GCEN, Due Diligence information

GCEN, (Global Currency Exchange Network Limited) have a dedicated team of experienced professional foreign currency traders ready and able to provide a first class, quality service to all our clients.

 

GCEN is fully authorised by the FCA to provide payment services as an Authorised Payment Institution (API).

Since 1st November 2009, the Payment Services Regulations (PSR) were put into force by the Financial Services Authority (FSA). The PSR require that non-bank payment service providers, such as GCEN, need to be either registered with, or authorised by the FSA (Now FCA). These regulations are designed to ensure customer protection.

Authorised Payment Institutions, including GCEN, are required to safeguard client funds held in relation to an electronic payment.

GCEN have to meet stringent criteria set by the FCA in terms of corporate governance, solvency, risk identification and management.

GCEN is fully authorised by the FCA to provide payment services as an Authorised Payment Institution (API), under the Payments Services Regulations 2009.

You can search the list of FCA authorised payment service companies at http://www.fsa.gov.uk/register/psdFirmSearchForm.do

The FCA number for GCEN is 504346 and the HM Revenue and Customs Anti Money Laundering Registration Number is 12137189.

GCS is authorised and regulated by the FCA and holds Part IV Permissions under the FMSA 2000, under Registration Number 595875.

If you require a hard copy of our Due Diligence Package, please make a request HERE.