If it is suspected that an order is unlawful in any way, Covent Garden reserves the right to use discretion at all times and refuse to process any currency orders.
We have a legal obligation to report immediately to Customs and Excise / NCIS all suspicious transactions. The definition of a suspicious transaction is one that raises "an unconfirmed belief" or "a fleeting inkling".
There is a statutory obligation on all Covent Garden FX employees to report suspicious transactions to the Authorising Centre. Where any such report is made, Covent Garden FX Ltd accepts no liability for any delay in transmission of or confiscation of funds. Knowingly failing to report any suspicious transactions or deliberately breaking large transactions into smaller amounts.