How do I start a money remittance agency in the UK?
Cross-Border Payments
Asked by Question Bot05/Sep/20181 answer
1 Answer
F
Faisal Khan
Answered 05/Sep/2018
You can do that by going to FCA’s website and then applying for a Small Payment Institution (SPI) License.
The SPI license is the entry point towards starting a money transfer business. Here is a small 2-minute video I made for those interested in knowing the difference between an SPI vs an API (API being an Authorized Payment Institution).