Axia Fx Ltd - Foreign Exchange and International Money Transfer Specialists Announce Partnership with Banque Marocaine du Commerce Exterieur (BMCE Bank) to Meet the Increasing Foreign Exchange Needs of the Bank's Customers

By Axia Fx Ltd, PRNE
Sunday, June 20, 2010

LONDON, June 21, 2010 - Axia Fx agreed to provide BMCE Bank customers its extensive range of
foreign exchange and international money transfer services. This includes
overseas mortgage payments, repatriation of funds, regular money transfers
(over GBP500), payment of children's school fees, transfer of UK pensions
overseas, settlement of overseas property bills and receipt of rental income
from overseas properties.

To date BMCE Bank counts thousands of customers, many with regular
foreign exchange and international money transfer needs. Commenting on the
agreement, Abdallah Alaoui - Managing Director - BMCE Bank said: "This is a
great business opportunity to support the organic growth of the Bank in the
UK and we are delighted to have partnered with Axia Fx to provide our clients
a foreign exchange and money transfer service. This further enhances the
range of financial products and services on offer to our valued customers. A.
Alaoui continues: "Whilst our client base consists primarily of private
clients in search of the best exchange rates, we have identified a number of
synergies in products and channels that will enable the Bank to achieve
growth within our corporate clients' community with foreign exchange services
needs."

A. Alaoui concludes: "Working with Axia Fx is another step in our drive
to deliver to our customers an enviable selection of products and services."

BMCE Bank provides a whole host of financial products and services. A
leader in the Moroccan and wider North African markets, the Group, in
addition to catering for private clients, has also identified opportunities
to cooperate with Axia Fx on SME business and trade products.

The partnership between BMCE Bank and Axia Fx marries two strong brands
with complementary benefits and advantages to customers. Both are excited by
the possibilities of new distribution networks and the opportunities to
facilitate international trade for the business community. …/more

David White, Managing Director of Axia Fx said: "We are delighted with
today's announcement. We are looking to accelerate our exponential growth and
geo-demographic expansion. I believe that there are sizeable opportunities to
grow Axia Fx Ltd business in Morocco and the wider North African region. This
is a region where BMCE Bank has a strong foothold and we are excited to have
joined forces as we explore ways to capitalise on our complementary skills,
products and services in these new markets."

Axia Fx Ltd is one of the world's leading non-bank foreign exchange
specialists. Headquartered in the heart of London's financial district,
Canary Wharf, it serves corporate and private clients alike. Authorised and
regulated by the FSA under the Payment Services Directive.

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Note to Editors:

About Axia Fx Ltd

Axia Fx is one of the world's leading foreign exchange specialists. It
facilitates the trade of foreign currency and the transfer of funds
worldwide. The Company was founded in 2006 by Managing Director David White
and now serves corporate and private clients alike. Axia Fx is authorised and
regulated by the Financial Services Authority under the Payment Services
Directive - registration number: 504538.

Foreign Exchange for Private clients

For private clients buying or selling an overseas property, emigrating or
needing to make international payments, Axia Fx's traders, experts in foreign
exchange, offer competitive exchange rates with a personalised service.

Foreign Exchange for Business

Axia Fx also offers a Foreign Exchange for Business service to SMEs and
larger organisations including FTSE listed blue chip corporations. Axia Fx
provides a streamlined dealing process helping companies of all sizes realise
considerable savings by offering the best exchange rates and by providing
support, guidance and advice on the management of risks associated with
currency fluctuation.

For further information, please visit www.axiafx.co.uk, or
contact: Omar Hadjel, Marketing Manager, +44(0)845-257-8258,
omar.hadjel@axiafx.com

For further information, please visit www.axiafx.co.uk, or contact: Omar Hadjel, Marketing Manager, +44(0)845-257-8258, omar.hadjel at axiafx.com

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