Why do I need to do compliance checks when making a money transfer?
International money transfers is a highly regulated activity and each of the FCA authorized and regulated suppliers needs to ensure you / your business are who you say you are.
Know your customer (KYC) and Anti-Money Laundering (AML) checks are there to safeguard the whole money transfer process for both user and supplier alike.
Safety and security of funds is our number one priority. All our providers on the marketplace comply with all necessary regulations and appropriately segregate client funds away from the day to day running of their business.