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okoora
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1월 2022 (3 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know okoora
Company Information
Get to know okoora
Okoora is the creator of Automated Business Currency Management (ABCM™), the first enterprise-grade platform for planning, executing, and managing global financial transactions in over 100 currencies with 24/7 availability. The cloud-based, AI-powered platform simplifies the complexity in currency management by unifying all tasks, services, and transactions over an intuitive financial infrastructure. Okoora enables businesses of all types and sizes to streamline their currency-related processes, manage growth with greater predictability, and eliminate wasted financial costs. Send and receive local and global payments. Open fee-less local accounts in 100+ currencies in virtually every global locale where you do business. Take complete command of your cashflow. Create informed, real-time currency risk management strategies that significantly reduce your enterprise’s exposure to fluctuating exchange rates. A true fintech innovator, Okoora empowers businesses of all kinds to see the unseen across their global accounts and derive greater value from their cross-border transactions with less effort.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
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