About Us: Security
Key Facts | Meet The Directors | Security
Tor Currency Exchange Ltd ("TorFX") was established in 2004 and our company registration number is 5193147.
The business is profitable, has no debt and continues to grow strongly, with turnover exceeding £600,000,000 in 2010. In 2008 we achieved second place in the Sunday Times Fasttrack 100 awards, and again in 2010 we were awarded 23rd place.
 |
TorFX is authorised and regulated by the Financial Services Authority under the Payment Service Regulations 2009 for the provision of payment services. Our FSA number is 517320. To verify our authorisation, you can visit the FSA Register and search by typing in our FSA number. |
Firms authorised by the FSA under the PSR's are required to;
- safeguard client funds in accordance with the regulations
- maintain a defined level of regulatory capital at all times
- apply stringent governance and risk management procedures throughout the business
|
TorFX operates segregated client accounts with Barclays Bank PLC in accordance with FSA rules on the safeguarding of client funds. These arrangements are independently verified by our auditors. |
TorFX is licensed as a money transmitter by HM Revenue and Customs. Our MLR number is 12191606.
TorFX is a member of the UK Money Transmitter’s Association.
