Founded in 2000 in NY, Day Forex has helped thousands of people move millions of dollars in foreign currency around the globe and established itself as a major participant in the foreign exchange market, serving both private individuals and businesses trading internationally.
Customers speak directly with the dealers who carry out their transactions, working together to secure the best rates possible within the customer’s time frame. The payments team will work to ensure all foreign transfers are made as quickly and efficiently as possible. A multilingual staff are on hand to liaise with the recipient of the funds (if necessary) to ensure the whole process is completed smoothly.
The company’s services have been endorsed widely in the media. Day Forex has been frequently featured in the national press, including the Financial Times, The Telegraph, Daily Express and The Observer, along with many specialist publications including Island Life, Living Spain and Everything Spain.
Payment Service Regulations
Day Forex is Regulated and Authorised by the Financial Conduct Authority (FCA) for the provision of payments services under our Firm reference 623689. Our authorisation can be checked on the FCA register.
What does this mean?
• We have demonstrated and proven the measures in place to ensure security of our clients funds
• We have met stringent solvency tests
• We have demonstrated our compliance with consumer based policies such as our complaints procedure and data protection policies.
At Day Forex protecting our customers’ funds is of paramount importance. That’s why we take the most stringent precautions to make sure we comply with UK and International legislation regarding the safe guarding of funds, money laundering, terrorist financing, banking security and data protection.
Security of funds
Day Forex operates a client account system which protects any funds in these accounts against any liabilities that Day Forex may have.
Day Forex is registered and fully compliant with HM Revenue and Customs anti-money laundering policy and guidelines, www.hmrc.gov.uk/MLR/ registration number 12778822. This includes stringent personal and corporate ID checks for the safety and security of our business and its customers.
Day Forex complies with guidelines issued by the Office of Foreign Assets Control (OFAC) to ensure that monies are never paid into terrorist operated accounts. We operate a strict due diligence check for other high risk countries. Any suspicious transactions are immediately reported to the relevant authorities.
Day Forex is registered under the Data Protection Act.