Funds safety

When buying or selling currency through the Britline International Payments Service, your funds are held either in pooled client trust bank accounts or are held at one of our partner's counterparty brokers as cash in transit or collateral to meet obligations relating to clients’ trades. Funds can be used to fulfil the contractual obligations of their clients but will never be anywhere other than:

  1. In the segregated client accounts.
  2. With their banking counterparties.
  3. In transit, i.e. being sent.

For UK clients, Britline International Payments Service is provided by HiFX Europe Limited. HiFX is a limited company registered in England and Wales. Registered number: 3517451. Registered office: Maxis 1, Western Road, Bracknell, Berkshire, RG12 1RT. HiFX Europe Limited is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017, registration 462444, for the provision of payment services.

For EEA clients, Britline International Payments Service is provided by XE Europe B.V.. XE Europe B.V. is a limited company registered in The Netherlands with company no. 72587873, and registered office at Rozengracht 12,1, 1016NB Amsterdam, The Netherlands. XE Europe B.V. is authorised by the Dutch Central Bank (De Nederlandsche Bank) under the Payment Services Directive II, license number R149006 for the provision of payment services.