Security

When dealing with the foreign exchange and international transfer of your funds, it is of paramount importance that the whole procedure is conducted with the utmost security and with trustworthy partners who are dedicated to your needs.

www.netaloid.com as your trustworthy and dedicated partner:

www.netaloid.com is registered as a Limited Liability Company in England and Wales (Company No: 5504666, and is regulated by HM Revenue & Customs (the former “Inland Revenue and HM Customs & Excise”) as a Money Service Business or MSB. The company holds a Certificate of Registration for Money Laundering Regulation (MLR).

At www.netaloid.com, we believe these Money Laundering Regulations to be extremely important in the fight against crime. The reason for these regulations is that money launderers attempt to turn ‘dirty money’ into ‘clean money’ by using innocent people’s identities (or even by creating false identities). This is the reason why we ask for various personal documents at the account opening stage. We check these documents in order to be able to ascertain that you are who you say you are and help prevent your identity being misused. Of course, any information we do hold about you will be kept in the strictest of confidence.

An integral part of offering a dedicated and secure service is that we get to know our clients. This goes far beyond the requirements laid down by the Money Laundering Regulations. In essence, we pride ourselves on being in a position to offer an outstanding personalised service. You will be allocated a dedicated dealer – a single point of contact for you. Your dealer will take the time to fully understand your foreign exchange needs and objectives go through the various options with you, and be with you every step of the way to assure full satisfaction.

Secure procedures

If you were to decide to transact with us, any payments you would make would go directly to our account held at the Royal Bank of Scotland (RBOS). Importantly, these accounts have no relation with www.netaloid.com business accounts but are accounts used solely to hold client funds. Naturally, before making a substantial transaction, you could speak to our Client Relationship Manager at RBOS for a reference.

It is also worthy to note that www.netaloid.com holds substantial deposits as security for the foreign exchange transactions we make on behalf of clients. Since RBOS is such a strength in international banking, this should provide confidence that client funds are in safe hands and that all foreign exchange transactions entered into will be honoured.

www.netaloid.com aims to be consistently at the forefront of the foreign exchange and international transfer of funds arena. Although our extensive experience helps, we are always keen to improve our participation in such a dynamic industry. To this end, we have proactively taken the step of taking on board an external consultant, a Certified European Financial Analyst, whose role it is to monitor the overall security of www.netaloid.com pertaining to it’s operational and business processes.