In order to start saving money by using the Kwanji currency converter comparison platform, you will need to sign up for an account. Once you have registered you will be able to send money both within the UK and the rest of the world.
Whether you are a business or individual, you can expect to save between 0.5% to 2% by utilising the right bank of broker for your money converter needs.
As part of registering an account, the usual compliance and anti money laundering checks need to be made by our UK regulated partners, although the effort level needed on your part is low:
- As a private client you will need to include personal details such as name and address, and upload proof of these details with a copy of your ID and a copy of a utility bill (less than 3 months old). The address does not need to be in the UK as we accept clients from all over the world.
- As a corporate client you will need to give the company number and registered address as well as proof of ID for any shareholder holding more than a 20% stake in the company. Again, companies do not need to be listed in the UK.
The whole process is really quick and simple! We recommend you have the information/proofs needed ready in order to save time when registering.
What happens next?
- Kwanji will send your details to our regulated banks and brokers who are based in the UK. Their compliance teams then use this information to go through their regulated compliance processes. This typically can take from a few hours to a few days, depending on how busy the compliance teams are or if there is missing information on the registration form.
- Once this compliance process is complete, each broker in turn will approve you as a client on the Kwanji platform. This allow you to transact via the currency converter comparison platform and subsequently save a lot of money over time.
As soon as you register interest for an account on the Kwanji currency converter comparison platform, you will be assigned a dedicated UK based account manager who will be on hand to help you with any sign up queries or payment requests.
Please note that we do not accept other money converter businesses for Kwanji accounts from the UK or the rest of the world as this is a breach of compliance. Feel free to contact us at firstname.lastname@example.org if you would like to clarify your eligibility for an account.