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Global Currency Inc. is the exclusive licensee in North America to market all of the UniCache products and services patented and trademarked by UniCache International Ltd.
UniCache was founded in 1999 and was approved as an IIN Block Holder in October 2002 by the International Organization for Standardization and entered in the Register of Card Issuer Identification Numbers by authority granted to the American Bankers Association. With this authorization, UniCache can independently issue and operate card programs in an international interchange environment.
As an IIN Block Holder of BINs, UniCache has the authorization to issue BINs to financial institutions/banks and to issue debit, credit, stored value, private label and payroll cards.
UniCache International Ltd. also owns a patented payment and escrow system that creates personalized, pin-protected, reloadable, prepaid, debit cards for immediate use to purchase goods and services. UniCache cards can be reloaded by a variety of methods, including direct payroll deposit, check-cashing and the depositing of paper currency and coins. In addition, this patented system allows for remittance (money transfer) transactions both domestically and internationally. The cards can also be used to pay bills and to make long distance calls domestically and internationally.
As the exclusive North American licensee of UniCache products and services, Global Currency is registered as a Money Service Business with the US Department of Treasury and FinCEN (Financial Crimes Enforcement Network) and is held to the highest federal compliance requirements.
Global Currency is subject to all regulatory reporting requirements of the Banking Secrecy Act (BSA), USA Patriot Act, Know Your Customer (KYC), Anti-Money Laundering Regulations (AML) and the Office of Foreign Assets Control (OFAC) as well as all international government regulatory agencies.
Mission Statement:
Provide a comprehensive variety of low cost, secure and convenient financial services to consumers seeking alternative solutions to traditional bank accounts and money service businesses.
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