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Cross-checked against the FCA + EBA registers

Licensed EMIsSee verified EMIs

BOUND RATES LIMITED

United Kingdom
No reader notes yetActiveEMI
View on register

Licence number

1036025

Authorised since

19 Feb 2026

EEA passports

0

Profile rates

Data-derived · A is broadest

Three named tiers comparing this institution against the rest of the European register.

Reach
DomesticTier D

No EEA passporting on record.

Scope
SpecialistTier C

Authorised for 3 payment-services activities.

Tenure
NewTier D

Authorised within the last year.

About this institution

Verified active. Bound Rates Limited holds a current licence from the Financial Conduct Authority as an electronic money institution, reference 1036025, granted 19 February 2026. The entity is authorised to issue electronic money, distribute and redeem electronic money, and safeguard customer funds. These three activities define the scope of its FCA authorisation.

The register records zero EEA passporting notifications. Bound Rates Limited operates under its UK licence only and has not notified any European Economic Area host state of its intention to provide services there.

Data note: the entity's authorisation continues as active as at the last register cross-check. No cross-border passporting activity is on record. The FCA licence reference is 1036025.

Authorised activities (PSD2 / EMD2)

Payment-services activities BOUND RATES LIMITED is permitted to carry out under its licence, as recorded in the register.

  • Issuance of electronic moneyEMI_ISSUANCE
  • Distribution and redemption of electronic moneyEMI_DISTRIBUTION
  • Safeguarding of customer fundsSAFEGUARDING

Frequently asked questions

Is BOUND RATES LIMITED a licensed e-money institution?
Yes. BOUND RATES LIMITED holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 1036025. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
Who regulates BOUND RATES LIMITED?
BOUND RATES LIMITED 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 BOUND RATES LIMITED's licence or FRN number?
BOUND RATES LIMITED's licence reference number is 1036025. 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.

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