Moneycorp was first established in 1979 as a bureau de change business in central London. 45 years later, we have significantly transformed from a largely domestic, consumer focused analogue provider of foreign exchange, to an international, digitally-enabled, B2B2X currency solutions and payments provider and a key player in the global wholesale currency market. With 17 global offices and over 600 employees we have an extensive global network. In 2014, the retail business accounted for 57% of the Group’s revenue, with 98% derived from domestic revenue streams. Today, Moneycorp’s revenue is predominantly derived from corporates and financial institutions, with 89% of gross revenue now from B2B. In November 2019, Moneycorp Bank became the first of only two members to participate in the Federal Reserve's Foreign Bank International Cash Services (FBICS) program. Through the FBICS program, Moneycorp receives access to the Federal Reserve's International Cash Services (ICS) Program enabling it to source and supply US Dollar banknote currency directly from the Federal Reserve Bank of New York.