Foreign Payments Ltd are required to identify all
Clients before transacting business with them.
For Private Clients the
regulations state that money transmission providers must keep (on file)
proof of identification and proof of address. All details are checked
through Equifax Credit Agency
Foreign Payments Ltd will require the following documentation from all
Private Clients
- Private Client
Registration form (completed and signed)
- Terms & Conditions (completed and signed)
- Clear copy of Passport
- Recent Utility Bill (we cannot accept mobile telephone bills)
Foreign Payments Ltd
require the following documentation from clients wishing to open a
Corporate Client Account
- Company Registration
Certificate
- Company bank account statements (for previous 3 months)
- A letter signed by a Director of the Company who is authorised to deal
with Foreign Payments Ltd
- Clear copies of Company Director's Passports (for Directors with 25%+
shareholding)
- Clear copies of Passports for all persons authorised to deal with
Foreign Payments Ltd
- Company Utility Bill (we cannot accept mobile telephone bills)
- The purpose of each transaction must be stated on all payments
All Money Payment
Services transactions are carried out through our nominated brokers.
Foreign Payments only release currency on receipt of cleared funds,
therefore our liability to rate fluctuation is minimal. This means we
can always offer our clients the most competitive rates.
Foreign Payments look to
maintain the highest industry standards at all times. Our commitment to
you includes confirmation of all deals as soon as they are transacted,
regular updates on all new services (and compliance matters) and a full
advisory service to help you with any information you may need before
and after your order is completed.
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