Know your client
We verify every client, its licences, directors and beneficial owners before any transaction.
Vancouver · Hong Kong
Foreign exchange and payments for licensed businesses in specialist sectors
We specialise in sectors many providers decline, and we can do so because our controls are built for them: sector-specific onboarding, enhanced due diligence and screening on every payment.
Who we serve
Sectors we specialise in
Licensed and regulated businesses that many providers decline as a category. We assess each business on its licences, ownership and controls, with onboarding built for its sector.
Industry
iGaming
Licensed operators, platform suppliers and affiliates moving treasury, supplier and commission flows.
Industry
CFD and FX brokers
Regulated brokers paying liquidity providers, technology vendors and introducing brokers.
Industry
Adult entertainment
Platforms, studios and creator businesses that verify age and consent.
Industry
Defence and security
Manufacturers and contractors paying suppliers under valid export authorisations.
Industry
Offshore and holding
Holding, trading and investment entities in international financial centres.
Industry
Import and export
Importers and exporters paying and receiving in foreign currencies.
Our controls
Why we can serve these sectors
Stronger controls are what allow us to specialise in sectors that others avoid. They apply to every client and every payment.
Sanctions checks
Clients, owners and beneficiaries are screened at onboarding and on every payment.
Expected activity
We review payments against the activity you told us to expect, and follow up on anything unusual.
Services
What we do
One team, familiar with your structure and your industry, handles all four services.
Foreign exchange
Spot conversion between EUR and major and regional currencies, priced on the day and confirmed in writing before you fund.
International payments
Outbound payments to suppliers, service providers and related entities, each recorded with its purpose and supporting documents.
Collections and payouts
Collections and scheduled payouts for businesses that pay many parties, such as affiliates, creators or trust beneficiaries.
Digital asset conversion
Conversion between fiat currency and major digital assets for verified clients, with wallet verification and on-chain screening.
Why CCYFX
What you can expect from us
How we work with every client, whatever its sector or structure.
Sectors
Onboarding built for your sector
Licensed gaming, brokerage, adult entertainment, defence and offshore structures are assessed on their licences, ownership and controls by people familiar with them.
Structures
Every layer documented
Holding companies, trusts and foundations are documented through each layer to the individuals at the top.
People
A named contact
One person who knows your structure, your sector and your payment calendar.
Pricing
Rates confirmed in writing
You see the rate and any fees in writing before you fund a trade.
Entities
One login for every entity
Switch between entities, with user roles and dual authorisation.
Documents
A document list for your structure
Requirements written for your entity type, jurisdiction and sector, rather than a generic form.
Examples
Structures we are built for
Three illustrative scenarios showing how the service is designed to work.
A BVI holding company paying European suppliers
- Situation
- Owned through a Cayman trust, with directors in two countries. Each payment needs to show its purpose and the structure behind it.
- Our approach
- We document the structure once, from the trust through to the individuals who control it, and agreed the expected payment pattern in advance.
- What you get
- Monthly EUR and USD supplier payments, each carrying its purpose and invoice, with one named contact.
An Isle of Man operator paying affiliates in seven currencies
- Situation
- Processor settlements arriving in EUR, and monthly commissions due to dozens of affiliates worldwide.
- Our approach
- We convert settlements into the currencies required and run monthly payouts, with every affiliate verified and screened.
- What you get
- One file each month, every payee screened before release, and a statement for the finance team.
A Delaware LLC owned by a Cook Islands trust
- Situation
- Investment payments in USD, distributions in CHF and NZD, and a professional trustee giving instructions.
- Our approach
- We onboard the LLC and the trust together, with the trustee’s authority checked against the deed.
- What you get
- Investments and distributions paid on trustee instruction, under dual authorisation.
Illustrative scenarios. They do not describe specific clients.
Interactive demo with sample data. Not live rates or real clients.
Structures
Complex ownership, properly documented
International companies, trusts and fiduciaries are often entirely legitimate and still find banking difficult. We document each structure once, thoroughly, at every layer.
International companies
IBCs, exempted companies and LLCs used for holding, trading and investment.
Trusts and foundations
Discretionary and fixed trusts, private trust companies and foundations.
Fiduciaries and CSPs
Licensed trustees and corporate service providers with client portfolios.
Family offices
Single and multi-family offices managing cross-border wealth.
Who we onboard
Onshore and offshore
Operating companies in Canada, the United States, the UK and the EU; holding companies and trusts in international financial centres; licensed operators in the main iGaming hubs.
Onshore
Canada, United States, United Kingdom, Cyprus, Malta, Poland and the wider EU
International financial centres
Cayman Islands, British Virgin Islands, Nevis, Cook Islands, Isle of Man
iGaming hubs
Malta, Gibraltar, Curaçao, Isle of Man, Kahnawake and Ontario
Canada
Federal and provincial corporations
View profile
United States
Delaware and Wyoming LLCs and corporations
View profile
United Kingdom
Private limited companies and LLPs
View profile
Malta
EU companies and MGA licensees
View profile
Cayman Islands
Exempted companies, funds and trusts
View profile
British Virgin Islands
BVI business companies
View profile
Isle of Man
Companies and gaming licensees
View profile
Curaçao
Curaçao gaming licensees
View profileOffices
Vancouver and Hong Kong
Our head office in Vancouver handles onboarding and operations. Our Hong Kong sales office looks after client relationships across Asia.
Head officeVancouver
--:-- local timeHead office. Client onboarding and operations.
Office 13B, Suite 2901275 Venables Street
Vancouver, BC V6A 2E4
Canada
Sales officeHong Kong
--:-- local timeSales office. Client relationships across Asia.
1603, 16/F The L. Plaza367-375 Queen’s Road Central
Sheung Wan
Hong Kong
How it works
From application to first payment
Onboarding takes the most time, and we do it once, thoroughly. After that, each payment follows the same short routine.
- 1
Apply
Tell us about the entity, its owners, its industry and the payments you expect to make.
- 2
Due diligence
We verify the entity, its licences, its controllers and beneficial owners, and the source of funds.
- 3
Agree a rate
Request a quote from your named dealer. Once you accept, we confirm the booking in writing.
- 4
Send funds
Fund the trade from an account held in your own name.
- 5
We pay out
We screen the payment, release it to the beneficiary and send you a confirmation.
Introducers
For fiduciaries, advisers and corporate service providers
Refer client structures to a payments partner that understands them. We keep you informed through onboarding and respect your relationship with each client.
One process
Consistent onboarding
The same clear document requests for every structure you introduce.
Visibility
Status updates
With your client’s consent, we keep you updated at each onboarding stage.
Direct line
Named contact
One person at CCYFX who knows your portfolio.
Our checks
Independent due diligence
We carry out our own checks on every client you introduce, separate from yours.
Questions
Common questions
Who can open an account with CCYFX?
Companies, trusts, foundations and other entities, including licensed businesses in iGaming, brokerage, adult entertainment and defence. Every client must pass our due diligence, including verification of beneficial owners and, where relevant, licences.
What kind of company is CCYFX?
A boutique Canadian foreign exchange and payments house, with its head office in Vancouver and a sales office in Hong Kong. CCYFX is a Money Services Business, not a bank.
How long does onboarding take?
It depends on the structure. A single-layer company with a complete document pack moves faster than a multi-layered trust structure. When you apply, we give you a document list and an estimated timeline for your structure.
What currency do you price in?
Our base currency is EUR. We quote conversions between EUR and other major currencies, and between other currency pairs on request.
Insights
Guides for complex businesses
Practical answers to the questions businesses ask most, from preparing an onboarding pack to identifying beneficial owners.
Onboarding · 9 min read
Opening a payments account for an offshore company: the document checklist
A full checklist for opening a payments account for an offshore company: corporate records, ownership, people, source of funds, purpose and common delays.
Compliance · 10 min read
Beneficial ownership in multi-layer structures: the 25% threshold explained
How the 25% beneficial ownership test works through holding companies, trusts and nominees, with worked examples and what happens when no one qualifies.
iGaming · 9 min read
Payments for licensed iGaming businesses: what providers look for
How payment and FX providers assess licensed iGaming businesses: business versus player flows, licences, group structures, affiliates, policies and documents.
Open an account
Tell us about your business
Apply online in about ten minutes. We will reply with the documents your structure requires and an indicative timeline for onboarding.