Breinrock

Payments & transfers

• •Local payment rails support both sending and receiving in five markets: the UAE, UK, EU, US, and Canada (FPS/CHAPS, SEPA, ACH/Fedwire, EFT/Interac, Aani).
• •A separate international payout network reaches local rails in 60+ countries as an alternative to SWIFT, but it is outbound-only: incoming local payments can only arrive via the five core markets.
• •The explicit list of payout countries and currencies is no longer published, and the site is inconsistent on the count (40+ vs 60+ currencies); the full list is provided by the relationship manager.
• •SWIFT transfers directly from the account cover 40+ currencies to 180+ countries, for both sending and receiving.
• •Local dirham transfers started before 6 PM from Monday to Saturday are usually processed the same working day; after that cut-off they move to the next one.
• •International transfers usually take 2 to 4 working days.

Crypto

• •Crypto and digital-asset conversion is advertised as fully integrated within the account and listed in the terms as a service for both corporate and personal clients, but no supported coins, exchange names, or wallet-withdrawal terms are published.
• •The terms note that crypto transfers may be irreversible.
• •Crypto and digital-asset conversion is advertised as fully integrated within the account and listed as a service in the terms, but no supported coins, exchange names, or wallet-withdrawal terms are published.

Business activity

• •Breinrock's terms also prohibit: Ponzi and pyramid schemes; trafficking in narcotics, pharmaceuticals, or prescription drugs; drug paraphernalia; pseudo-pharmaceuticals and substances mimicking illegal drugs; counterfeit or unauthorized goods; get-rich-quick schemes; sanctioned businesses; politically exposed persons and related businesses; intellectual-property infringement; multi-level marketing; consumer-to-business social-media activity; virtual-world credit management; participation in public procurement; trading that requires a special EU permit; facilitation of third-party loans; and gift industries.
• •Forex Trading (Licensed) / Gambling & Gaming (Licensed)Licensed forex trading and licensed gambling/gaming are not automatically approved: Breinrock permits them only with its prior written consent.

Countries & residency

• •Breinrock's legal terms also prohibit Abkhazia, Nagorno-Karabakh, Northern Cyprus, Somaliland, South Ossetia and the occupied territories of Ukraine.

Licence & regulation

• •Operates as a group of separate legal entities, one per jurisdiction: Canada, the UK, the UAE, the Czech Republic, and Switzerland, each with its own license or registration.
• •The Czech entity is licensed by the Czech National Bank as a Small-Scale Payment Service Provider.
• •The Swiss entity is a VQF member: a self-regulatory membership, not a full banking license.
• •UK customer funds are not covered by the FSCS deposit guarantee scheme; they are protected through safeguarding under the Payment Services Regulations 2017, held in a segregated account at ClearBank.
• •A Cyprus (Limassol) address appears in the company's contact details, but it is not a separately licensed entity.