Security and compliance
Regulated at the core. Easy to verify.
WTS is a regulated Canadian payment company. Our registrations are public, client funds are kept separate from ours, and every business on the platform is verified.
Registrations
Check us on the public registers
Both registrations can be confirmed directly with the regulators.
Infrastructure partners
Payment infrastructure
Digital asset infrastructure
Identity verification and screening
Compliance counsel
All trademarks and logos belong to their respective owners.
How you are protected
Safeguards built into every payment
Client funds kept separate
Client funds are held separately from WTS's own operating funds with regulated partner institutions, in line with the safeguarding requirements of the Retail Payment Activities Act.
Every business verified
Before an account is activated we verify the company, its directors and its beneficial owners.
Screening and monitoring
Clients, recipients and transactions are screened against international sanctions lists and monitored for unusual activity.
Independent compliance oversight
Our anti-money laundering programme is overseen by an independent Canadian compliance officer.
Regulated partners
Accounts, settlement and liquidity are provided together with licensed banking and payment partners.
Records you can rely on
Every payment keeps a full record, available to you for audit and reconciliation.
Businesses only
Who can use WTS
WTS serves companies and other legal entities acting for business purposes. We do not open accounts for consumers.
- No cash is accepted
- No anonymous accounts or unverified counterparties
- No dealings with sanctioned countries, entities or individuals
Security questions
Is WTS a bank?
No. WTS is a registered Money Services Business and Payment Service Provider in Canada. It is not a bank and does not take deposits.
Why do you ask for documents?
Verifying businesses is a legal requirement for regulated payment companies, and it is what keeps the platform safe for every client.
How do I report a security concern?
Write to support@wts.co. To confirm that a message really came from WTS, see our Approved Communication Channels page.
Ready to move money like a global company?
Open your WTS account and put your international payments on faster rails.