We take security seriously
The security of our clients’ funds is of paramount importance to us. Not only are all funds segregated into client bank accounts, but the business is registered with the UK Money Transmitters Association (UKMT), the Financial Conduct Authority (FCA) and HM Revenues & Customs (HMRC) in the UK as a money services business.
We hold an Australian Financial Services License (AFSL) issued by Australian Securities and Investments Commission (ASIC), as well as a Financial Services Board (FSB) License to deal in foreign exchange in South Africa.
We meet all the required capital and liquidity ratios, and operate the financial controls demanded by all regulatory bodies.
We also never pay out your foreign funds until you have paid us, so there is no settlement risk.