Trust · Compliance & licensing
Regulated, safeguarded, and clear about it
1klas is First Class Payments Inc., a FINTRAC-registered Canadian money services business. The compliance that makes banks nervous about cross-border flows is exactly what we do well.
The boring parts, done properly
What being a regulated MSB means
FINTRAC-registered MSBRegistered with Canada’s financial intelligence regulator as a money services business.
KYC/AML on every accountIdentity, business and beneficial-owner checks before an account goes live.
Source-of-funds & sanctions screeningWallets, counterparties and flows are screened — so your bank isn’t the one asking.
Client funds safeguardedMoney is kept separate and handled with care — it is your money, not ours.
Records & reportingTransaction records and reporting kept in line with Canadian AML law.
A stable jurisdictionIncorporated in Ontario, based in Toronto — a respected place to be regulated.
The legal bit
First Class Payments Inc.
Operating as1klas
RegistrationFINTRAC MSB · #M23574478
IncorporatedOntario, Canada · company #1000681482
Registered office80 Birmingham St, C6, Toronto, ON M8V 3W6
Your data & documents
Clear terms, no surprises
Your data, handled with careWe collect only what compliance requires and keep it secure — see our privacy notices in the footer.
Terms you can readCustomer Agreement, Acceptable Use and Merchant Requirements are linked in the footer.
A way to be heardA clear complaints and disputes process — reach us any time on email or Telegram.
Questions welcomeCompliance questions before you sign up? A real person will answer them.
This page is a summary, not legal advice — the binding terms are in the documents linked in the footer. Questions? Talk to us.
Regulated by design
Money movement, done properly
Accept, hold, convert and pay out — with one regulated counterparty that’s reachable and clear about how it works.