Integrity, transparency and honesty are the cornerstones of our business. We are fully licensed in all the jurisdictions that we operate in, which now includes South Africa.
Mercury Foreign Exchange Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuance of electronic money (FRN: 900858). As an authorised electronic money institution, we are required to hold all client funds for money remittance in client trust accounts with our banking providers.
These funds are segregated and not held with any company funds. Mercury Foreign Exchange is permitted to offer money remittance services in all EEA states. Should you wish to check our regulatory status, please see the FCA Register here.
As a Money Service Business, Mercury Foreign Exchange is registered with HM Revenue and Customs (MSB No 12290784) and must adhere to UK anti-money laundering legislation.
Mercury Asia Limited is regulated by Customs and Excise Department, Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance (Licence No. 16-05-01852) and other relevant ordinances.
We maintain client segregated bank accounts locally in Hong Kong with major providers to safeguard deposited funds.
Mercury is regulated and licensed by the FSCA as an authorised Financial Services Provider (No. 46875).
All transactions are executed in the client's name with an Authorised Dealer (Mercantile Bank or Investec Bank).