Who are your banking partners?

We do not name banking partners in public marketing, in any channel. Detailed partner information is provided in the compliance pack under review conditions, where the counterparty agrees.

How do we verify what this page says?

Every registration links to the public register that holds it: FINTRAC's MSB registry, the Bank of Canada's registry of payment service providers, Companies House and the GLEIF LEI record. If a claim on this website cannot be verified by someone who does not trust us, we do not publish it.

COMPANY AND REGULATION

The record, in one place. Verify every line of it.

Q: Which entity would we contract with?

Unicorn Currencies Limited, the Canadian registered entity, wherever your business is incorporated. Canada and US clients contract with Unicorn Currencies Limited, and UK, EU and rest of world clients contract with Unicorn Currencies Limited. The agreement you sign states it in full.

Q: Where is client money held?

Separately from our own funds, with regulated banking partners. Local Business Accounts are account capabilities, not bank deposit accounts, and carry no deposit insurance. The safeguarding page sets out the full arrangement.

Who Unicorn Currencies is, how it is registered, where the boundaries of the service sit, and how client funds are handled. Written for the person whose job is to check, with a public registry link against every registration we hold.

Request the compliance pack Verify the registrations →

THE RECORDPUBLICLY VERIFIABLE

FINTRAC MSBC100000159

BANK OF CANADAREGISTERED PSP · RPAA

LEI9845001A4CFE0EAC8E79

CANADA ENTITYUNICORN CURRENCIES LIMITED · BC1473865

UK ENTITYUNICORN CURRENCIES LTD · 14325478

STATUSNOT A BANK

REGISTRATION IS REGISTRATION. WE DO NOT DESCRIBE IT AS AUTHORISATION OR LICENSING.

WHO WE ARE

A payments and FX business, run by the people named on it.

Unicorn Currencies provides B2B cross border payments, foreign exchange and Local Business Accounts in GBP, EUR, USD, AED and CAD for approved businesses worldwide. The customers are importers, exporters, wholesalers, manufacturers and finance teams with recurring international flows. The service model is deliberate: fewer clients, a named desk, and proof on every settled payment.

Every commercial claim on this website interpolates from a maintained claim register, and this page is where those claims can be checked against public records.

N.M. ThakurDIRECTOR · CHIEF EXECUTIVE OFFICEROwns company direction, commercial strategy and how Unicorn Currencies scales payment operations for recurring B2B volume.LinkedIn ↗

M.M. ThakurCHIEF COMPLIANCE OFFICEROwns compliance infrastructure, KYB standards, regulatory controls and the operating standards that govern how payments are reviewed, held and released.LinkedIn ↗

Two entities, never blurred.

EACH ENTITY IS NAMED IN FULL, WITH ITS NUMBER AND ITS ROLE

CANADA · THE REGULATED OPERATING ENTITYUnicorn Currencies Limited

INCORPORATIONBRITISH COLUMBIA · BC1473865 · 2 APRIL 2024

REGISTERED OFFICE5577 153A STREET, SUITE 207, SURREY, BC V3S 5K7, CANADA

FINTRAC MSBC100000159

BANK OF CANADAREGISTERED PSP UNDER THE RETAIL PAYMENT ACTIVITIES ACT

The registered Money Services Business and Payment Service Provider. Operates the payments, FX and Local Business Account services, and is the contracting entity for every client worldwide.

UNITED KINGDOM · SEPARATE COMPANYUnicorn Currencies Ltd

INCORPORATIONENGLAND AND WALES · 14325478

REGISTERED OFFICESILVERSTREAM HOUSE, FITZROY ST, LONDON W1T 6EB

FCA STATUSNOT AN FCA AUTHORISED FIRM

CLIENT CONTRACTSNONE · ALL CLIENTS CONTRACT WITH THE CANADIAN ENTITY

A separate United Kingdom company. Not a bank, not an electronic money institution and not a directly FCA authorised payment institution. Where regulated payment services are required, they are delivered through regulated banking partners.

WHO YOU CONTRACT WITHCanada and US clients contract with Unicorn Currencies Limited. UK, EU and rest of world clients also contract with Unicorn Currencies Limited. Every client agreement, wherever your business is incorporated, is with the Canadian registered entity and is stated in your Master Services Agreement.

REGISTRATIONS

Do not take our word for it.

Every registration below sits on a public register maintained by someone who is not us. The link goes to the register, not to a page we control.

FINTRAC · MONEY SERVICES BUSINESSREGISTEREDC100000159

Registration as a Money Services Business under Canadian law, searchable on FINTRAC's public MSB registry.Search the FINTRAC registry ↗

BANK OF CANADA · PSPREGISTEREDRETAIL PAYMENT ACTIVITIES ACT

Registered Payment Service Provider under the Retail Payment Activities Act, listed on the Bank of Canada's public registry.Open the Bank of Canada registry ↗

COMPANIES HOUSE · UKON THE REGISTER14325478

Unicorn Currencies Ltd, the separate United Kingdom company, on the Companies House public register.Open the Companies House record ↗

GLEIF · LEGAL ENTITY IDENTIFIERISSUED9845001A4CFE0EAC8E79

The Legal Entity Identifier for Unicorn Currencies Limited on the Global LEI Foundation record.Open the LEI record ↗

What we are, and what we are not.

THE BOUNDARY IS PART OF THE PRODUCT. WE VOLUNTEER IT.

WHAT WE PROVIDE

B2B cross border payments and foreign exchange
Local Business Account capabilities in GBP, EUR, USD, AED and CAD
Payment evidence: MT103 and rail references
A named treasury desk for traces, amendments, recalls and reviews

THROUGH REGULATED INSTITUTIONS

Holding of client funds, separately from our own
Access to domestic payment rails in each market
Account detail issuance, subject to approval
Correspondent reach where a payment routes through SWIFT

WHAT WE DO NOT PROVIDE

Bank deposit accounts, deposit insurance, lending or credit
Investment services or advice of any kind
Personal or consumer transfers and one off remittances
Cash handling of any kind

CLIENT FUNDS

Where your money sits, in plain terms.

Client funds are held separately from Unicorn Currencies' own funds with regulated banking partners. Local Business Accounts are account capabilities, not bank deposit accounts, and they carry no deposit insurance. The full arrangement, including what happens to funds in transit, is set out on the safeguarding page.

Read the safeguarding page →

SEPARATIONClient funds are held separately from Unicorn Currencies' own funds.

WHEREWith regulated banking partners, who are not named in public marketing.

WHAT IT IS NOTNot a deposit account. No deposit insurance applies.

THE DETAILThe safeguarding page sets out the arrangement, including funds in transit.

Compliance is the operating system, not a checkbox.

WHAT RUNS AT ONBOARDING, AND WHAT RUNS ON EVERY PAYMENT AFTER IT

01 · KYBKnow Your BusinessIncorporation, registers and the reality behind the paperwork.

02 · UBOOwnership verifiedBeneficial owners identified and verified, not declared and filed.

03 · SCREENINGSanctions screeningAt onboarding and again on every payment, both counterparties.

04 · MONITORINGTransaction monitoringActivity reviewed against the profile you declared, continuously.

05 · REQUESTSInformation requestsDocuments requested with the reason stated, owned by a named person.

WHEN WE ASK FOR A DOCUMENT MID PAYMENT, IT IS BECAUSE ONE OF THESE STEPS ASKED FIRST. THE DESK TELLS YOU WHAT IS NEEDED AND WHY, BEFORE THE PAYMENT IS HELD.

Who answers for what.

FUNCTIONS, NOT TICKET QUEUES. EACH ONE HAS AN OWNER.

COMPLIANCEKYB, screening, information requests and the claim register behind this website.VIA COMPLIANCE@UNICORNCURRENCIES.COM

TREASURY OPERATIONSPayments in motion: traces, amendments, recalls, proof of payment.TREASURY@UNICORNCURRENCIES.COM

COMPLAINTSThe complaints procedure, in writing, with response commitments.COMPLAINTS PROCEDURE →

TELEPHONECanada and US +1 548 488 0818. UK and Europe +44 20 8064 0818.+44 20 8064 0818

MEDIA AND PARTNER ENQUIRIES ARE ANSWERED IN WRITING. WE DO NOT COMMENT ON BANKING PARTNERS, CUSTOMER IDENTITIES OR MATTERS IN PROGRESS.

QUESTIONS DILIGENCE TEAMS ASK

No. Unicorn Currencies is registered in Canada with FINTRAC as a Money Services Business and with the Bank of Canada as a Payment Service Provider under the Retail Payment Activities Act. Registration is registration. It is not a banking licence, and we never describe it as one.

Everything here, in a document your committee can file.

The compliance and pricing pack carries the entity map, registrations, safeguarding position, fee schedule and membership terms in one document, prepared for onboarding and vendor review.

Request the pack Read the legal pages →