Authorisations & approvals

VertoFX Ltd is authorised by the Financial Conduct Authority as an Electronic Money Institution under the Electronic Money Regulations 2011. Our FCA Firm Reference number is 901073.

VertoFX Inc operates in the USA through a partnership with Global Innovations Bank a federally insured financial institution, to which VertoFX Ltd is a service provider. Charter #1856, FDIC Cert #5175.

VertoFX Inc is registered with FinCEN under Registration Number 31000206794359.

VertoFX Ltd (UK) is authorised as an International Money Transmission Operator (IMTO) by the Central Bank of Nigeria (CBN), with approval for in-bound person-to-person, business-to-person & business-to-business transaction types.

VertoFX Ltd has a partnership with UBA Kenya that is licensed and regulated by the Central Bank of Kenya to provide Cross Border Collection and Payment Services in East Africa. The partnership has been approved by the Central Bank of Kenya.

Verto SA (PTY) Ltd (2021/837445/07) is regulated as an authorised Financial Services Provider (FSP-52835) by the Financial Sector Conduct Authority (FSCA).

Payment services for VertoFX Ltd are provided by CurrencyCloud B.V. Currencycloud B.V. is authorized by De Nederlandsche Bank (DNB) for the issuing of electronic money with Relation number DNB: R142701.