Frequently Asked Questions

USI Money is a registered trading name of Universal Securities & Investments Limited.

Universal Securities & Investments limited are authorised and regulated by the Financial Conduct Authority under the Payment Services Regulations 2009, registration 574754, for the provision of payment services. USI Money is also a registered MSB with HM Revenue & Customs.

All funds for any booked trades are paid directly to USI Money, trading name for Universal Securities and Investments. No payments will ever be requested nor collected by any third parties.

Most major currencies such as Sterling, Euros and U.S. Dollars can be received the same day (where Bank cut-off times allow). For other currencies it can take up to 48 hours. USI Money uses priority payments for all transfers, which is the fastest and safest type of bank to bank transfer.

USI Money accepts funds by bank transfer. A bank transfer can be made online via your own online banking system or by visiting any branch of your bank. Clients with phone banking will also be able to use this to instruct a transfer.

Opening an account with USI money is simple. Just register online as a individual or corporate FX account. Once your information is received a member of our team will contact you to explain the process.

USI Money does not charge any commission to transact your payments for values over £1,500. Any payment made below this will incur a £10 transfer fee.

USI Money holds client monies in segregated client accounts with its principle bankers. The Payment Services Regulations 2009 stipulate that all funds held in such accounts cannot be claimed by creditors. All funds sent to us are held in segregated accounts that are only used for client transactions and are independent of the USI Money business accounts.

USI Money abides and complies fully with the Data Protection Act 1998, which protects customers against the misuse of personal data held across both manual and electronic records.

Speak to us Monday to Friday between 9am to 5pm regarding trade enquiries.