RemitONE offers a unique service designed for Money Service Businesses (MSBs) such as yourselves who are looking to get a money transfer license in the UK, Europe and North America.

As part of this service, we can help you with Small Payment Institution (SPI), Authorised Payment Institution (API) and E-Money Institution (EMI) license applications. We can also help source bank account solutions from our valued partners for you. There are no guarantees of course as this depends on a range of factors beyond our control. But we have a great track record of helping our clients get MSB licensed!

We’re always trying to simplify complexities for MSBs. Technology underpins your entire money transfer license application. The approach here is to demonstrate to the regulator that you, as an MSB, plan to use a proven, compliant remittance technology platform (provided by RemitONE) to run your operations. Using the RemitONE platform as the basis for your MSB application, we will apply to the regulator for the MSB license you want.

Who is the FCA?

The Financial Conduct Authority (FCA) regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms. 

What is SPI licensing?

The Financial Conduct Authority, in accordance with Payment Services Regulations, defines a small payment institution as being any person, including a corporate entity, registered as a payment institution and included by the Financial Conduct Authority in the Financial Services Register as a small payment institution.