PaymentEarth Foreign Exchange Compliance and Licensing

Compliance

At Paymentearth, compliance is taken very seriously. We apply the same level of security, and reliability customers receive from mainstream banks. We start with a thorough account application tailored toward getting to know our clients (KYC). Next, our systems take a sophisticated risk-based approach to anti-money laundering to identify and prevent high-risk payments. Including thorough screening against a wide range of sanctions lists as well as excluding payments to high-risk countries. Our staff is required to attend mandatory AML training sessions in order to stay regularly updated on the latest AML policies and procedures. Paymentearth is an online international currency payments provider for commercial clients. USA PATRIOT ACT

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
Laws and Regulations
Paymentearth, its officers, affiliates, and partners are committed to adhere to all applicable laws and regulations Payment Earth's policies and procedures comply with the laws of the United States and those of the jurisdictions in which we operate.

Licensing

PE Global Partners is registered with FinCEN. Our registration number is 31000126701006 PE Global Partners LLC DBA Paymentearth Program is sponsored by Community Federal Savings Bank, to which PE Global Partners LLC DBA Paymentearth is a service provider, except in certain states in which PE Global Partners LLC DBA Paymentearth is a licensed money transmitter. PE Global Partners Maintains MSB licenses or has exemptions in the following states

WA|NJ|MD|MO|FL|VA|WI|PA|NC|MA|OK| IL| DC |MN

 

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Our Clients are Thrilled

"We used to use three FX companies in order to keep the rate reasonable. With Paymentearth, they walked us through how to calculate the exact spread we get on every deal! A big time saver and a great way to do business!" - Linda, Controller, Wisconsin

International payments made easy!

Open an account and get started or give us a call: 800-566-0915