PMT KB Article 11 – 004 -How do I know my funds are safe with PayMyTuition?
The MTFX Group of Companies, who run Paymytuition, is a global solution provider of currency exchange and international payment services. Since their launch in 1996, the MTFX Group has grown to become a leading provider of foreign exchange and global payments. MTFX manages over hundreds of thousands of transfers a year, and has an annual turnover of over $6 billion.
MTFX holds client funds in segregated accounts with highly rated financial institutions. MTFX also operates a low risk business model, where no outgoing payments are released prior to client funds being received to fund transactions.
MTFX is a registered entity with regulatory authorities in both Canada and the U.S. and is also a licensed money transmitter throughout the U.S. where business is conducted.
Visit www.mtfxgroup.com for more information