Compliance

Regulatory Compliance First

Glacier Pay operates as a registered Money Services Business (MSB) under FINTRAC in Canada. Compliance is not an afterthought, it is the foundation of everything we do.

FINTRAC Regulated

MSB Registration

Glacier Pay is a registered Money Services Business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This registration confirms our compliance with Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).

Our registration requires us to maintain comprehensive compliance programs including customer identification, record keeping, suspicious transaction reporting, and ongoing employee training.

We undergo regular compliance reviews and maintain open communication channels with our regulatory supervisors.

Registration Details

Registrar
FINTRAC
Jurisdiction
Canada (Federal)
Entity Type
Money Services Business
Services
Virtual Currency, FX
Status
Active
Headquarters
Ontario, Canada
KYB Process

Know Your Business Onboarding

1

Application Submission

Submit your business application with basic company information, registration documents, and the nature of your intended trading activity.

2

Document Review

Our compliance team reviews your corporate registration, articles of incorporation, beneficial ownership structure, and authorized signatories.

3

Enhanced Due Diligence

For larger volume accounts, we conduct enhanced due diligence including source of funds verification, business model review, and risk assessment.

4

Account Activation

Once approved, your account is activated with appropriate trading limits, access credentials, and your dedicated account manager introduction.

Onboarding

Required Documents

Certificate of Incorporation / Registration
Articles of Association / Bylaws
Proof of registered address
Beneficial ownership declaration (25%+ holders)
Government-issued ID for all directors / UBOs
Proof of address for all directors / UBOs
Source of funds declaration
Bank reference letter or recent statement
Business description and intended use case
Expected monthly trading volume
AML Framework

Anti-Money Laundering Policies

Transaction Monitoring

All transactions are monitored in real-time using industry-leading blockchain analytics and compliance screening tools.

Customer Due Diligence

Ongoing CDD ensures our understanding of each client's risk profile remains current with periodic reviews.

Suspicious Activity Reporting

Strict SAR procedures in compliance with FINTRAC requirements. All staff are trained in identifying red flags.

Record Keeping

Comprehensive transaction records maintained for the required retention period. Full audit trails available.

Sanctions Screening

All counterparties and transactions screened against OFAC, UN, EU, and other global sanctions lists.

Data Protection

Client data protected under strict privacy policies. All information encrypted, access-controlled, and compliant.

Get Started

Trade with a compliance-first partner

Qualified businesses can be onboarded within 24 to 48 hours. Start your KYB application today.

Open Account