TORUS FINANCIAL LIMITED

Reference number: 1042638

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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.

  • No website on the FCA register

  • Verified phone number

    0800 652 4648

  • Verified address

    30 Churchill Place, London, E14 5RE, United Kingdom

Also trades as
  • Torus Mara

Check on the FCA register → Report a scam →

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.

    How safeguarding works →

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

  • Account information services and payment initiation services
    The institution is required to refrain from providing account information services or payment initiation services for an indefinite period.
  • Agents and distributors
    The institution will not onboard any agents or distributors.
  • Unrelated payment services
    The institution will not provide any payment services which are not related to the issuing of e-money i.e. unrelated payment services.

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 TORUS FINANCIAL LIMITED FCA authorised?
Yes, TORUS FINANCIAL LIMITED (FRN 1042638) is authorised by the FCA to carry out regulated activities.
Is my money safe with TORUS FINANCIAL?
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 TORUS FINANCIAL to the Financial Ombudsman Service, free of charge.
Is TORUS FINANCIAL a scam or clone?
TORUS FINANCIAL 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 TORUS FINANCIAL's Firm Reference Number (FRN)?
TORUS FINANCIAL's FRN is 1042638. You can verify it on the FCA register.