Insurance Policy
Online Remittance Risk Policy
Protection across international money transfers and remittance flows.
Overview
Comprehensive protection against risks associated with international money transfers, delayed transactions, failed remittances, and transfer-related financial losses for individuals and institutions.
Coverage highlights
Failed or delayed international transfers
Intermediary bank failures
Compliance and freeze events
Currency conversion losses
Fraudulent interception
Key benefits
- Up to £5M cover per transaction
- 24/7 incident response
- Direct settlement to beneficiary
- Pre-transfer risk assessment
- Coverage across 60+ corridors
Eligibility
- Licensed remittance operators
- Corporates with regular cross-border payroll
- Private individuals transferring above £25,000
- PSPs and money service businesses