SATFX builds relationship with ClearBank

At SATFX we build close working relationships with all our customers and pride ourselves on knowing them personally, their business and particularly, their currency and payment requirements. They also expect value for money when it comes to currency transfers and onward payments after all, that is what we do.

We are therefore delighted to announce that from the 31st March 2021, SATFX moved all our bank accounts to ClearBank.

Our relationship with ClearBank started back in July 2017 and they have continued to impress us with the highest quality of service and their innovative banking solutions as we seek to stand apart from our competitors and meet the evolving demands of our customers.

“Building our business and expanding our services over the next few years with ClearBank as our bank partner is going to be exciting” said Adam Cotton, CEO of SATFX. “Our customers will experience a seamless transition in the changeover and with ClearBank’s range of payment and banking API’s integrating with our existing platform, our customers experience will improve significantly”.

SATFX are continually striving to be progressive in the FX and payments space, searching out opportunities to improve on business efficiency and security of funds. “Offering our customers their own GBP IBAN accounts, connected to Faster Payments, BACS and CHAPS, enhances the security of their funds and permits flexible use for different customers requirements. Everyone at SATFX is fully supportive of the relationship” added Adam.

“ClearBank are delighted to support such a strong and well-established business as SATFX” said Simon Jones, Chief Customer Officer from ClearBank. “We are excited by the plans that SATFX have to build their foreign currency and payments business and thrilled to support them on their journey”.

SATFX recently completed an integration with the ClearBank API in 10- days, emphasising the improvements ClearBank can provide FX companies who have struggled with outdated banking systems. “FX and payment companies are continually pushing boundaries to improve their services but are beset with inefficient technology. ClearBank has created dedicated tools and platforms to tackle these issues and assist companies like SATFX to improve their customers experience and differentiate themselves in a busy market.

If you require information on ClearBank you can read more here


SATFX provides foreign currency exchange and international payments to private and corporate clients. For more information please visit

For more information or comment please contact Adam Cotton, CEO or James Underhay, Director on +44 (0) 1491 577 550.