The security of your money and data is as important to us as it is to you.
Segregated Customer Accounts
All customer funds are held separately in segregated client accounts with one of the world’s largest financial institutions. These accounts are separate from our corporate accounts and we cannot use them to settle any of our own obligations. Our banking partner has over 57 million customers worldwide, and a 2013 revenue of $90 billion USD.
Two-factor authentication is a way of improving account security by combining what you know, for example your password, with something only you have in your possession, like your mobile phone.
When trying to log in or carry out certain actions, such as transferring money out, we will automatically send a message to your phone with a code. You enter this code into the two-factor authentication form on CurrencyFair.com.
To find out more, read our blog post on Two Factor Authentication.
Your Connection is Secure
Our website uses 256-bit encryption via SSL from VeriSign. This indicates that your connection is secure.
Secure Data Centre
All your account information is stored in a secure facility that is safeguarded 24-hours-a-day, and we use biometric security to gain access to our servers.
Systematic Procedures & Checks
We maintain continuous auditing, logging, backups and safe-guarding of data. To further protect against malicious attacks, we run numerous security tests on our own software and systems and maintain the very latest virus protection software.
We have built in a number of safeguards into our software including:
- Identity Verification – Checks on new customers to determine if the identity information provided is accurate and not suspicious.
- Automatic Logout – If you are inactive for an extended period of time we automatically log you out so unauthorised people cannot access your account.
- Contact Information Confirmation – All changes to your contact information are verified with you before we make any changes.
Tracked Deposits & Transfers
All deposits by you to us are recorded by your bank. All your exchanges and transfers on our platform are recorded and saved in your account summary and you will receive a confirmation email instantly. All transfers from our bank are also logged. In short, all of your interactions with us are fully documented and available to you when you need it.