Registered in Canada
Compliance and trust
Partners and clients compare what we say here against our registrations and contracts. Everything on this page is in place today.
- Registered Money Services Business with FINTRAC (no. [PLACEHOLDER: M number])
- Registered payment service provider with the Bank of Canada
- Services delivered with regulated partners
Regulatory status
- Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
Registered Money Services Business.
Registration no. [PLACEHOLDER: M number]
Search the FINTRAC money services business registry (opens in a new tab)
- Bank of Canada
Registered payment service provider under the Retail Payment Activities Act.
Reference [PLACEHOLDER: Bank of Canada reference]
Search the Bank of Canada registry of payment service providers (opens in a new tab)
Services are delivered with regulated partners. Each partner's authorisation is named in the client terms.
What our two registrations mean
Our FINTRAC registration covers our anti-money-laundering obligations as a money services business, including client verification, record keeping and reporting.
Our Bank of Canada registration covers our obligations as a payment service provider under the Retail Payment Activities Act, including operational risk management and the safeguarding of client funds.
Each regulated partner that delivers a service holds its own authorisation in its own name, and the provider for each service is named in the client terms.
Neither regulator licenses or endorses the businesses it registers. Registration means the legal requirements to register have been met, which is why both registries are linked above.
[CONFIRM: legal review of this explainer]
How we keep clients and partners safe
- Identity and business verification for every client
- Sanctions and politically exposed person screening
- Ongoing transaction monitoring
- Wallet screening for crypto transactions
- A designated Chief Compliance Officer: [PLACEHOLDER: name, if approved for publication]
Data security
Encryption in transit and at rest, access controls, and privacy practices in line with Canadian privacy law (PIPEDA).
Prohibited businesses
Some business activities and countries are out of scope for us. The full list is kept with our legal terms.
Prohibited businesses and restricted countriesReport a concern
If you have a compliance concern about NexFlow or about an account using our services, write to us.
compliance@[PLACEHOLDER: domain]
Regulatory information
- Legal entity
- [PLACEHOLDER: LEGAL ENTITY NAME]
- Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
- Registered Money Services Business. Registration no. [PLACEHOLDER: M number]
- Bank of Canada
- Registered payment service provider under the Retail Payment Activities Act. Reference [PLACEHOLDER: Bank of Canada reference]
- Registered address
- [PLACEHOLDER: Canadian address on the FINTRAC and Bank of Canada registrations]