Security and compliance is of paramount importance to Fiscal FX. We adhere to strict and stringent regulations and have robust internal controls in place to safeguard your funds and minimise any risks to the business or your money.
All transactions are initiated using a secure payment system which ensures each payment is approved internally by multiple users and processed by our Tier 1 banking partners.
We don’t speculate on the currency markets. Or invest your money overnight. When you enter into a transaction with us, we enter a matching, binding trade with our bank.
Client money is held in segregated client ‘safeguarding’ accounts using our global Tier 1 banking partners. It means all client funds are held separately from any company money or assets in order comply with regulations.
Our Payment and Foreign Currency Exchange Services are provided by Ebury Partners UK Limited. Fiscal FX LTD is partnered with Ebury Partners UK Limited as its Programme Manager. Ebury Partners UK Limited are authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution. (Reference Number 900797).
Ebury provides financial services in Australia pursuant to a licensing Exemption provided by the Australian Securities and Investments Commission (“ASIC”).
Fiscal FX are covered by the following under the Programme Manager agreement with Ebury Partners UK Limited.
Ebury is regulated as an Authorised Electronic Money Institution by the Financial Conduct Authority. Ebury's reference number is 900797.
The FCA requires Ebury to meet standards across three areas. Ebury exceeds all three of these standards which cover:
The levels of capital requirements are based on Ebury's level of activity. The FCA reviews Ebury's capital adequacy on an annual basis.
Ebury's client funds are held in segregated accounts, entirely separate from our own operating accounts, so client funds are always safe.
Robust Internal Risk Management
We have strict governance and operational processes in place to scrutinise the accuracy of each of our transactions, with appropriate involvement from our Directors. Compliance with our governance and processes is regularly audited.