Unicorn Currencies
Unicorn Currencies
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Compliance

Serious money moves on reviewed rails.

Compliance is not only onboarding. It runs through beneficiary setup, payment purpose, screening, and the records finance needs later.

The review pathEVERY PAYMENT
01 CONTEXTKYB · CORRIDORS · PURPOSE
02 BENEFICIARYDETAILS · ROUTE · SETUP
03 SCREENINGSANCTIONS · RISK · GAPS
04 DECISIONPROCEED · CLARIFY · HOLD
05 RECORDEVIDENCE ON FILE
What compliance means here
Business onboarding
The business, ownership, expected activity, counterparties, corridors, and purpose, understood first.
Payment review
Beneficiary details, purpose, source of funds, amount, currency, and route reviewed where needed.
Screening and controls
Sanctions exposure, risk indicators, and information gaps checked before funds progress.
Evidence and records
References, context, and supporting records kept clearer for finance and follow-up.
Where review touches a payment

Six moments, stated in advance.

01Before activity startsKYB, expected activity, counterparties, corridors, and business purpose understood.
02Before beneficiary useBeneficiary details, account information, route, and payment context reviewed.
03Before payment releaseSanctions exposure, purpose, transaction context, amount, and route checked.
04If information is missingClarification requested before the payment proceeds, with the ask stated plainly.
05If a payment is reviewedTiming may be affected by the issue, route, provider, jurisdiction, and cut-off times.
06After payment activityReferences, evidence, and records support finance and supplier communication.
No shortcuts, no theatre

A controlled workflow does not mean every payment is instant or every route is always available. It means payment activity is handled with the right context, review, partner structure, and records.

Compliance means
✓Business context is reviewed
✓Payment purpose can matter
✓Beneficiary and route details can be checked
✓Supporting information may be requested
✓Records and evidence maintained where available
It does not mean
×Guaranteed settlement
×Instant processing on every route
×Every currency or country being available
×Compliance review being skipped
×One entity providing every regulated service everywhere
Prepare once

What KYB will ask of you.

Gather these before onboarding and review moves at reading speed, not chasing speed.

✓Company registration details
✓Ownership and director information
✓Nature of business
✓Expected corridors, values, and frequency
✓Supplier and customer details
✓Purpose of payments
✓Source of funds where required
✓Invoices, contracts, or trade documents where needed
The registrations behind it

Unicorn Currencies Limited is registered with FINTRAC as a Money Services Business (C100000159) and with the Bank of Canada as a Payment Service Provider under the Retail Payment Activities Act. In the UK, Unicorn Currencies Ltd is a corporate entity working through regulated partner arrangements where required; it is not a bank, EMI, or directly FCA-authorised institution.

Verify on the public registries →

Controls you can explain to your auditor.