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 8 years ago.
About this institution
Verified active. Boku Account Services UK Ltd holds a UK e-money licence under FCA reference 900030. The licence authorises Boku to issue electronic money, safeguard customer funds, and distribute and redeem electronic money. Issuance allows customers to hold funds electronically, while safeguarding requires segregation of customer funds from the institution's own. Distribution and redemption complete the payment cycle, permitting transfers and withdrawals of issued electronic money. The FCA oversees compliance, ensuring financial stability and consumer protection. By safeguarding funds, Boku must maintain separate accounts and audit trails, safeguarding against misuse. The licence enables electronic money to be used for everyday payments within the UK economy. The register shows no EEA passporting for Boku; no host states are recorded. Consequently, the licence applies solely within the United Kingdom, with no expansion across European host states. The absence of passporting indicates that Boku has not applied for, or been granted, cross-border permission. The license authorisation does not extend to foreign currencies outside the UK. This restriction means customers cannot use Boku services in other European markets. Data note: The licence was granted on 24 May 2018 and remains active. The licence record also shows no change in status since issuance. The FCA register lists Boku Account Services UK Ltd under reference 900030 as active.
Licence timeline
3 dated eventsDated events for Boku Account Services UK 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
76/287
Boku Account Services UK Ltd is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 76th oldest of the 287 dated United Kingdom EMI authorisations, one of 112 granted in 2018.
Is your money safe with Boku Account Services UK Ltd?
Boku Account Services UK 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 Boku Account Services UK Ltd is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is Boku Account Services UK Ltd a licensed e-money institution?
- Yes. Boku Account Services UK Ltd holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 900030. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates Boku Account Services UK Ltd?
- Boku Account Services UK 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 Boku Account Services UK Ltd's licence or FRN number?
- Boku Account Services UK Ltd's licence reference number is 900030. 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
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