Compliances & Security

Online security and privacy at Currency World USA

Currency World Inc is subject to comprehensive regulation by Financial Crime Enforcement Network and California state regulator.
At Currency World USA, we take your privacy and data seriously. We are committed to securing your financial information and we employ proven technology to protect and secure your personal information. Currency World USA is regulated by both state and federal U.S. government agencies.

Currency World, Inc. acknowledges the importance of all relevant laws, rules, regulations, policies and standards and complies with them. We are committed to strict management discipline and a first-class control and compliance environment. As a regulated entity, Currency World, Inc. is required to meet strict financial standards. We are also required to routinely submit financial reports to our regulators. These standards and others are rigorously enforced by FinCEN and the various state regulators, which have the right to fine firms and/or terminate their regulatory status for violations. In this effort, Currency World, Inc. has implemented a comprehensive compliance program to handle money laundering concerns and adhere to OFAC regulations.

Money laundering is the process by which persons or businesses attempt to conceal the origin and ownership of the proceeds of illegal activity such as fraud, theft, drug trafficking, or any other crime. Money laundering may also involve the use of legitimately derived funds to finance terrorism. Various financial products and transactions, including those related to the foreign exchange market, may be involved in money laundering schemes. Accordingly, we are aggressive in not allowing Currency World, Inc. to be used as a vehicle for such activity. Money laundering is a criminal offense and can subject its perpetrators and/or facilitators to substantial criminal and civil sanctions, including imprisonment and fines. To ensure compliance with anti-money laundering laws and regulations, Currency World, Inc. has implemented policies and procedures to detect, prevent and report money laundering or other suspicious activity.

The Office of Foreign Assets Control administers and enforces economic sanctions programs primarily against countries and groups of individuals, such as terrorists and narcotics traffickers. The sanctions can be either comprehensive or selective, using the blocking of assets and trade restrictions to accomplish foreign policy and national security goals. Currency World, Inc. conducts electronic screening of customer transactions through U.S. government and other sanctioned party lists.