The safety of your money is an important consideration when deciding which provider you use to send or receive money internationally. When dealing with Atlas Currency Exchange, you can be assured all measures have been met to insure that you are not only dealing with an Australian Government regulated company, but your funds are held in Australian Deposit-Taking Institutions (ADI) client accounts.
Please follow this link for a guide on what to look for when dealing with Financial Service providers…………
The Australian Financial Services Licence (AFSL No. 342627) is issued by the Australian Securities and Investments Commission (ASIC). It is a requirement of this licence that Atlas maintains prescribed Surplus Liquid Funds (SLF) balances at all times. Atlas Currency, through the requirements of holding an AFSL, is subject to quarterly and annual financial and compliance audits performed by an authorised external audit company that is to report to ASIC.
This licence guarantees Atlas Currency comply with all relevant legislation and regulations governing financial institutions in Australia.
Atlas Currency is a member of the Financial Ombudsman Service (FOS) our member number is 14523. You have the ability to contact FOS to see if we have had any complaints against us.
Atlas Currency is also regulated by AUSTRAC, as a designated remittance provider under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act)
The level of external regulation and oversight, combined with Atlas’s commitment to prudential risk management through its own risk management systems and those implemented by the external compliance companies appointed ensures a high level of security and peace of mind for its clients.