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We are fully accredited international money transfer experts

We are licensed and registered with all the correct regulatory institutions.

1st Contact Forex is licensed and registered with all the relevant regulatory institutions. We are registered with HM Revenue & Customs in the UK as a Money Services Business (MSB registration number 12148630) and we also hold an MLR number (12585156).

We're also registered and authorised by the Financial Conduct Authority (previously known as the Financial Services Authority or FSA) as an Authorised Payment Institution (authorisation number 517570).

We're licenced for Australia and South Africa. In South Africa, we have an FSB licence (FSP licence number 41900). Our Australian Financial Services Licence (AFSL number 335126) was issued by ASIC.

In Hong Kong we trade through our sister company, Sable FX (Hong Kong) Limited, which is incorporated in Hong Kong under the Companies Ordinance (registration number: 2207355).

We meet all of the required capital and liquidity requirements required by prudential regulation. We also stand under the financial controls and KYC (Know Your Customer) policies and procedures of our corporate bankers and regulatory institutions.

As an FCA Authorised Payment Institution it is our responsibility to segregate funds. Where we are required to segregate your funds. We do this by placing the funds in a segregated account (known as a "safeguarding account") at Barclays Bank PLC.

We are not covered by the Financial Services Compensation Scheme. Instead, where we have segregated your funds in a safeguarding account, it means those funds would be separated from our other assets in the event of our insolvency and used to repay you and other clients.

Barclays Bank PLC provides us with safeguarding account(s), but does not monitor the funds we place in them or how we operate these accounts.

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