Sable International, fully accredited for your peace of mind
Our forex service is registered with all of the relevant authorities globally. Sable International is a trading name of Sable International FX Limited (company number 07070528), registered in England and Wales.
We are authorised and regulated by the Financial Conduct Authority in the UK (FCA no. 517570) and the Financial Services Conduct Authority in South Africa (Sable International FX [PTY] Limited - FSP no. 41900).
We are registered as a Money Services Business with FinCEN in the USA (Sable International FX Limited -registration no. 31000236345657).
We meet the required capital and liquidity requirements required by prudential regulation. We also stand under the financial controls and KYC (Know Your Customer) policies and procedures of our corporate bankers and regulatory institutions.
As an FCA Authorised Payment Institution it is our responsibility to segregate funds. We safeguard via the segregation method, as per regulation 23 of the PSRs 2017. We do this by placing the funds in a segregated account (known as a "safeguarding account") at Barclays Bank PLC.
We are not covered by the Financial Services Compensation Scheme. Instead, where we have segregated your funds in a safeguarding account, it means those funds would be separated from our other assets in the event of our insolvency and used to repay you and other clients.
Barclays Bank PLC provides us with safeguarding account(s) but does not monitor the funds we place in them or how we operate these accounts.
For clients utilising our Currency Solved service these products and services are provided by the FCA regulated E-money institution Currencycloud:
For clients based in the European Economic Area, payment services for Sable International FX Limited are provided by CurrencyCloud B.V. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 - 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of an electronic-money institution (Relation Number: R142701).
For clients based in the United States, payment services for Sable International FX Limited are provided by The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorised in 39 states to transmit money (MSB Registration Number: 31000206794359). Registered Office: 104 5th Avenue, 20th Floor, New York, NY 10011.
For clients based in the United Kingdom and rest of the world, who choose to use Sable International FX Limited’s Currency Solved Service, the payment services are provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).
For clients utilising our Currency Solved service, when funds are posted to your account, e-money is issued in exchange for these funds by an electronic money institution who we work with (Currency Cloud). In line with regulatory requirements, Currency Cloud safeguards your funds. This means that the money behind the balance you see in your account is held at a reputable bank, and most importantly, is protected for you in the event of Currency Cloud’s, or our, insolvency. Currency Cloud stops safeguarding your funds when the money has been paid out of your account to your beneficiary’s account.