Security & Regulators

All UK Money Transfer companies must be on the payment services FSA Register and it is best knowing about two different types of firms as there are differences between one and another.

Authorised firms are companies who transfer over €3 million a month and are required to hold segregated client funds. This means client funds are 100% secure in any unlikely situation the company ceases trading.

Registered firms who would be transferring under the €3 million a month can choose whether to have this protection or not.

It is now a regulatory requirement that all institutions transmitting funds on behalf of others are registered. All our clients must be identified and address verified (ID&V) to open an account (this is completed within minutes) to comply with Anti-money Laundering procedures by HM Customs and Excise.