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FINANCIAL INSTITUTIONS AND PLATFORMS · BESPOKE BY PROFILE

Regulated institutions are admitted by committee, on named permissions.

This is not a business account with a higher limit. Institutional relationships are written against your licence, your jurisdictions, whose money moves, and the flow types we agree to carry. Every boundary is set before the first instruction.

ADMISSION BOARD · FIVE GATES
AUTO CYCLING
WHAT THIS GATE ASKS

Which regulator authorises you, which permissions you hold, and whether those permissions cover the flow you intend to run through us. Unlicensed money transmission is declined here.

EVIDENCE ON FILE
LICENCE OR REGISTRATIONPERMISSION SCOPEREGULATOR STANDING
FXP AT THIS GATE · CLEARED

Dealing or arranging permission evidenced, with the entity that faces the client named on the licence.

COMMITTEE OUTCOME · FXP
OUTCOME: APPROVED BY PROFILE · CLIENT DEALING AND HEDGING NAMED IN TERMS · LIMITS BY CORRIDOR
Illustrative. Gate outcomes depend on your permissions, counterparty profile and jurisdictions. Unlicensed money transmission is declined at gate 01. Instructions are accepted 24/7 with no cut-off. Settlement follows the receiving rail's operating schedule.

Profiles we write terms for.

LICENSED ENTITIES ONLY
FXPDEALING PERMISSION REQUIRED
FX firms and trading platforms

Client dealing and hedging flows where the platform is the counterparty of record.

DECIDED AT GATE 04Open →
REMMSB OR PI LICENCE REQUIRED
Remittance firms

Payout funding into local rails where customer funds must stay demonstrably separate.

DECIDED AT GATE 03Open →
BNKBANKING LICENCE REQUIRED
Banks and deposit-taking institutions

Institution to institution settlement and local currency reach where a chain is too slow.

DECIDED AT GATE 02Open →
CASPLICENCE OR REGISTRATION REQUIRED
Crypto-Asset Service Providers

Fiat legs for licensed providers only. We do not touch virtual asset settlement.

DECIDED AT GATE 01Open →
PSPPI, EMI OR MSB REQUIRED
PSPs and fintechs

Merchant settlement and platform payout runs under one approval chain.

DECIDED AT GATE 04Open →
PERMITTED USE ENVELOPE

Named flows in. Everything else declined at instruction.

Your terms list the flow types the account may carry. The envelope is set at admission and is enforced on the instruction, not discovered in a review months later.

Settlement of your own commercial and treasury flowPERMITTED
Payout funding into approved local railsPERMITTED
Client dealing and hedging legs named in termsPERMITTED
Merchant settlement for your own contracted merchantsPERMITTED
Onward provision of accounts to your clientsSEPARATE APPROVAL
Corridors outside the approved market listSEPARATE APPROVAL
Virtual asset settlement and on chain transferEXCLUDED
Pass through for unlicensed third partiesEXCLUDED
Own book speculation and proprietary position takingEXCLUDED

The account set an institution operates on.

REFERENCE
MARKETCCYRAILSSETTLEMENTPROOF
United KingdomGBPFPS · CHAPS · BACSInstant or same dayRAIL REFERENCE
EuropeEURSEPA · SEPA INST · TARGET2Instant or same dayRAIL REFERENCE
United StatesUSDACH · FEDWIRESame day or 1 to 2 daysRAIL REFERENCE
United Arab EmiratesAEDUAEFTS · IPPInstant or same dayRAIL REFERENCE
CanadaCADEFT · WIRESame day or 1 to 2 daysRAIL REFERENCE
180+ countries reachUSDSWIFT1 to 3 daysMT103 OR RAIL REFERENCE
Five Local Business Accounts. USD SWIFT to 180+ countries is reach, not an account. FX is executed at a pre-agreed FX margin set in your institutional terms.

Send us your permissions. We will tell you which flows we can carry.

Institutional relationships are priced bespoke by profile. A named specialist reviews your licence scope, funds model and corridors, and returns the permitted use envelope and the FX margin in writing before anything is signed.

Request institutional reviewCompliance and pricing pack →
GBP · EUR · USD · AED · CAD · APPLICATIONS OPEN GLOBALLY, SUBJECT TO APPROVAL
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