CurrencyIndex Compliance

In order to make sure of the utmost security for all of our clients, we are registered with HM Revenue & Customs as a Money Service Business. Our registration number is 0000012358614.

In order to comply with HM Revenue & Custom’s Money Laundering Regulations all our clients must provide ID information before they can transmit funds using our services.

Business Clients

We can perform an Online ID check for the nominated contact, however there are many reasons that Online ID checks are not suitable for all clients, including non-UK residents or simply living at an address for a short period. Fortunately there is a simple alternative – Certified ID Documentation. In addition we require Business ID for all Limited companies.

Below are the details of what is required:

Certificate of Incorporation – We require a certified copy of this certificate.
Proof of Address – We also require a piece of your company letterhead.
List of Directors/Shareholders – On the company letterhead, we require a list of the beneficial shareholders who own more than 25% of the company and a list of the company directors (this can be hand written).
VAT Registration Number – On the company letterhead we also require your VAT registration number if you are VAT registered.

Certification is a simple, but very precise process. It is basically a written statement on the ID document, provided by a third party, whose occupation authorises them in the eyes on HMRC to confirm the ID is valid. Please make sure you get the following statement written exactly as it appears below, and that all of the required fields are completed (a seemingly small variation or omission from the below could result in the ID being classed as invalid and hence a new set being required):

Required Statement

Certificate of Incorporation – “I certify that this is a true copy of the original”

Required Information

Certifier’s Printed Name
Certifier’s Signature
Certifier’s Profession
Certifier’s Address
Certifier’s Telephone Number
Date of Certification

Authorised Certifiers

Family GP
Accountant
Civil Servant
Teacher
Solicitor
Notary
Post Office branch employee
Employer

Once you have your fully certified ID, please post it to the following address, with your Currency Index account number clearly stated:

FAO: MLR Officer
The Stables
Forge Mews
14-16 Church Street
Rickmansworth
Hertfordshire
WD3 1DD

ID documentation must be provided by post. Emailed and faxed copies are not accepted.

If you have any queries, please give us a call on 0800 043 2623.