Foreign Payments

Looking after all of your foreign
exchange needs.

Compliance

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 verified 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.