What it does
Currencycloud in four products.
01
Collect
Named virtual accounts for a client's customers: local collection in USD, EUR, GBP and CAD, and SWIFT collection in 32 currencies.
02
Convert
FX at rates close to the mid-market rate. The client sets its own markup and keeps the margin.
03
Pay
Payouts in 36 currencies to more than 180 countries, by local rails or SWIFT, with SWIFT gpi tracking.
04
Currencycloud Direct
A ready-made payments platform a client can launch under its own brand instead of building on the API.
Who uses it
The companies that build on Currencycloud.
Types of client
- Banks
- Fintechs
- FX brokers
- Platforms reselling payments under Currencycloud's licences
Accounts on Finzil that use Currencycloud
bunq BusinessForeign-currency accounts held through Currencycloud
FyorinEEA IBANs provided by Currencycloud B.V.
ANNA MoneyDedicated Currencycloud IBAN for foreign payments
Trusted Novus BankCurrencycloud IBAN for other currencies
LumonPayments through Currencycloud and Visa
Revolut BusinessNamed by Currencycloud as a client
Starling BankCurrencycloud case study
Paysend BusinessPartnership announced by Currencycloud
Other clients Currencycloud names
- Standard Bank
- HSBC Zing
- Pyvio
- Finyoz
- TangoPay
Coverage
Where the money can go.
- Payout currencies
- 36
- Payout countries
- More than 180
- Local collection
- USD, EUR, GBP, CAD
- SWIFT collection
- 32 currencies
- Payment rails
- Faster Payments, SEPA, ACH, SWIFT
Licences
Every Currencycloud licence.
| Country | Licence | Company and number |
|---|---|---|
 United Kingdom | E-money institutionFinancial Conduct Authority | The Currency Cloud Limited900199 |
 Netherlands | E-money institutionDe Nederlandsche Bank | Currencycloud B.V.R142701 |
 Canada | Money services businessFINTRAC | The Currency Cloud LimitedM14700991 |
 Singapore | Major payment institutionMonetary Authority of Singapore | Currencycloud Pte LtdRegulator's notice |
 Australia | Financial services licence (wholesale clients)ASIC | Visa Australia Services Pty Ltd536093 |
 United States | Money transmitter licencesState regulators and New York DFS | Visa Global Services Inc.NMLS 181032 |
| United States | Money transmitter licencesState regulators | The Currency Cloud Inc.NMLS 1428924 |
For your business
Your foreign-currency account may run on Currencycloud.
Several accounts on Finzil use Currencycloud for currencies other than their own. Three things to check:
Look at the BIC
Currencycloud's UK BIC is TCCLGB3L. If your EUR or USD account details show it, that money sits with Currencycloud, not with the app.
Know what is protected
Currencycloud is an e-money institution. Money held there is safeguarded, kept apart from Currencycloud's own, but not covered by a deposit guarantee.
Keep a second account
Two apps on the same partner can fail together. A second account issued by a different institution keeps salaries and suppliers paid.
FAQ
Your questions, answered.
Can my company open an account with Currencycloud?
No. Currencycloud sells to banks, fintechs and FX brokers, and every “Get started” button leads to a sales form. Businesses use it through an account built on it, such as bunq Business or ANNA Money.
Who owns Currencycloud?
Visa. Its pages call it “a Visa solution”, and its US and Australian services are provided by Visa companies.
Is money held with Currencycloud protected?
Currencycloud is an e-money institution in the UK and the Netherlands. Customer money is safeguarded, which keeps it separate from Currencycloud's own. It is not a bank deposit and is not covered by the FSCS or a deposit guarantee scheme.
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