Safeguarding Disclosure
Updated March 2025
We safeguard customer’s Relevant Funds within the scope of, and in accordance with the UK Electronic Money Regulations 2011 (EMRs) and the UK Payment Services Regulations 2017 (PSRs). Not all the jurisdictions where Currenxie operates require or allow this.
“Relevant Funds” are held in segregated accounts with authorised credit institutions to separate them from Currenxie’s own assets. In the event of insolvency, these funds are prioritised to meet customer claims before other creditors.
Our safeguarding arrangements include:
Receipt and segregation of Relevant Funds in designated safeguarding accounts.
Regular audits to ensure compliance with safeguarding requirements.
Reporting on safeguarding arrangements to the relevant authorities.
