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Fiduciaries and corporate service providers

One payments partner for your client portfolio

Licensed trustees and corporate service providers administer many structures, each of which needs dependable payments. Onboard them through one process, with one contact.

In shortCCYFX works with licensed trustees and corporate service providers who manage portfolios of client structures, offering one onboarding process, a named contact and status updates with client consent. CCYFX still carries out its own due diligence on every client.

Our approach

Built around the fiduciary relationship

As a fiduciary, you already hold much of the information we need. We make it straightforward to share it once for each structure, in a consistent format and with your client’s authority.

We still carry out our own due diligence on every client. That protects you, your clients and us, and it is what Canadian law requires.

Process

Standard document pack

One clear list for each type of structure, so your team knows exactly what to prepare.

Visibility

Onboarding status

With your client’s consent, we keep you informed at each stage of onboarding.

Authority

Instructions as trustee or director

Give payment instructions in your capacity as trustee or director, under the structure’s governing documents.

Contact

Relationship manager

One person at CCYFX who knows your portfolio.

Onboarding

What we will ask for

Preparing these documents in advance makes onboarding simpler. We confirm the exact list for your structure when you apply.

Your firm

Once, for the fiduciary.

  • Licence from your regulator
  • Summary of your AML/CFT policy
  • Authorised signatories and specimen signatures

Each structure

For each client you introduce.

  • Corporate or trust documents for each layer
  • Ownership chart to individuals with 25% or more
  • Purpose of the structure and expected payments

Individuals

For directors, beneficial owners and signatories.

  • Valid government-issued photo identification
  • Proof of residential address
  • Source of wealth statement with supporting evidence
  • Politically exposed person and tax residency declarations
Questions

Common questions

Do you rely on our due diligence?

We use the documents you provide, but we carry out our own verification and risk assessment for every client.

Can we give payment instructions on behalf of clients?

Yes, where you act as trustee, director or authorised signatory under the structure’s governing documents.

Is there an introducer programme?

Yes. Our introducer page explains how referrals and status updates work.

Open an account

Discuss your portfolio with us

Apply online in about ten minutes. We will reply with the documents your structure requires and an indicative timeline for onboarding.

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