UNIVERSAL SECURITIES & INVESTMENTS LIMITED

Reference number: 574754

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Same company

This company holds another FCA record

A company can hold several FCA records, covering different parts of its business, and each one carries its own permissions and protection. The reference number you were given decides which record applies to you.

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
  • Buzzwallet
  • Cell Money
  • Universalsi
  • USI MONEY

Company details

From the company's Companies House record.

Company number
05187654
Company status
Active
Company type
Private limited company
Incorporated
23 July 2004 (22 years old)
Registered office
Suite 327 Linen Hall, 162-168 Regent Street, London, W1B 5TB, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Saima Qureshi Director Apr 1984 30 Jun 2011
Mohammad Abdullah Shabbir Qureshi Director Dec 1993 13 Oct 2022
Saima Qureshi Secretary Not published 1 Nov 2009

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Hold or safeguard your money · 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 (6 permissions)
  • 1. Services enabling cash to be placed on a payment account as well as all the operations required for operating a payment account.
  • 2. Services enabling cash withdrawals from a payment account as well as all the operations required for operating a payment account.
  • 3. Executing payment transactions (no credit line)
  • 4. Executing payment transactions (credit line)
  • 5. Issuing and/or acquiring of payment instruments.
  • 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.

Previously registered as

The FCA register holds one earlier registered name for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.

  • Universal Securities and Investments Ltd

Names it no longer trades under

This firm has retired 6 trading names. 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 names
  • AK Money
  • Fast Money
  • Mufti Remit
  • Raqam
  • Remit Express
  • USI CAPITAL

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Common questions

Frequently asked questions

Is UNIVERSAL SECURITIES & INVESTMENTS LIMITED FCA authorised?
Yes, UNIVERSAL SECURITIES & INVESTMENTS LIMITED (FRN 574754) is authorised by the FCA to carry out regulated activities.
Is my money safe with UNIVERSAL SECURITIES & INVESTMENTS?
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 UNIVERSAL SECURITIES & INVESTMENTS to the Financial Ombudsman Service, free of charge.
Is UNIVERSAL SECURITIES & INVESTMENTS a scam or clone?
UNIVERSAL SECURITIES & INVESTMENTS 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 UNIVERSAL SECURITIES & INVESTMENTS's Firm Reference Number (FRN)?
UNIVERSAL SECURITIES & INVESTMENTS's FRN is 574754. You can verify it on the FCA register.