Know your client
We verify every client, its licences, directors and beneficial owners before any account details are issued.
Vancouver · Hong Kong · FINTRAC-registered MSB
Accounts and global payments for businesses in specialist sectors.
We open named EUR, GBP, USD and CAD accounts for businesses that often struggle to keep a bank account, and we look after the FX and payments that go with them. Every client is onboarded properly, and every payment is checked before it leaves.
Specialists iniGamingCFD and FX brokersAdult entertainmentDefenceOffshore and holdingTrusts and family offices
Your accountsMeridian Holdings Ltd
Account in your nameEuro
EUR- Account name
- Meridian Holdings Ltd
- IBAN
- XX00 •••• •••• •••• 2041
- BIC
- ••••XX00
- Receive by
- SEPA · SWIFT
Typical arrivalSame or next business day
Account in your nameBritish pound
GBP- Account name
- Meridian Holdings Ltd
- Account no.
- •••• 2041
- Sort code
- ••-••-••
- Receive by
- Faster Payments · CHAPS · SWIFT
Typical arrivalUsually within minutes
Account in your nameUS dollar
USD- Account name
- Meridian Holdings Ltd
- Account no.
- •••• •••• 2041
- Routing no.
- •••••••••
- Receive by
- ACH · Fedwire · SWIFT
Typical arrivalSame day to 2 business days
Account in your nameCanadian dollar
CAD- Account name
- Meridian Holdings Ltd
- Account no.
- •••• 2041
- Transit / inst.
- ••••• / •••
- Receive by
- EFT · Lynx · SWIFT
Typical arrivalSame day to 2 business days
On-chainStablecoin settlement
USDC- Account name
- Meridian Holdings Ltd
- From wallet
- 0x8f3a…c41e
- Ownership
- Verified
- Networks
- USDC · USDT on-chain
Typical arrivalMinutes once confirmed
Sample details. Your own are issued after onboarding.
Payment networks
- SWIFT
- SEPA
- Faster Payments
- CHAPS
- ACH
- Fedwire
- EFT
- Lynx
- USDC
- USDT
What we do
What we do
Accounts, FX, payments, payouts and stablecoins. One team handles all of it, so you are never passed from desk to desk.
01Business accounts
Accounts in your own name, in four currencies
Each client entity receives named account details for EUR, GBP, USD and CAD. Your customers, processors and counterparties pay you directly, and every receipt arrives in your entity’s name.
- EUR
- Named IBAN
- GBP
- Account number and sort code
- USD
- Account and routing number
- CAD
- Account, transit and institution number
02Foreign exchange
A rate you agree before you fund
Convert between EUR and major and regional currencies at a price quoted by your named dealer. Accept, and the trade is booked and confirmed in writing, with the rate, amounts and value date.
- Product
- Spot conversion
- Base currency
- EUR
- Quotes
- From your named dealer
- Records
- Written confirmation per trade
03International payments
Payments that arrive with their paperwork
Pay suppliers, service providers and related entities over the network that suits the currency. Each payment carries its purpose and supporting documents, and is screened before release.
- Networks
- SWIFT, SEPA, Faster Payments, CHAPS, ACH, Fedwire, EFT, Lynx
- Controls
- Screening and dual authorisation
- Records
- Purpose and documents on every payment
04Collections and payouts
One file for every payee
For businesses that pay or collect from many parties: affiliates, introducing brokers, creators, beneficiaries. Upload a run, fund it once, and each payee is paid in its own currency and network.
- Runs
- Batch file or single payments
- Payees
- Verified once, screened every run
- Delivery
- Bank networks or stablecoin
- Reporting
- Run statement for reconciliation
05Stablecoins and digital assets
Settle in stablecoins, account in fiat
Fund in USDC or USDT from a verified wallet and receive the proceeds in fiat, or pay out in stablecoin to verified beneficiary wallets. Every transfer is screened on-chain. We do not hold digital assets for you.
- Stablecoins
- USDC, USDT
- Wallets
- Ownership verified, in your name
- Screening
- On-chain analytics and travel rule
- Custody
- None: we do not hold digital assets
How money moves
How money moves
Money comes in on local rails or SWIFT, is converted at a rate you have agreed, and goes out on whichever network suits the payment. Stablecoins work the same way.
01 · In
Receive
Customers, processors and counterparties pay your named account by local transfer or SWIFT, or send stablecoin from a verified wallet.
02 · Convert
Convert
Hold balances by currency, then convert at a rate your dealer quotes and confirms in writing before anything moves.
03 · Out
Pay out
Pay one beneficiary or a whole payout run over the fastest suitable network, with every payment screened before release.
Banking networks
Send and receive- SWIFTInternational wires1–3 business days
- SEPAEuro transfersSame or next business day
- Faster PaymentsUK poundsUsually within minutes
- CHAPSUK high-valueSame business day
- ACH and FedwireUS dollarsSame day to 2 business days
- EFT and LynxCanadian dollarsSame day to 2 business days
On-chain settlement
Stablecoins- USDCFund or pay out on-chainMinutes once confirmed
- USDTFund or pay out on-chainMinutes once confirmed
- ConversionStablecoin to and from fiatAt a quoted rate
- WalletsVerified, in your nameScreened on every transfer
Timings are indicative. They depend on cut-off times, the receiving bank or network, and our checks on each payment. CCYFX does not hold digital assets for clients: stablecoins arrive from verified wallets in your own name and are paid only to verified wallets.
Plan a payment
Where is the money going?
Choose a destination to see the route a payment takes, how long it usually takes to arrive and what we check before it leaves.
- FromYour EUR account
- ViaSEPA
- ToBeneficiary in Euro area
- Typical arrival
- Same or next business day
- Before release
- Purpose and documents recorded, beneficiary screened, approvals applied
- Often used for
- Supplier invoices, intercompany funding, affiliate commissions
- FromYour GBP account
- ViaFaster Payments or CHAPS
- ToBeneficiary in United Kingdom
- Typical arrival
- Usually within minutes
- Before release
- Purpose and documents recorded, beneficiary screened, approvals applied
- Often used for
- Payroll providers, professional fees, UK suppliers
- FromYour USD account
- ViaACH or Fedwire
- ToBeneficiary in United States
- Typical arrival
- Same day to 2 business days
- Before release
- Purpose and documents recorded, beneficiary screened, approvals applied
- Often used for
- Software vendors, capital calls, US suppliers
- FromYour CAD account
- ViaEFT or Lynx
- ToBeneficiary in Canada
- Typical arrival
- Same day to 2 business days
- Before release
- Purpose and documents recorded, beneficiary screened, approvals applied
- Often used for
- Canadian suppliers, payroll, intercompany
- FromAny currency balance
- ViaSWIFT
- ToBeneficiary in any country
- Typical arrival
- 1–3 business days
- Before release
- Purpose and documents recorded, beneficiary screened, approvals applied
- Often used for
- Suppliers, service providers and related entities worldwide
- FromYour fiat balance, converted at a quoted rate
- ViaOn-chain
- ToBeneficiary in a verified wallet
- Typical arrival
- Minutes once confirmed
- Before release
- Purpose and documents recorded, beneficiary wallet screened, approvals applied
- Often used for
- Affiliates, creators and suppliers who settle on-chain
Interactive demo with sample data. Not live rates, accounts or clients.
Who we serve
Sectors we specialise in
These are the sectors we know best. Banks often turn them away as a category; we look at each business on its own licences, ownership and controls.
- 01iGamingLicensed operators, platform suppliers and affiliates moving treasury, supplier and commission flows.
- 02CFD and FX brokersRegulated brokers paying liquidity providers, technology vendors and introducing brokers.
- 03Adult entertainmentPlatforms, studios and creator businesses that verify age and consent.
- 04Defence and securityManufacturers and contractors paying suppliers under valid export authorisations.
- 05Offshore and holdingHolding, trading and investment entities in international financial centres.
- 06Import and exportImporters and exporters paying and receiving in foreign currencies.
Our approach
We take the time to understand a complex business before we decide whether we can serve it.
About CCYFXOur controls
Why we can serve these sectors
Our checks are the reason we can take these businesses on. They apply to every client and every payment.
Sanctions and on-chain checks
Clients, owners and beneficiaries are screened at onboarding and on every payment; wallets are screened on every transfer.
Expected activity
We review payments against the activity you told us to expect, and follow up on anything unusual.
How we are registered
Accounts are opened and every service is provided by CCYFX PAY INC, a Money Services Business registered with FINTRAC. Our Hong Kong office handles sales and client relationships only.
RegistrationFINTRAC Money Services Business
CCYFX PAY INC, incorporated in British Columbia, company no. BC1564200.
Not a bankFunds held for payment
CCYFX is not a bank. Funds held for payment are not deposits and are not covered by deposit insurance.
Examples
Three typical structures
Illustrations, not real clients, of how accounts, FX and payments fit together.
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 to the individuals who control it, issue a named EUR IBAN and agree 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.
EUR IBANSEPASWIFT
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, some of whom prefer stablecoin.
- Our approach
- Settlements land in the operator’s named EUR account. We convert 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.
SEPAFaster PaymentsSWIFTUSDT
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, and issue USD account and routing details in the LLC’s name.
- What you get
- Investments and distributions paid on trustee instruction, under dual authorisation.
USD accountACHFedwireSWIFT
Illustrative scenarios. They do not describe specific clients.
How it works
Getting started
Onboarding is the slow part, and we only do it once. After that, things move quickly.
- 1
Apply and onboard
Tell us about the entity, its owners, its sector and the payments you expect. We verify licences, controllers and source of funds.
Document list for your structure - 2
Receive your account details
Once approved, each entity receives named account details for EUR, GBP, USD and CAD, and access to CCYFX Online.
Named IBAN and local details - 3
Move money
Receive, convert at a confirmed rate and pay out over banking networks or stablecoin, with your named dealer on hand.
Screened on every payment
Structures and jurisdictions
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, onshore and offshore.
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.
Onshore
Canada, US, UK, Cyprus, Malta, Poland
Financial centres
Cayman, BVI, Nevis, Cook Islands
And beyond
Most other countries, subject to checks
People
The people you will deal with
A small team, so you speak to the same people from your first call onwards.
William Hodgson
Director
Leads CCYFX and its banking relationships, and works directly with clients on how their structures and payment flows are set up.
Gabriel Pincus
Compliance Officer
Responsible for our compliance programme: client due diligence, sanctions screening and our reporting to FINTRAC.
Jack Burgess
Chief Operating Officer
Runs day-to-day operations, from onboarding new clients to making sure payments are released on time.
Suzette Wattson
Account Manager
Looks after clients day to day, coordinating documents, onboarding and the payment calendar.
Questions
Common questions
Do we get accounts in our own name?
Yes. Once onboarding is complete, each client entity receives named account details: an IBAN for EUR, account number and sort code for GBP, account and routing number for USD, and account, transit and institution number for CAD. Payments you receive arrive in your entity’s name.
Which payment networks can we use?
SWIFT for international wires, SEPA for euros, Faster Payments and CHAPS for pounds, ACH and Fedwire for US dollars, and EFT and Lynx for Canadian dollars. We also settle in USDC and USDT to and from verified wallets.
Can we settle in stablecoins?
Yes. You can fund in USDC or USDT from a verified wallet in your name, and pay out in stablecoin to verified beneficiary wallets. Every transfer is screened on-chain. CCYFX does not hold digital assets for clients and does not offer custody, staking or lending.
Can a higher-risk business open an account with CCYFX?
Yes, if it is legitimate and properly run. We work with licensed iGaming operators, regulated brokers, adult platforms, defence contractors and offshore structures that mainstream banks often decline as a category. We assess each business on its licences, ownership, controls and source of funds rather than its sector, and apply enhanced due diligence where the risk calls for it.
How is CCYFX different from a bank or an EMI?
CCYFX PAY INC is a Money Services Business registered with FINTRAC in Canada. Like an EMI, we provide named accounts, FX and payments rather than lending or deposits; unlike a bank, funds held for payment are not deposits and are not covered by deposit insurance. What clients gain is sector-specific onboarding, a named dealer and payments that leave with their paperwork.
Which countries can you onboard?
Entities from most countries, onshore and offshore, provided the country is not on the FATF blacklist or under comprehensive sanctions. Countries under FATF increased monitoring are accepted with enhanced due diligence. The full list is on our jurisdictions page.
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 PAY INC is a Money Services Business registered with FINTRAC, 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.
Insights
Guides for complex businesses
Plain answers to the questions we are asked most often.
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
Open your accounts
Apply online in about ten minutes. We reply with the documents your structure requires and an indicative timeline, and issue your named account details once onboarding is complete.