Bfi: Banx For Institutions

BFI is a consulting firm helping financial institutions in low, medium and high-risk jurisdictions to either find a suitable correspondent bank or manage the on-boarding process of a respondent bank more efficiently. We provide research about correspondent banking, introduction services and customised KYC on-boarding, which includes document validation and data verification through online work and site visits. BFI’s KYC Profile Advisory and tailored introduction services are helping to connect emerging market domiciled banks to international banking services across all major economies and currencies. With our global expertise and advanced standards in KYC BFI offers solutions to many of the challenges currently facing the correspondent banking industry. Based on our industry knowledge and insights, we offer macro and micro research about markets, products, prices and competitors. Our topics range from correspondent banking to country risks, payment systems and market players. We provide industry trends, regional overviews and sales opportunity forecasts, that help existing and new market participants to enhance their decision quality. Being active in over 100 countries, we’re happy to go the extra mile to meet a respondent bank anywhere around the globe.