BANKORO LTD
Reference number: 900900
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Authorised by the FCA
This firm is on the FCA register and authorised to carry out regulated activities.
Identity
Check their details
Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.
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No website on the FCA register
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No phone number on the FCA register
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Verified address
53 DAVIES ST, London, W1K 5JH, United Kingdom
- Card London
- Pay London
Company details
From the company's Companies House record.
- Company number
- 11100986
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 7 December 2017 (8 years old)
- Registered office
- 53 Davies Street, London, W1K 5JH, England
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Current directors and secretaries
| Name | Role | Born | Appointed |
|---|---|---|---|
| Guntars Reidzans | Director | Sep 1970 | 14 Apr 2022 |
Activities and protection
What they can do, and how you are protected
- Handle payments & transfers Funds safeguardedYour money must be kept in a separate safeguarded account. If the firm fails, all safeguarded funds should be returned to you. With no upper limit, unlike the capped amounts under FSCS. Safeguarding works differently from FSCS, but protects your full balance when the rules are followed correctly.
Show FCA detail (7 permissions)
- a) Services enabling cash placement on a payment account
- b) Services enabling cash withdrawals from a payment account
- c) Execution of payment transactions (not covered by a credit line)
- d) Execution of payment transactions (covered by a credit line)
- e) Issuing payment instruments or acquiring payment transactions
- f) Money remittance
- h) Issuing Electronic Money
Limits on what they may do
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Firm to refrain from carrying on any new business
1. The Firm must refrain from carrying on any new business and from accepting any new electronic money (“e-money”) from existing customers , whether by way of issuance, top-up, or otherwise, pursuant to its registration as an Authorised Electronic Money Institution under the “EMRs, except with the prior written consent of the Financial Conduct Authority (the “FCA”). 2. Without prejudice to paragraph 1 above, and for the avoidance of doubt, the Firm shall not, without the prior written consent of the FCA: a. onboard any new customers; or b. issue any new e-money on behalf of existing customers, in any currency 3. For the avoidance of doubt, the Firm shall continue to: a. permit existing customers to redeem their e-money and withdraw funds in the ordinary course of business; and b. carry on business with, issue e-money and provide payment services to customers that do not qualify as a “consumer” under the EMRs.
Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Track record
FCA actions and complaints
No FCA disciplinary action, and no complaints recorded with the Ombudsman.
Previously registered as
The FCA register holds 2 earlier registered names for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.
- PAY LONDON LTD
- Paystree Ltd
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