DealStream Logo

Details

UK registered FCA authorised and regulated Payment Institution (PSD appointed representative) for sale. The business has no limits on money transfers or FX transactions globally and is fully regulated in accordance with the European Payment Service Directive. It has direct access to the FX wholesale market and can offer clients the best exchange rates available. It can trade in all non restricted currencies world-wide.

The Company is current with all filings, it has all licenses and other requirements in place and is delivered listed on the FCA website with its own license registration number.

- Access to multiple banking partners in the UK and the EU;
- Multiple automated payment and FX software (client platform);
- Segregated GBP (UK clearing bank), USD & EUR accounts ;
- Client IBAN account issuing service;
- FX liquidity in all major currencies at wholesale rate;
- Branded card program (subject to set up costs);
- Cash collection solutions.
- Fully integrated website with all functions automated.

The business can trade globally, offering money transfer, foreign exchange, prepaid debit cards (subject to set up cost) and IBAN account services to private individuals and businesses.

The firm's approved persons are, subject to negotiation, prepared to fulfil the firm's control functions for a period of time in order to facilitate a smooth handover of the firm to a new owner. The Company's FCA authorisation is granted by a UK Institution.

Full FCA operational and compliance manuals are included. All compliance and FCA reporting & filing is included via the license issuing institution. The operational cost for the Company including compliance, and FCA audits is approximately £2,500 per month. The Company can be operated from any UK location. It is a license requirement the Company has physical offices. We can provide UK offices at a cost of approximately £500 per month.

Price £35,000. Please note this is a fully regulated unlimited money transfer and FX business (API PSD Agent), including bank accounts and operational automated approved software.

Learn More About This Listing

Sign up for a free basic membership to start buying and selling. Learn about our membership plans.

By clicking "Join Now - It's Free" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.