Foreign Exchange Regulations and Security is paramount as a foreign exchange and money service business, Excel Currencies are registered by HM Customs and Excise in association with SOCA (Serious Organised Crime Agency). SOCA is responsible for dealing with financial information concerning suspected proceeds of crime in order to counter money laundering or any suspicious activity. It is now a regulatory requirement that all institutions transmitting funds on behalf of others are registered to these organisations.
The regulations now in force are there to protect both the client and the company executing the transfer on behalf of the client.
Excel Currencies is fully compliant with the regulations and our money service business registration number is: 12190705