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When I add money through International Money Transfer, why am I sending payments in Canadian dollars to Currency Cloud Limited in the UK?

Updated over 3 months ago

Currencycloud is VISA's trusted partner for seamless international money transfers, designed for fintech companies like Beacon. Based in the UK, Currencycloud is a regulated Electronic Money Institution (EMI) under the Financial Conduct Authority (FCA). It securely facilitates multi-currency transactions, allowing you to fund your Beacon Money Account in Canadian dollars.

When you transfer money to the Currencycloud account registered in your name, they process the funds on our behalf. Once received, the funds are promptly deposited into your Beacon Money Account. This ensures a fast, secure, and reliable transaction experience for you.

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