Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- SpecialistTier C
- Tenure
- MatureTier B
No EEA passporting on record.
Authorised for 3 payment-services activities.
Authorised 5 years ago.
About this institution
Verified active. BeAccount Ltd holds a current UK electronic money licence issued by the Financial Conduct Authority, reference 937539. The licence authorises issuance of electronic money, safeguarding of customer funds, and distribution and redemption of electronic money.
The licence is currently not passported to any EEA host state.
Data note: the licence was granted on 18 July 2021. The register lists BeAccount Ltd (UK), reference 937539, status active.
Licence timeline
3 dated eventsDated events for BeAccount Ltd, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Financial Conduct Authority register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Financial Conduct Authority
Position in the United Kingdom register
United Kingdom EMIs
474
Active
289
Full / small licences
403 / 71
Licence age rank
204/287
BeAccount Ltd is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 204th oldest of the 287 dated United Kingdom EMI authorisations, one of 37 granted in 2021.
Is your money safe with BeAccount Ltd?
BeAccount Ltd holds an e-money authorisation from Financial Conduct Authority, which means client money must be safeguarded: held separately from the firm's own funds at a credit institution, or covered by an equivalent insurance policy. E-money is not a bank deposit - it is not covered by the FSCS, so there is no automatic compensation payout if the firm fails.
If an authorised EMI becomes insolvent, safeguarded funds sit outside the insolvency estate and are returned to customers by the administrator - repayment can take time, and administration costs may be deducted along the way.
Authorised activities (PSD2 / EMD2)
Payment-services activities BeAccount Ltd is permitted to carry out under its licence, as recorded in the register.
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is BeAccount Ltd a licensed e-money institution?
- Yes. BeAccount Ltd holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 937539. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates BeAccount Ltd?
- BeAccount Ltd is authorised and supervised by Financial Conduct Authority in United Kingdom. Its e-money licence and current status are listed on the FCA Financial Services Register at register.fca.org.uk.
- What is BeAccount Ltd's licence or FRN number?
- BeAccount Ltd's licence reference number is 937539. Enter it on the FCA Financial Services Register at register.fca.org.uk to confirm the institution's identity and that its authorisation is in force.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in United Kingdom
Ratings & reader notes
0 written notes
Share what you know about BeAccount Ltd. Guest comments - no account required. Be kind and on-topic.
No reader notes yet. Be the first to share what you know about this institution.