Your money in safe hands
You can be safe in the knowledge that Optimal Currency will ensure the safety and security of your International Transfers. We are fully Authorised and Regulated by the Financial Conduct Authority (FCA) for the provision of payment services and for compliance with the Anti Money Laundering (AML) regulations. As an Authorised Payment Institution (API) we hold the highest level of authorisation in the UK for making your payments. It also means we comply with strict rules on how we conduct our business, treat our customers and secure and protect our customers funds and sensitive data. Optimal Currency’s Firm Registration Number (FRN) with the the FCA is 830790 and you can find us and information about us on the FCA Register
Frequently asked questions
Yes. Optimal Currency is an Authorised Payments Institution under the Payment Services Regulations 2017. If you want to find more information please visit the FCA’s website, they’re the UK regulator for currency brokers.
Your funds are always secured at Optimal Currency. In the vast majority of cases, client payments are made the same day that the funds are received and you will have confirmation that your currency is on the way. In cases where we have to hold your funds for longer, such as the margin deposit for a Forward Contract, then your funds are held in a separate client account for your benefit only. Should for any reason Optimal Currency cease trading, client funds would be returned.
Payments from third parties are generally not acceptable due to the strict regulations we adhere to. There are several circumstances such as receiving the proceeds of a property sale from Solicitors or Notary’s that are absolutely fine. Be sure to chat with your dedicated broker before you send funds to us just be on the safe side, we don’t want to delay your payments unnecessarily.