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Feb 4, 2020 — UK registered FCA fully authorised and regulated Payment Institution for sale (Full API license). The business has no limits on transfers globally and is fully regulated in accordance with the European Payment Service Directive.
The Company was formed in 2013 and has operated as a money transfer business since 2014. It has approximately 60 agents appointed currently. The Company is current with all filings, it has all licenses and other requirements in place.
- Access to multiple banking partners in the UK and the EU;
- Multiple payment and FX software (client platforms);
- Segregated GBP and EUR Bank accounts;
- Client IBAN account issuing service;
- FX liquidity in all major currencies at wholesale rate;
- Receiving accounts and onward payments;
- Debit card payments;
- Direct debit collections;
- Pre-paid EUR cards;
- Cash collection solutions;
The Company has full segregated specialist money transfer and FX banking services in place with UK and EU banks and can issue unique client IBAN accounts and its own branded debit cards (client branding subject to card program set up cost).
The business trades globally specialising currently on transfer business to Asia, offering money transfer, foreign exchange, prepaid card and IBAN account services to private individuals and businesses (EU based).
The firm's approved persons are, subject to negotiation, prepared to fulfil the firm's controll functions for a period of time in order to facilitate a smooth handover of the firm to a new owner.
Please note this is a fully FCA regulated unlimited money transfer business. Full API license.