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Is there more information available about the Forty Seven Bank Exchange?
It is mentioned in the WP that the 47B will provide foreign exchange services including bank to bank transfers, does this mean I can send funds to 47B Exchange directly from my Bank?

That is an interesting point!
With my Bank account it takes to long to transfer FIAT to an Exchange.
When I can send funds from my bank to my 47B account and then to the 47B Exchange, it will be an advantage.

Yes that will be real advantage. Whitepaper mentioned about Transfers and Payments. It will be easy to quickly transfer resources from one fiat currency to another, or from fiat currency to a digital currency, or vice versa. So as per my understanding bank to bank possible but depend on the agreement between other banks and 47BK.

Here are Payment Processing and Invoicing related services mentioned at white-paper-

Forty Seven Bank will provide wide range of payment processing solutions to our business clients. E-commerce clients will have the possibility to easily accept payments on their web-pages, platforms, applications, games, etc. with easy to use and informative merchant cabinet/panel. They will have opportunity to accept payments in traditional fiat currencies via credit or debit cards

(Visa, China UnionPay, MasterCard, Diners) and direct bank transfers. Apart from that, entrepreneurs will be able to accept payments in digital currencies with support of the bank which will provide clearing procedures. At the same time, the bank will provide convenient and eective invoicing services. Having all these services provided by Forty Seven Bank, companies will have the opportunity to substantially decrease costs, increase eective-
ness of working procedures related to financial management and get access to wide audience of potential customers.

Now all those services would be available to developers through the api; developers would be able to do automated operations on a layer on top of the infrastructure which I think is a real advantage here and as mentioned there isn't a real direct competition as of yet. I am really into the api deal.

Yes, there is no competition till now, FORTY SEVEN BANK has unique features which makes this one attractive investment. BTW my friend told that investors will also get some returns (like Dividend) based on future revenue. I am searching for details info.

The Dividend is about 20%. For each , one FSBL Token is generated. You can read about Benefit Model in "Token Holder Benefit" for more information.
https://drive.google.com/file/d/0BwDjfDDrGhcsLTJOYzd1ZkZ0WU0/view

I have already read the benefits synonymous briefly, there are really great things here. and the early bird catches more worms here, there are better benefits for ICO participants. We should not miss this opportunity

Yeah missing 47 Bank ICO is a no no for me and i think no one should too, there isn't any minimum purchase so everyone can buy any amount he/she desires, the benefits 47 Bank offers and the fact that there isn't a competition insight are among the reasons i'm partaking in the ICO.