Is Apex Currency safe?

Whether you're a business or an individual sending money globally, Apex Currency offers competitive exchange rates and a knowledgeable team to assist you according to your needs. However, when dealing with money, safety is paramount. So, the crucial question remains: Is using Apex Currency safe?

Yes, absolutely! Apex Currency exclusively partners with regulated partners in every jurisdiction where we operate our services. This ensures that all our operations adhere to local and global regulations aimed at safeguarding customers' funds at all times.

Is Apex Currency protected under FSCS?

It's important to note that Apex Currency, along with our partners, is not a bank and therefore not covered by the FSCS (Financial Services Compensation Scheme). Instead, we ensure the safety of our customers' funds through safeguarding. Below, we will delve into how safeguarding operates and its differences from the FSCS.

How are my funds safe with Apex Currency?

Apex Currency and our partners are not covered by FSCS protection. Instead, our partners are Electronic Money Institutions or Authorised Payment Institutions. This means all client funds are held with top-tier financial institutions such as Barclays and Natwest.

Safeguarding customer funds ensures that client funds are not held in Apex Currency's or our partners' own operational accounts. This prevents these funds from being used for the day-to-day operations of Apex Currency or our partners' businesses at any point in time.

Is my account with Apex Currency Safe?

Accounts with Apex Currency are secure, equipped with multiple safety measures designed to protect our customers and their funds.

Firstly, before accessing any services provided by Apex Currency, all customers, whether businesses or individuals, must undergo verification checks in accordance with industry legal and regulatory standards. This ensures that accounts are not used for illegal or fraudulent activities. Once your account is verified, every time you log in, you'll need to complete Two-Factor Authentication (2FA) to enhance account security. After successfully logging in, you'll have full access to review your account, previous and pending transactions, multi-currency balances, and more.  

You also have the option to add company members to your account, which is ideal for larger companies with multiple individuals managing company payments. You can assign different levels of permissions to each user. For instance, one user can have view-only access to monitor transactions and fund movements. Another user can be authorized to add new beneficiaries and set up payments. A third user may have administrative rights to approve all activities and manage user additions or removals as needed.

Manage your international payments with Apex Currency

If you're seeking a straightforward and cost-effective method to transfer funds globally, Apex Currency could be an ideal choice.

You can easily open your account on our website and access all the tools needed to manage or grow your business globally, including settling international bills and invoices. Whether you need to send or receive multiple currencies, our fully regulated partnerships ensure your funds' security, while offering competitive exchange rates.

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