RationalFX takes steps to ensure relevant client funds are safeguarded, keeping in line with RFX’s regulatory obligations. As a part of safeguarding, client monies are kept separate from the money which is required for day-to-day business.
Where RFX continues to hold funds of payment service users at the end of the business day following the day on which they were received, the funds are placed in a separate account held with an authorised credit institution in a Safeguarded account.
Client funds are safeguarded with the following institutions:
Safeguarded funds are held in cash with the above banking institution(s). This is to ensure that client funds are always protected.
Rational Foreign Exchange is licensed as an Authorised Payments Institution in the UK to provide payment services. RFX is regulated by Financial Conduct Authority (FCA) in the UK. More information about Licences and regulation can be found here.