Help is at hand for money remitters that need a safeguarding account with a cost-effective bank!       


All money remitters face challenges in respect of their banking facilities, particularly the medium to smaller size firms.  As a regulatory consultancy focusing specifically on money remittance, we have consistently been searching for a bank that has an appetite to work in this sector and finally our hard work has paid off.  We are in the early stages of establishing preferential arrangements, but we wish to hear from firms quite urgently if you have any interest in establishing a new safeguarding account and operational account.


You need to be aware that we will be required to undertake a due diligence exercise, which includes a visit (which at the moment will be a “virtual visit” until the end of the lockdown), but this does not prevent us from on-boarding you on behalf of the bank.  The introduction to the bank, including our due diligence visit and report in support of application, costs £4,300 plus VAT.  If you have a preferred FX provider, please specify this when you write to us with your expression of interest.


If you would like us to add your name to the list for the preferential safeguarding service, please provide us with a brief outline of your company or a link to your website.


Wish you well and we look forward to being of further service