API (authorized payment institution) license in the UK

Details of this transaction

• API license that has been previously used for money remittance between UK & Poland.  


• The license can be transferred to a qualifying buyer and be ready for use within a short period of time.  


• The seller is able to facilitate the transfer process.  


• PSD2 authorization  


• Clean – No fines or warning from FCA  


• Passportation – UK + Gibraltar 


• Capital GBP 155.000


• External Compliance Audit Dec 2019 – Passed


• Business & Safeguarding Bank accounts in Poland,  Latvia & Lithuania  


• The company has an account with SafeNetPay (UK), Igoria  (Poland) & CurrencyOne (Poland)  


• Company may issue its own IBANs in EUR currency  for SEPA & SEPA Instant)


• All Necessary internal documentation  (procedures and policies) for conducting  of E-money business and opening of  correspondent accounts  


• CENTROlink (Bank of Lithuania) for  SEPA Credit Transfer and SEPA  INSTANT Credit Transfer payment schemes. Potentially the company may  get a connection to Target2 (via a  commercial bank in Latvia)  


• The rental agreement for the SaaS platform.  The agreement can be stopped at any  time for further migration to another  platform