You contract us to receive funds and we move them in accordance with your instructions but only after we have completed our own in-house compliance on you; and each and every individual in the process.
We check out the payee and the payments to ensure that all are in order; and then place the funds in your safeguarding account until you make further payments. At this point you upload an invoice, fill in the payment details and press “Send”, whilst we check the details before sending the payment on its way.
Your funds are held in your named IBAN account, which is titled as you wish it to be. These accounts may be in GBP or Euro.
TWO PARTY AUTHORISATION
Our independent dual authorisation process enables us to hold funds sent from a purchaser which are only released to the seller, when the purchaser and seller have confirmed that the contract is completed to the satisfaction of both parties.
We carry out background checks on all individuals and corporations to ensure compliance with the UK Anti-Money Laundering regulations, and Countering Financing Terrorism regulations. This protects you and us.