GC Partners

GC Partners provides international transfers and currency settlements for businesses and private clients. The UK entity is Global Currency Exchange Network Ltd, an Authorised Payment Institution regulated by the Financial Conduct Authority (FRN 504346, company number 04675786). The firm was founded in 2003 and has its office in London.

Services Listed services include international payments, currency hedging, mass payouts, foreign-currency accounts, business payments and white-label FX. Clients are companies, individuals and payment partners, served directly or through partner solutions. The countries listed are the United Kingdom, Hong Kong, the United Arab Emirates, Portugal and Spain.

Safeguarding According to the terms, relevant funds in money-remittance services are placed in segregated bank accounts. This does not extend to every FOREX service, so the two should be treated separately. Safeguarded payment funds are not covered by FSCS, and a recovery in insolvency may be reduced by mandatory insolvency costs.

Who it suits The firm fits companies with regular cross-border flows that need hedging and payouts from one provider.