Review on Firstexchangefinb

The website firstexchangefinb.com, operating under the name First Exchange Financial Bank, presents itself as a global online banking institution offering personal banking, business banking, credit cards, savings accounts, and loans. The site claims the bank has been providing services for “almost 25 years” and operates in “many countries around the world” with full online banking, card services, and mobile access.  According to the site, customers can open an account in minutes, have daily compounded interest on savings, experience “bank‑level” security, and earn rewarding credit card benefits. 

On the “Contact” page the site lists a corporate address in London (St James’s Place, London SW1A 1NS) and a telephone number +44 793‑486‑3301.  The FAQ section claims that deposit accounts are insured by the Federal Deposit Insurance Corporation (FDIC) up to at least US$250,000. 

In short: the site presents a full‑service online bank with global reach, institutional credibility, modern features, and generous banking products.

More Details

From the accumulation of evidence, the website for “First Exchange Financial Bank” (firstexchangefinb.com) exhibits numerous hallmark characteristics of a scam or high‑risk fake bank. Here is a detailed breakdown:

Lack of regulatory transparency
Legitimate banks—especially those operating internationally—must display clear regulatory information: banking licence number, regulatory body, deposit insurance status, branch network or corporate registration details. This site claims FDIC insurance, yet there is no verifiable evidence of a US deposit‑taking institution of this name registered with the FDIC or listed publicly. The claim must therefore be treated with extreme caution. Because regulatory registration is absent or cannot be easily verified, the “bank” may not in fact be regulated; unregulated “banks” are common vehicles for fraud.

Suspicious hosting and domain environment
The facts that the domain shares an IP address with many unrelated, possibly dubious domains (as seen in the networksdb listing) indicate a shared hosting environment often used by fraudulent sites. Legitimate banks typically use dedicated infrastructure, not generic shared hosting among hundreds of domains. That alone raises concern about the authenticity of the operation.

Excessive and unrealistic promises
The website promises broad, global service, rapid account opening, daily‑compounded interest, easy loans, 100% financing for business loans, etc. These promises go far beyond what is typical for regulated banks, especially newcomers, and align more with “too good to be true” models used by scam operations. For example, providing “car finance”, business credit cards, and global reach through just an e‑mail and form is implausible without many layers of regulation, compliance, capital, and disclosures.

Vague corporate address & weak physical presence
While the site lists “St James’s Place, London SW1A 1NS” as the corporate address, there is no visible linkage to a registered bank headquartered there, no branch details, and the telephone number provided is a UK mobile format number. Legitimate banks typically provide full contact details, branch addresses, regulatory disclosures, FCA/ PRA numbers (in the UK), etc.

Legal terms limiting liability and confusing jurisdictions
The Terms & Conditions contain a clause limiting liability to “one hundred (£100) dollars” and requiring confidential binding arbitration in Los Angeles even though the site claims to be UK‑based. Such inconsistent usage of currency and jurisdiction is a common red flag for “legal smoke‑screen” documents used by scammers to protect themselves rather than ensuring customer protection.

Absence of verifiable history or external reputation
Even though the site claims “25 years” of operation and “many countries around the world”, a search does not reveal any credible external records (regulator filings, banking news, consumer reviews) verifying such a lengthy or broad operation. The counters on the homepage (“Years in banking – 00”, “Branches – 00”) further undercut the claim of longevity.

Given these points, it is reasonable to conclude that the site is highly likely to be a scam or at best a non‑regulated operation trying to pose as a bank. Engaging with it—depositing money, giving personal/financial data, or applying for credit—would carry high risk of loss, identity theft, or both.