
20 Wood Street 3rd Floor, EC2V 7AF, London, United Kingdom
+44 02079890000
https://www.globalreachgroup.com
ldrohan@globalreachgroup.comEnglishForeign Currency Exchange has profiles on the following social networks:
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