Rashid Exchange Limited

Reference number: 573340

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Registered with the FCA

This firm is registered as a small payment institution. That is a lighter regime than full FCA authorisation, applied to smaller payment firms, and safeguarding of customer money is optional at this size.

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.

  • No website on the FCA register

  • Verified phone number

    0121 766 8358

  • Verified address

    364 Stratford Road, Sparkhill, Birmingham, West Midlands, B11 4AB, United Kingdom

Company details

From the company's Companies House record.

Company number
04453288
Company status
Active
Company type
Private limited company
Incorporated
31 May 2002 (24 years old)
Registered office
119 Pershore Road, Birmingham, B5 7NX, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Adnan Raza Rashid Director Nov 1978 2 Feb 2017

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Handle payments & transfers No FSCS cover
    Safeguarding is optional for a payment firm of this size, so your money may not be held in a separate protected account. Ask the firm whether it safeguards customer funds before sending it money. FSCS protection does not apply either way.

    How safeguarding works →

Show FCA detail (1 permission)
  • 6. Money remittance.

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.

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Common questions

Frequently asked questions

Is Rashid Exchange Limited FCA authorised?
Yes, Rashid Exchange Limited (FRN 573340) is registered with the FCA and permitted to provide its regulated services.
Is my money safe with Rashid Exchange?
Protection depends on which product you hold and how Rashid Exchange handles your money, so check the specific product before you commit. You can also refer complaints about Rashid Exchange to the Financial Ombudsman Service, free of charge.
Is Rashid Exchange a scam or clone?
Rashid Exchange 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 Rashid Exchange's Firm Reference Number (FRN)?
Rashid Exchange's FRN is 573340. You can verify it on the FCA register.