TFI Markets Granted Electronic Money Institution License by CBC

TFI Markets Granted Electronic Money Institution License by CBC

After a Long Journey as a Licensed Payment Institution and an Authorized Electronic Money Institution

After a long journey as a licensed Payment Institution and an authorized Electronic Money Institution, TFI Markets Ltd has been licensed by the Central Bank of Cyprus as an Electronic Money Institution.

With 25 years of experience and specialization in international payment markets (SWIFT/SEPA) and in foreign exchange and financial products aimed at reducing currency risk, TFI will continue to offer advanced expertise in the fintech sector. This move is aimed at enhancing the competitiveness of the Cypriot and Greek markets, providing security, convenience, and speed in international payments. TFI Markets announced that it offers alternative transactional banking, conducting transactions in over 20 currencies and in more than 150 countries.

CEO of TFI MARKETS, Haris Charilaou, stated, "The licensing of TFI Markets Ltd by the Central Bank of Cyprus as an Electronic Money Institution marks a new chapter in our 25-year history in the foreign exchange market. Our 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. Introducing innovative financial products and further investing in technology and outstanding human resources are among our main goals for the near future."

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