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Establishing Trust: Reducing Perceived Risk in Your Currenge Transaction
The Currenge team is here to help. You can significantly reduce a perceived risk, in a transaction served by a new financial provider, such as Currenge, in several ways.
Bankers Serving You & Us: Direct Compliance Confirmation
First, Currenge operates with a level of transparency that redefines financial trust. We waive traditional banking confidentiality, regarding the regulatory compliance of our bank account activity, to allow bankers serving you to speak directly with those serving us, providing them with immediate, professional verification of our regulatory standing.Splitting Transactions Reduces Maximum Amount at Risk
In addition, you may reduce predicted such risk by splitting your transaction amount, to several smaller amount transaction, so that the maximum amount at risk, at any given moment, substantially decreases. Thus, each smaller transaction will be completed by transferring the proceeds to the beneficiary, and there will not be a moment where the entire amount of your original transaction would be at risk.
Currenge typically completes the execution of most transactions initiated in the morning on that same banking business day.
Splitting a transaction is made possible, when each of its components exceeds $10,000, which is the minimum amount of a transaction enabled by currency trading room serving us. Such split may also be recommended from a financial point of view, so you can reduce a risk that in retrospect it would turn out that you converted on such a specific day where the exchange rate was relatively bad compared to other dates close to it.What Our Clients Say on Google
You may also get an impression of us, from reviews posted by our customers. Such reviews may be found on the computer screen side, when you google, The Company’s name: Currenge. If you would like so, you will also be able to directly talk with our customers.Mutual Contacts: You and Currenge Employees
You may also check out the possibility that we have mutual acquaintances by viewing the LinkedIn profile of Ehud Ziegelman, the founder and CEO of Currenge.Currenge: A Licensed and Regulated Financial Institution
Beyond that, you can see Currenge’s license, according to its Israeli company registration number: 515455376, independently, in the Israeli register of authorized financial service providers, which is managed by the Israeli Capital Market Authority, on the website:
License database on the Israeli Capital Market Authority website
Please note, that retrieving information on the Israeli Capital Market Authority website may not work properly, if your browser’s configuration include the disabling of some website functions, as for example a browser called Brave may be set to do.
The significance of having a license from the Israeli Capital Market Authority, in the context of trust, is great. First, obtaining a license is conditional upon our management team waiving confidentiality of their Police criminal record, and a permission for criminal record check by the Israeli Capital Market Authority granted by our management team members.
In addition, the Israeli Capital Market Authority reviews The Company’s procedures, and its compliance with various requirements. For example, a company has a certain positive equity. The Israeli Capital Market Authority also functions as an arbitrator, holding investigating rights, of clients’ complaints regarding license holders, so that if complaints were to arise, they would reach that Israeli Authority, which also has the power to suspend or revoke a financial license it granted. Unlike entities that deal with loans or financial assets management, where problems might surface only after a long period of time, with entities, such as Currenge, that serve a transaction that is completed in a relatively very short time frame, if God forbid there were problems, they would surface very quickly.
Also, the probable is, that if there would have been any flaw in Currenge’s activities, such an event would have been mentioned in media reports, or in a court case. You can search the Internet as well as legal processes databases, and see for yourselves that there was no such one complaint related to Currenge, and that Currenge was not sued in any legal process.
We are honored to serve you.
The front page of the company’s license looks as in the image below:
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