Please read these terms carefully before using our services. These terms constitute a legally binding agreement between you and Unicorn Currencies.
Capitalised terms are defined in Schedule A at the end of this document.
These Terms & Conditions (the "Agreement") are between Unicorn Currencies Ltd and Unicorn Currencies Limited, trading together as "Unicorn Currencies" ("we", "us", "our"), and you, the customer ("you", "your"). Unicorn Currencies provides services in partnership with FCA‑authorised payment‑service providers (collectively, "our partnered service providers").
By opening an account, using our website, APIs, business tools or any service described below, you agree to be bound by this Agreement.
We may amend this Agreement at any time. We will notify you of any change by email or in‑platform message, and your continued use of the Services after such notification constitutes acceptance.
| Service | Short description |
|---|---|
| Multi‑Currency Account | Hold, convert and pay in 40+ currencies; local virtual account details in selected markets. |
| International Money Transfers | Spot FX payments and same‑day / next‑day payouts to 195+ countries. |
| FX Contracts | Spot, forward, market orders; margin requirements apply to forwards. |
| Collection Accounts | EUR, GBP and multi‑currency virtual IBANs / sort‑codes for inbound client funds. |
| Free Business Tools | IBAN & SWIFT validators, VAT calculator, live FX‑rate widgets, invoicing tool. |
| APIs & Bulk‑Payment Platform | Programmatic access for payout automation and reconciliation. |
Payment services are executed by our partnered service providers, each authorised by the UK Financial Conduct Authority (FCA) as a Payment or E‑Money Institution.
Unicorn Currencies is registered with FINTRAC (Canada) as a Money‑Service Business, registration no. C100000159.
Client money ("Relevant Funds") is held in segregated safeguarding accounts with tier‑one banks, separate from our partners' own funds and not subject to the UK FSCS deposit‑guarantee scheme.
This Agreement and any non‑contractual obligations are governed by the laws of England & Wales. The English courts have exclusive jurisdiction.
You must be 18+ (or incorporated, if a company), able to form a binding contract, and reside or be established in a permitted jurisdiction.
You must supply all information we reasonably request for identity verification, ongoing due‑diligence and transaction monitoring.
Keep login credentials, API keys and 2FA devices secure. Notify us immediately at info@unicorncurrencies.com of any suspected breach.
We may set funding, payment or FX‑transaction limits (and adjust them) based on risk or regulatory considerations.
We must receive cleared funds before executing spot transfers or settling forward contracts.
Exchange rates are quoted live and fixed when you confirm the trade. Forwards require an initial margin deposit (typically 10%) plus variation margin if market moves exceed agreed tolerance.
Major currency transfers settle same day; others by end of next Business Day, subject to cut‑off times and compliance checks.
We may reverse or recall payments if required by law, a payment scheme, our partners or to correct errors.
Pricing is detailed in your Fee Addendum or displayed before you confirm each transaction.
We may deduct fees, reversal charges or unpaid margin directly from your account balance or any incoming funds.
Fees are exclusive of VAT or other indirect taxes, which you must pay where applicable.
You must use the Services only for lawful transfers and not for gambling proceeds, arms trade, sanctioned entities, or other prohibited activities listed on our website.
You are responsible for ensuring beneficiary details, references and amounts are correct.
Where you send or receive funds on behalf of end customers, you warrant that you have lawful grounds to share their personal data with us and have met all privacy‑law disclosure requirements.
Platform uptime target is 99.5% per calendar month, excluding scheduled maintenance (outside UK business hours) and force‑majeure events.
Contact info@unicorncurrencies.com or +44 020 8064 0818 (24×7). Calls/e‑mails may be recorded for training and dispute resolution.
Except for fraud or wilful misconduct, our aggregate liability in any 12‑month period is limited to the total fees you paid in that period (or, for a specific trade, the gross amount of that trade).
Neither party is liable for indirect, consequential or loss‑of‑profit damages.
You indemnify us and our partnered service providers against losses arising from your breach of this Agreement, fraud or misuse of the Services.
Either party may terminate at any time by giving written notice to the other.
We may suspend or terminate immediately for material breach, suspected fraud, insolvency, or regulatory instruction.
Upon termination you must pay all sums due, including outstanding margin; we will return any remaining safeguarded funds net of fees and charge‑backs.
Each party must keep the other's non‑public information confidential, using the same care as it takes with its own (but at least reasonable care).
Unicorn Currencies is a data controller for KYC purposes and a data processor when handling your customers' data. Processing is governed by our Data Processing Addendum.
Our full privacy notice is available at https://www.unicorncurrencies.com/privacy‑policy.
© 2022 Unicorn Currencies Ltd & Unicorn Currencies Limited – All rights reserved.
If you have any questions about these Terms & Conditions, please contact us:
Silverstream House, Fitzroy St, London W1T 6EB, UK
These terms are effective immediately upon posting. Continued use of our services after any changes constitutes acceptance of the modified terms. We recommend reviewing these terms periodically for updates.
© 2022 Unicorn Currencies Ltd & Unicorn Currencies Limited – All rights reserved.