Partners & Security
We have carefully chosen the following partners with whom we work. They offer slightly different products and services that we then can in turn offer to our clients. As no two clients are the same we like to find out first what our customers requirements are and then match them with the most appropriate currency provider.
Security of Funds
South West Foreign Exchange Ltd transacts exclusively through chosen partners who are all authorised by the Financial Conduct Authority (FCA) as an ‘Authorised Payment Institution’ API under the Payment Services Regulations 2009.
The Payment Services Regulations 2009 stipulates that all client funds must be held in segregated client fund accounts. These funds are only used for client transactions and are kept in accounts of our partners that are independent of their business accounts.
Each partner is regulated by HM Revenue and Customs as A Money Services Business.
earthport FX – Earthport PLC is authorised by the Financial Conduct Authority (FCA) under the Payment Services Regulations 2009 to carry out payment services. Our FCA company reference number is 537580.
CrossbarFX Ltd – CrossbarFX was established in 2004 to provide dedicated foreign exchange and international payment services. It is authorised by the Financial Conduct Authority (FCA) under the payment Services Regulations 2009 to carry out payment services. It’s company reference number is 535761.