Compliance and Disclosures
America’s Currency Exchange (ACE) diligently maintains compliance with all laws and regulations.
The Management team of America’s Currency Exchange puts compliance at the forefront of all it does has always maintained full compliance with all Laws and regulations. The entire business operating model and business plan has compliance at its core.
All ACE employees are routinely trained and tested on the latest enhanced compliance concepts.
ACE’s compliance program is advanced and has a prudent monitoring process so that everyone involved is comfortable with every client and transaction performed. ACE is a Money Service Business, registered under the Financial Crimes Enforcement Network (FINCEN) as well as the Florida Office of Financial Regulation. As a Money Service Business we are licensed in the activities involving the buying and selling of foreign currency. Additionally, ACE furthers our commitment to flawless operating principles by utilizing an independent external consultant to review our practices.
ACE utilizes a strict “Know Your Customer” best practices, and a prudent monitoring process so that everyone involved is comfortable with every client and transaction performed.
There has never been a time when compliance has been more important than in today’s regulatory environment. ACE understands and accepts the responsibilities that come with working within the financial industry, where businesses are targeted by groups looking to launder money or conduct some other illegal activity be it fraud, theft, or trafficking. ACE’s team is committed to deterring criminals from involving the company in their practices.
We are also committed to the confidentiality of our clients’ information. All documentation is securely filed and we do not share or sell personal information.
ACE has a yearly independent review of its compliance training and programs so that it will continue to remain diligent in transaction processing.
ACE has registered with FINCEN as a Money Service Business.
ACE remains committed to the jurisdictions in which it operates and is a diversified equal opportunity company and therefore stands ready to provide additional information as may be asked of it.