Our regulatory guide to the countries from which we can serve you and your corporate clients.
Get to Know the Important Cut Off Times by Currency
Please note that when you make a FX conversion, CreditSCRIPT will use the earliest cut-off time of your chosen currencies. Let's take an example, you want to convert Australian Dollars (AUD) to UK Sterling (GBP). Given AUD has a cut off of 13:00, and GBP has a cut off of 14:20, CreditSCRIPT will consider 13:00 on the same day, to be the cut-off time. Your FX conversion should therefore be made before the cut-off time, otherwise it will be settled the next business day.
** CreditSCRIPT has as restricted currencies: Indian Rupee (INR), Indonesian Rupiah (IDR), Malaysian Ringgit (MYR) and Philippine Peso (PHP). They cannot be funded directly but can be bought by converting another supported currency and they can only be sold back under exceptional scenarios.
CreditSCRIPT is the trading name of CreditSCRIPT (UK) Limited, a company registered in England and Wales with company number 09707996 with its registered office at 27 Old , Gloucester Street, London, United Kingdom WC1N 3AX. CreditSCRIPT is registered with the ICO with number 00010460513. If you using our Investment Services, You (the Professional Investor) will be participating in a test that we are undertaking as part of the FCA’s regulatory sandbox. The regulatory sandbox allows firms to test innovative offerings in a live environment. CreditSCRIPT (UK) Limited is authorized and regulated by the FCA with firm number 833654.
As with most forms of investment, CreditSCRIPT Asset Backed Securities (“CABS”) carry a degree of risk to your capital; in this case, if the borrower is unable to repay the underlying loan, the bond performance is payment dependent. Past performance does not guarantee future performance. Investment in CABS may not protected by the Financial Services Compensation Scheme (FSCS). In addition, by investing in CABS you have delegated your relationship with the borrower to an affiliate CreditSCRIPT Luxembourg, and you have no direct right of enforcement in the event of default. We recommend that prospective Professional Clients read the Risk Notice before investing. CABSs are for Professional and Eligible Clients only Retail Clients may access the electronic money service platform but will not be able to access the investment platform.