Security & Regulation
Meridian and our partners take security and compliance extremely seriously. It’s paramount to protect both our clients and ourselves. We're partnered with one of the world’s leading financial technology (FinTech) companies, Ebury Partners UK Ltd, who invest heavily into maintaining advanced levels of security throughout their entire infrastructure.
Ebury transacted more than £27 billion last year and they're majority owned by Santander Bank. They provide Meridian's electronic money, currency and payment services. We chose to partner with them due to their deep levels of liquidity, seamless operational capabilities and strict security measures; resulting in a secure and efficient service.
Ebury Partners UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA) as an Electronic Money Institution (Ref. Number: 900797, click here for further information). As such, client funds are always held in segregated accounts, entirely separate from their own operating accounts. This means that client funds are completely ring-fenced, secure and can never be claimed by any creditors. Therefore, in the unlikely event of Ebury’s insolvency, your funds will be fully protected and an administrator will reimburse you from the safeguarded funds.
Ebury Partners' key statistics include:
Fully FCA regulated
Transacted £27bn in the last 12 months
Majority owned by Santander Bank
Fully regulated in 21 countries
ADVANCED CLOUD TECHNOLOGIES
Production environments hosted using advanced cloud technologies.
Ring-fenced client accounts
Funds always fully protected and segregated as per FCA regulations.
Strict security controls
Two-factor authentication, IP restriction, & real-time intrusion detection systems.
Multiple levels of authority
Divide up users’ roles & online permissions. Advanced 10-eyes processing technology.
TIER 1 BANKS
All client funds securely stored in Ebury’s accounts with Tier 1 banks.
ROBUST INTERNAL RISK MANAGEMENT
Strict governance & operational processes to scrutinise the accuracy of all transactions.
ADVANCED CLOUD TECHNOLOGIES
Production environments hosted using advanced cloud technologies.
Ring-fenced client accounts
Funds always fully protected and segregated as per FCA regulations.
If you need further information about security, then please just ask and we will be happy to assist. Please also see a link to our security statement below
SECURITY STATEMENT