SECURITY OF FUNDS

ARE MY FUNDS SECURE WITH CAPITAL IFX?

Here at Capital we understand the importance of security of client funds. Regardless of the process of moving funds, there is always a risk; at Capital IFX, however, we undertake market leading initiatives to ensure that our clients’ funds are as safe as possible.

YOUR SAFEGUARDS INCLUDE THE FOLLOWING:

1. Capital IFX run two types of accounts: client accounts and business accounts. All of our accounts are held with Barclays. Further details of our bankers can be found by clicking here.

2. Client Accounts – All clients’ monies are kept in trust for the purpose of dealing on behalf of clients and are monitored strictly by our accountants and auditors. Furthermore, we require the authority of your nominated signatory before we execute instructions to our bankers.

3. Business Accounts – Our business account is used only for the day to day running of the business, meaning our operational accounts are kept completely separate to the accounts held in trust for our clients.


Capital IFX is monitored by HM Customs and Excise under the provision of the Money Laundering Regulations 2008. This requires companies to have full details of their customers and to have documented records of all their transactions. We therefore have to comply with all instructions supplied by our customers on their deal tickets. Because Capital IFX sends out your funds by Express TT, your monies should be within your designated account within 24 hours. However, your funds usually appear in your account on the same day if we send your funds before 1pm. This applies to US and European Bank accounts only. If, however, your bank uses a third party correspondence bank, this may take up to three days. Usually, this only applies to very small banks and banks in developing countries. Capital IFX is a multi-million pound business that is built on the strength of our relationships and the integrity of our corporate ethos. Our growth is the result of exceeding the expectations of our clients and their referral of us to their friends and associates.