CrossVerge Solutions

Security

Your security is our first priority

We provided fast, reliable and secure currency transfers. We ensure that your money is sent safely and securely to your beneficiaries accounts. We adherence to all applicable regulatory requirements relating to both your personal data and the security of your funds.

CrossVerge Solutions uses the services of The Currency Cloud who provide and maintain the infrastructure and security of the service and online platform.
Our partner the Currency Cloud are authorised by the financial conduct authority under the electronic money regulations 2011.

Our partner and payment services provider Currencycloud has been acquired by Visa Inc.

The Currency Cloud has processed more than $50 billion in international payments and has transferred payments to more than 180 countries around the world.

CrossVerge Solutions use the Currency Clouds products and services to provide clients with a secure and specialist foreign exchange and international payments service

CrossVerge Solutions and our partner Currency Cloud take the security of your data and money very seriously

Safeguarding Funds

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.

Data Protection

We operate under the General Data Protection Act (GDPR) and hold any personal data in accordance with the principles of that act.

FCA Regulated Partners

Our payment services are provided by the Currency Cloud, authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 and the Payment Services Regulations 2017.

In the United States Currency Cloud operates in partnership with CFSB to facilitate payments in all 50 states. CFSB fully owns the bank program and services provided by The Currency Cloud Inc. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate 57129).

Online Platform Technical Security

Our Award winning online platform is ISO/IEC 27001:2013, for which the Currency Cloud is independently audited
This is the international best practice standard for information security management controls

Physical Security

Certified under a number of global compliance programmes which underlines best practices in terms of Data Centers used by banks and other financial institutions

Encryption

All network traffic is encrypted at a transport level and confidential information is encrypted. We used the best practices in terms of encryption key storage and security.

Network Security

We have dedicated systems in place to protect against distributed denial of service (DDoS) attacks as well as man-in-the-middle attacks. We use reputable registrars to protect against domain hijacking and “phishing” attacks.

Access Control

Our platform provides a role based hierarchical security model with two-step authentication and multi-factor authentication for sensitive systems. All access is logged and audited for suspicious behaviour.

Offering

We will exchange the currency at competitive bank beating exchange rates, with products best fitted to your requirements.

Corporate Foreign Exchange

If you’re paying salaries, importing and exporting, or just moving money from one account to another. Processing payments can be made easy.

Private Client Transfers

If you’re buying a property or goods abroad, sending funds back to the UK, emigrating or just simply making a one-off payment, we understand the importance.

Multi-Currency Account

Receive currency from your customers in to your own named collection account, using one account number for all currencies, in your own company or private name.