Solutions for financial institutions

Moneycorp can securely access bulk foreign banknote exchange and is a proud member of the Federal Reserve’s Foreign Bank International Cash Services (FBICS) program. Through the FBICS program, Moneycorp Bank receives access to the Federal Reserve’s International Cash Services (ICS) Program, enabling Moneycorp to source and supply US Dollar banknote currency directly from the Federal Reserve Bank of New York. Moneycorp also accesses a global network of relationships with banks and currency suppliers to provide a seamless currency exchange service to meet our clients’ needs.

As major banks scale back and contract the supply chain, our financial institutions business plays a critical role, acting as a liaison between suppliers and institutional consumers. We facilitate international liquidity distribution of various currencies through coordination with an array of leading third-party cash-in-transit (CIT) providers.

What our clients say

"When we were reviewing our international banking partner in early 2015, we knew we required a highly reputable and trustworthy counterparty. With Moneycorp fast becoming a leading global banknote service provider, we developed a relationship with their dedicated international sales team. Our priority was to ensure a quick and easy transition to Moneycorp and this was made easier due to their already developed relationships with local security/cash-in-transit providers. Today, Moneycorp collect our bank notes on a regular basis, and whether it be a collection of many currencies in multiple denominations or larger single currency transactions, the process is seamless."

A European Bank with over 200 branches