The registration of both companies and individuals is subject to regulatory checks. For companies, the KYC and ALM verification process typically takes no more than a week. If the company's structure and operations are complex, it may take slightly longer. For individuals, it can take anywhere from a matter of minutes to a few hours.

Unlike banks or intermediaries, at KEPAY we don't charge hidden fees and we offer very competitive exchange rates

Of course. The funds are protected by our partners, payment institutions regulated and supervised by regulators, such as Currencycloud, acquired by VISA Inc., regulated by the Financial Conduct Authority (FCA) in the UK, the DNB in Europe, and the New York State Department of Financial Services in the US. Funds deposited with Currencycloud through the KEPAY platform are held in a segregated account at Barclays Bank.

In most currencies, payments are processed the same day. Each customer has access through Kepay to track the status of their payment and will receive a payment confirmation email.

The liquidity provider that KEPAY works with, Currencycloud of the VISA inc group, is regulated and supervised for its operations in Europe by the DNB of the Netherlands, in the United Kingdom by the Financial Conduct Authority (FCA) and for the USA by the New York State Department of Financial Services.

Yes, that's correct. When converting currencies, you can choose the conversion date, which can be spot or future. If it's a future date, you can choose a date up to one year in advance. Since this transaction is not a MiFID II product, it cannot be a non-discounted transaction (NDF). Instead, the currencies bought or sold must be delivered on the agreed-upon date. This prevents potentially speculative transactions.