Rational Foreign Exchange Limited – in Special Administration

Kristina Kicks and Ed Boyle were appointed Joint Administrators of Rational Foreign Exchange Limited – in Special Administration (the ‘Company’) on 29 November 2023.

The Joint Special Administrators have become aware that the former RationalFX website states that RationalFX was acquired by Markets Chain Limited. Please note that this claim is false and the Joint Special Administrators have not undertaken such sale of the business.

The Joint Special Administrators are taking steps to seek the removal of any reference to RationalFX on the website.

Notice regarding IbanFirst

First The Joint Special Administrators have entered into a profit sharing agreement with Ibanfirst whereby the Special Administration will receive a proportion of profit from certain former RFXL customers who enter foreign exchange transactions with Ibanfirst. This is consistent with the Joint Special Administrators’ duties to maximise realisations for the benefit of customers and creditors and has been conducted in accordance with GDPR.

Ibanfirst is contacting the relevant customers to invite them to become new customers. The Joint Special Administrators have not shared customer information with any other company. If you are contacted by another company, please be alert to scams and report them to the FCA if appropriate via the following link: Report a scam | FCA.Being Alert to Scams All customers should remain alert to the possibility of fraud. If you are cold called by someone claiming to be from Rational FX, Xendpay, Interpath Advisory or the FCA, please end the call and call them back using the number above. More information about this can be found on the FCA website at https://www.fca.org.uk/consumers/protect-yourself-scams.

Kristina Kicks and Edward George Boyle are authorised to act as insolvency practitioners by the Institute of Chartered Accountants in England & Wales.

We are bound by the Insolvency Code of Ethics.

The Officeholders may be Data Controllers of personal data as defined by the Data Protection Act 2018. Personal data will be kept secure and processed only for matters relating to the appointment. For further information, please see our Privacy Policy.