Disclaimers

Quotes listed on the website are examples and are for illustration purposes. All rates are subject to certain risks depending on the market rates at that time. 

Testimonials reflect individual experiences, which may vary. They are not a guarantee of results. Where a testimonial provider has received compensation or has a material connection to Vibanx (e.g., employee, partner), this is disclosed with the testimonial.  

All testimonials, reviews and opinions presented on our website are applicable only to those individuals named, and may not be a representative experience of others. Results will vary and we do not take responsibility for any testimonials, reviews and opinions as the information cannot be independently verified. Customers agree to proceed at their own risk. 

Vibanx Corporate and Regulatory Status Disclaimer  

Vibanx is a group of companies under Vibanx Holdings Limited. Vibanx Holdings Limited is a company registered in England and Wales (Registration No. 16226016) Registered address: 108 Cannon Street, London, England, EC4N 6EU 

Services in Canada are provided by Vibanx (Canada) Limited. Vibanx (Canada) Limited is a company incorporated and registered in Canada (Corporation no.1001237773). Vibanx (Canada) Limited is registered as an MSB with the Financial Transactions and Reports Analysis Centre of Canada (“FINTRAC”) and holds registration number C100000384. Registered address:300 Supertest Rd Unit 1, North York, TORONTO, ONTARIO, M3J 2M2, Canada. 

Products and services described on this website are available only to corporate clients and only in jurisdictions where Vibanx (Canada) Limited is permitted to operate under local law. Services are not available in the United Kingdom or in any jurisdiction where offering such services would require additional licensing or regulatory approval. 

Nature of Services Disclaimer 

Vibanx (Canada) provides corporate payment and virtual account infrastructure to support cross-border business transactions. Client funds are held in segregated accounts with regulated financial institutions and are managed in accordance with applicable Money Services Business (MSB) and Retail Payment Activities Act (RPAA) requirements relating to operational risk and end-user fund protection. Vibanx is not a bank or a deposit-taking institution. These funds are not deposits and are not covered by the Canada Deposit Insurance Corporation (CDIC), the UK Financial Services Compensation Scheme (FSCS), or any equivalent protection scheme. 

Vibanx (Canada) Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) Statement 

Vibanx (Canada) Limited is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business (MSB), registration number C100000384. 

We maintain a comprehensive Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) compliance program in accordance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and all applicable Canadian regulations. Our program includes robust customer identification and verification (KYC), ongoing transaction monitoring, record keeping, and the reporting of certain transactions to FINTRAC as required by law. Where applicable, Vibanx is supervised by the Bank of Canada under the Retail Payment Activities Act.  

Vibanx (Canada) onboards clients directly under its brand and acts as a distributor for dedicated virtual IBANs and related payment and foreign exchange (FX) services that are issued and safeguarded by our regulated partners. These partners are authorised and supervised in their respective jurisdictions, including institutions authorised by the UK Financial Conduct Authority (FCA) as Electronic Money Institutions (EMIs). 

Vibanx (Canada) does not issue or hold client funds directly. All client balances and payment accounts (virtual IBANs) are established, held, and safeguarded by our regulated partners. Vibanx (Canada) provides clients with secure access to these services and facilitates payments and FX transactions in compliance with applicable laws. 

We align our AML and ATF controls with FINTRAC requirements and the compliance frameworks of our regulated partners, ensuring that customer identification, transaction monitoring, and reporting standards meet or exceed both Canadian and international expectations. 

Vibanx conducts comprehensive sanctions screening on all clients and transactions using Canadian autonomous sanctions lists, including those maintained under the Special Economic Measures Act (SEMA) and Justice for Victims of Corrupt Foreign Officials Act (JVCFOA). Vibanx does not provide services to or on behalf of citizens, residents, or entities in countries subject to Canadian sanctions, nor those identified as prohibited under UN, EU, OFAC, or local regulatory lists. For details, please refer to Canada’s consolidated sanctions list. 

For any questions about our compliance framework, please contact us at compliance@vibanx.ca 

Safeguarding & Bank of Canada Retail Payment Activities Act (RPAA) Regulations 

Vibanx (Canada) Limited is a registered payment service provider (PSP) under the Bank of Canada’s Retail Payment Activities Act (RPAA),and is subject to ongoing supervision and compliance obligations. Client funds are held in fully segregated accounts with regulated financial institutions in accordance with the operational risk management and safeguarding requirements set by the Bank of Canada. Please note that, while these arrangements ensure the separation and protection of client assets, funds held at Vibanx are not insured by the Canada Deposit Insurance Corporation (CDIC) and do not fall under CDIC coverage. Vibanx complies with all requirements established by the Bank of Canada for safeguarding end-user funds, including operational risk standards, annual reporting, and regulatory examinations.  

Equals Money Disclaimer: 

Payment services are provided by Equals Money Plc. Equals Money Plc is authorised as a Payment Institution by the Financial Conduct Authority (FCA) with Firm Reference Number (FRN) 488396. Company registered in England & Wales No. 05539698. Registered Office: 3rd Floor, Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. 

Equals Money Safeguarding Statement:  

Unlike bank deposits, customer funds held by payment institutions and e-money issuers are not protected by the Financial Services Compensation Scheme (FSCS). Instead, firms are required under FCA safeguarding rules to keep these funds separate from their own and protected in specific ways. 

Because this distinction is not always well understood by customers, the FCA expects firms to include a clear and prominent safeguarding statement whenever financial promotions are issued. This ensures customers are not misled into thinking their money has the same protections as a bank account and helps set accurate expectations about how their funds are protected. 

Equals Money Plc accounts are not covered by the Financial Services Compensation Scheme (FSCS), instead your money is protected via safeguarding. Your funds are held in specially designated, safeguarded bank accounts, which keep them separate from our other assets. 

Lorum Disclaimer:

Payment accounts originating in the United Arab Emirates are provided by Lorum Finance (DIFC) Ltd, a company regulated by the Dubai Financial Services Authority (FRN F009516) with its registered office as Unit IH-00-01-02-OF-01 Level 2, Innovation Hub, Dubai International FC, UAE. For further information, visit www.lorum.com