Security & Compliance
Where your money sits, and who checks it.
Norvix is a Canadian money services business, not a bank. Client money is held at licensed partner institutions, apart from our own, and a person reviews every payment before it moves.
- KL[Kestrel Logistics OÜ]Freight settlement 09/26 · 07.09 · 00:39Pending review€785.00Release
- AC[Alderman Capital SA]Own account transfer · 06.09 · 05:21Info needed€5,000.00Release
- OH[Orion Holdings FZE]Consultancy services Q3 · 05.09 · 09:19Pending review€14,500.00Release
- MT[Meridian Trading Ltd]INV-2026-0412 · 05.09 · 08:35Released€2,500.00Done
Your money
Held in dedicated client accounts at licensed partner institutions, apart from Norvix's own funds. Not a deposit: no interest, no deposit guarantee.
Your payments
A compliance officer reviews every payment, in and out, before it moves. Requests for a document arrive inside the account, with a date.
Your access
Roles, an approval threshold and a second signature above it. Your gate, apart from ours, and every action in an exportable log.
Who does what
One path for your money. You send it, a person at Norvix checks it, and it is held by a licensed partner, apart from our own.
You
your company
- Sent
You
your company
- Approval threshold and second signatureYour rule, yours to change
- Requests for a documentAnswers inside the account, by the date
- Deposit guaranteeNot covered: client funds are not deposits
Norvix
Paily Payment Systems Inc.
Norvix
Paily Payment Systems Inc.
- Compliance review on every paymentA person, in and out, no exceptions
- Sanctions and PEP screeningAt onboarding, and every day after
- Where client money sitsNever on our balance sheet
Partner
[licensed partner institution]
Partner
[licensed partner institution]
- Where client money sitsDedicated client accounts
- Sends and receivesExecutes on the rail
- European licence[Licensed partner institution]
- FINTRAC · Money Services Business · M23824357
- Bank of Canada · Payment Service Provider under the RPAA
- Legal entity · Paily Payment Systems Inc. · Canada 1000434725
Nobody can skip the check. Including us.
Every payment, in and out, is reviewed by a person before it moves. Automatic approval does not exist in the product, so there is no setting that turns it on.
Sanctions and politically exposed persons, on the counterparty and on you. At onboarding, and every day after.
Simulated data · for illustration only
Protection
Four things we do, with a line you can check
Encryption
Data is encrypted on the way to us and while it sits with us. Card and identity documents are tokenised, so the raw values are not stored where the product runs.
[TLS version] in transit · [cipher] at rest · verified [date]
Access
Roles decide who can see, submit and release. Every action in the account is written to a log with who did it and when, and the log can be exported.
Admin · Accountant · Member · [two-factor sign-in]
Monitoring
Screening against sanctions and politically exposed persons at onboarding and every day after. Rules run on each payment as it happens, and again over the day's pattern.
Real-time rules on every payment · daily pattern rules
Records
Every decision on a payment is an event: who, when, why, on which evidence. Events are only ever added, never edited, and are kept for as long as the law requires.
Append-only audit log · kept at least 5 years
FAQ
Questions, answered
Who we are, where the money sits, and what happens when we need something from you.
Get started
Start your business account today.
Finance opens the account. A person answers every question along the way.