BeAccount Ltd
Reference number: 937539
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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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Verified website
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Verified phone number
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Verified address
One Canada Square, Canary Wharf, London, E14 5AB, United Kingdom
- Payine
Company details
From the company's Companies House record.
- Company number
- 12600349
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 13 May 2020 (6 years old)
- Registered office
- One Canada Square, Canary Wharf, London, E14 5AB, England
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Current directors and secretaries
| Name | Role | Born | Appointed |
|---|---|---|---|
| Andreas Constanti | Director | Jun 1966 | 13 May 2020 |
| Paul Jonathan De Francisci | Director | Jul 1975 | 2 Jul 2020 |
| Guy David Baruch | Director | Aug 1969 | 1 Feb 2024 |
| Simon Carse | Director | May 1956 | 1 Feb 2024 |
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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Restrictions on business activities
1. The Firm must not, without the prior written consent of the Authority, carry out any electronic money services for which it is authorised by the Authority pursuant to Part 2 of the EMRs or conduct any payment services as defined under regulation 2(1) of the Payment Services Regulation 2017 (“the PSRs”). For the avoidance of doubt this includes not to onboard any new customers and to accept any new relevant funds (as defined in regulation 23 of the PSRs) (“Relevant Funds”). 2. The Firm must return all Relevant Funds as soon as practicable and in any event by a date to be agreed with the Authority, except where funds are held to meet specific contractual obligations such as chargebacks.
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Notification requirements
3. The Firm must by 24 December 2025 notify, in writing, all customers of the imposition and effect of these Requirements in a form to be agreed in advance with the Authority. 4. By 4pm, on 19 December 2025, the Firm must display, in a prominent place on its website [https://payine.com] and all other communication channels or contact method, e.g. mobile applications, other digital channels, etc, a notice setting out the terms and effects of these Requirements in a form to be agreed in advance with the Authority. This will include a link to the relevant website entry in the Authority’s register relating to the Firm where the terms of the Requirements will appear. The font and size to also be agreed with the Authority in advance. 5. The Firm must provide written confirmation to the Authority that it is in compliance with these Requirements by 4pm, on 19 December 2025.
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Retention of records
6. The Firm must secure and preserve all records and/or information (physical or electronic) relating to electronic money services from its systems in their original form, or in a copy proved to be identical to the source material. These must be retained in a form and at a location within the United Kingdom, to be notified to the Authority in writing by 4pm, on 19 December 2025 such that they can be provided to the Authority, or to a person named by the Authority, promptly on its request.
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.
Names it no longer trades under
This firm has retired one trading name. If you were contacted under one of these, the name did belong to this firm, but check the current details above before going ahead.
Show the retired name
- Get Moss
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