After many years as a licensed Payment Institution and a licensed CIF, TFI Markets Ltd was licensed by the Central Bank of Cyprus as an Electronic Money Institution.
TFI, with 25 years of experience and expertise in international payment markets (SWIFT/SEPA) and currency conversion and currency risk reduction financial products, will continue to offer advanced expertise in the field of fintech, aiming to enhance the competitiveness of the Cypriot and Greek market and providing security, convenience and speed in international payments. TFI Markets informs through an announcement that it offers alternative transactional banking, carrying out transactions in more than 20 currencies and in more than 150 countries.
The CEO of TFI MARKETS Haris Charilaou stated that “the licensing of TFI Markets Ltd by the Central Bank of Cyprus as an Electronic Money Institution marks a new page in its 25-year history us in the foreign exchange market. strategic partnerships with international banking groups such as Barclays PLC and UBS AG enable us to offer our corporate clients security, speed and competitive pricing. The introduction of innovative financial products and further investment in technology and excellent human resources are among our main goals for the immediate future.”