Is Optal Financial Limited a licensed e-money institution?

Yes. Optal Financial Limited holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 900112. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.

Who regulates Optal Financial Limited?

Optal Financial 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 Optal Financial Limited's licence or FRN number?

Optal Financial Limited's licence reference number is 900112. 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.

Optal Financial Limited

4.0(1 note)ActiveEMI

View on register

Regulator

Financial Conduct Authority

Licence number

900112

Authorised since

07 Mar 2018

EEA passports

Profile rates

Data-derived · A is broadest

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

Reach: DomesticTier D
Scope: SpecialistTier C
Tenure: MatureTier B

About this institution

Verified active. Optal Financial Limited holds a current licence as an electronic money institution authorised by the Financial Conduct Authority under reference 900112. The entity was licensed on 7 March 2018 and cross-checked as operationally active as at the last register review.

The authorised activities as recorded in the FCA register are distribution and redemption of electronic money, issuance of electronic money, and safeguarding of customer funds. These three core competencies define the scope of the licence and the services the institution may lawfully provide within its jurisdiction.

The register lists zero EEA host states for passporting purposes. This means the licence does not extend to any other European Economic Area member state. Operations are confined to the United Kingdom. As a data note, no record of EEA passporting activity is on file. The Financial Conduct Authority maintains the authorisation under reference 900112, and the entity's authorisation continues as at the last cross-check.

Authorised activities (PSD2 / EMD2)

Payment-services activities Optal Financial Limited 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 Optal Financial Limited a licensed e-money institution?: Yes. Optal Financial Limited holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 900112. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
Who regulates Optal Financial Limited?: Optal Financial 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 Optal Financial Limited's licence or FRN number?: Optal Financial Limited's licence reference number is 900112. 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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