Finsbury Foreign Exchange Solution Ltd

Reference number: 572524

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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.

Also trades as 4 other names
  • Finsbury Forex
  • FinsburyFX
  • Link To Pay
  • Link World Money

Company details

From the company's Companies House record.

Company number
05237898
Company status
Active
Company type
Private limited company
Incorporated
22 September 2004 (21 years old)
Registered office
167-169 Great Portland Street, Fifth Floor, London, W1W 5PF
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Robson Leite Sampaio Director Jul 1964 22 Oct 2018

Activities and protection

What they can do, and how you are protected

  • Handle payments & transfers Funds safeguarded
    Your 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 (1 permission)
  • 6. Money remittance.

Limits on what they may do

  • Voluntary Undertaking
    With immediate effect, Finsbury Foreign Exchange Solution Ltd undertakes to: a) Return all relevant funds to customers as soon as practicable; b) Provide the Financial Conduct Authority (FCA) with the following within 1 week of this undertaking: i. a bank statement(s) to evidence the return of relevant funds under paragraph (a); and ii. written confirmation from the Director of Finsbury FX whether Finsbury FX is holding any relevant funds; c) Not provide payment services, other than in order to comply with paragraph (a); d) Not on-board or register any new payment service users; e) Take all reasonable steps to stop incoming payments from any existing customers, including issuing appropriate communications to discourage further payments and working with banking providers to ensure appropriate controls are implemented to block new payments; f) place a statement in a prominent place on its website within 48 hours of signing this undertaking, informing customers that Finsbury FX has ceased providing payment services in the UK, and that customers should contact Finsbury FX if they have any queries.  Duration The undertakings set out above are to take effect immediately on their acceptance by the FCA and notification of such to the Firm via email.

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.

  • Bangladesh Money Transfers (UK) Ltd
  • Finsbury Foreign Exchange Ltd

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
  • Banglaesh Money Transfer UK

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Common questions

Frequently asked questions

Is Finsbury Foreign Exchange Solution Ltd FCA authorised?
Yes, Finsbury Foreign Exchange Solution Ltd (FRN 572524) is authorised by the FCA to carry out regulated activities.
Is my money safe with Finsbury Foreign Exchange Solution?
It depends on the product, but payment and e-money balances should be safeguarded in a separate account, with no upper limit on the protected amount. You can also refer complaints about Finsbury Foreign Exchange Solution to the Financial Ombudsman Service, free of charge.
Is Finsbury Foreign Exchange Solution a scam or clone?
Finsbury Foreign Exchange Solution is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is Finsbury Foreign Exchange Solution's Firm Reference Number (FRN)?
Finsbury Foreign Exchange Solution's FRN is 572524. You can verify it on the FCA register.