Payment services for Alpine FX are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).
The FCA requires them to maintain standards across three areas. Currency Cloud meets all three of these standards which cover Capital Adequacy, Client Protection, and Robust Internal Risk Management.
Funds are safeguarded by our FCA-regulated e-money partners at a credit institution.
Monthly transfers sit at $3billion between some 180 countries using Currencyclouds’s 85 APIs, which cover areas such as inbound money collection, foreign exchange, outgoing payments, and digital wallet services managing multiple currencies and more.
When funds are posted to your account, e-money is issued in exchange for these funds, by an Electronic Money Institution who we work with, called Currencycloud. In line with regulatory requirements, Currencycloud safeguards your funds. This means that the money behind the balance you see in your account is held at a reputable bank, and most importantly, is protected for you in the event of Currencycloud’s, or our, insolvency. Currencycloud stops safeguarding your funds when the money has been paid out of your account to your beneficiary’s account.