Compliance

We are regulated by the Financial Conduct Authority and fully compliant with global anti-money laundering and sanction screening laws.

We can even manage the 'Know Your Customer' processes - and because we provide the same levels of security and reliability as a bank, you can rest assured that your customer data is safe with us.

Regulatory Information

We are a highly regulated and prudently managed company - subject to a number of registration and regulatory frameworks from HM Government and across the European Union.

Registered Company

XEND is a trading name of Rational Foreign Exchange Limited, which is registered in England, Company number 05385999. Registered address is Level 32, One Canada Square, Canary Wharf, London, E14 5AB, U.K.

Trusted by thousands of Customers with over $10billion to date

We are trusted by thousands of satisfied customers who have transacted over $10 billion in foreign exchange transactions to date. Our clients range from corporates trading millions of GBP per week, to people sending a few hundred pounds, US dollars or Euros home every month.

Financial Conduct Authority

Under the Payment Services Regulations 2009, we are authorised by the Financial Conduct Authority (FCA), FRN No: 507958, for the provision of payment services.

HM Revenue and Customs

Under the Money Laundering Regulations 2007, we are registered as a Money Service Business (MSB) with HM Revenue & Customs, MSB No. 12206957. We have a full-time Money Laundering Reporting Officer (MLRO).

Client Funds held in Segregated Client Account

In line with our regulatory framework and consistent with good practice, all clients' funds are held separately in a segregated client bank account. Payments and transfers are not held by us and we earn no interest from holding onto client funds.

Data Protection

Under the Data Protection Act (DPA) 1998 we are registered with the Information Commissioner’s Office No. PZ8997024.

Online Security a very high Priority

Our online payments and money transfer system uses the same technologies as online banking for security. The server uses the secure web site protocol called SSL - which is indicated in the toolbar. Client data is transmitted in a secure way and all password data is encrypted.