MSBB Money Ltd offers customers global coverage of foreign exchange markets.
Dedicated dealers provide customers with a single point of contact for all trading requirements. Corporate customers can also transact on-line.
Our Global Business Payments customers benefit from an online ordering system for global payments.
This provides a fast and efficient cross-border payment service. The system utilizes Internet technology which is highly developed yet simple to use. The level of convenience afforded by these transactional processes and the ability to fulfill orders in most of the world's major gateways makes MSBB Money Ltd uniquely positioned to harness the global potential of the Internet.
MSBB MONEY's STP enables the entire trade process and payment transactions to be conducted electronically without the need for re-keying or manual intervention.
Before STP, the entire trade lifecycle, from initiation to settlement, was a complex labyrinth of manual processes. Such processing for FOREX transactions is commonly referred to as D+2 processing, as it usually takes two business days from the "Trade" being executed to the trade being settled. At MSBB MONEY Straight-through processing means at least 'same-day' settlement or faster, ideally minutes or even seconds. The goal was to minimize settlement risk for the execution of a trade and its settlement and clearing to occur simultaneously. STP reduces systemic and operational risk and minimizes operational costs.
MSBB Money Ltd is an Authorised Electronic Money Institution ("AEMI") regulated by the UK Financial Conduct Authority ("FCA") under Reference Number 900901 .
An authorised EMI is an electronic institution authorized and prudentially regulated under the European Payment Services Directive ("PSD2"). The PSD2 is a regulatory directive to regulate payment services and payment service providers throughout the European Economic Area ("EEA"). Payment institutions must obtain approval from the regulatory authority in their home European country.