PayPal UK Ltd

Headline fees on the published free / standard plan, taken from the institution’s own fee schedule.

Plan

Personal wallet

Monthly fee

Free

Card issuance

n/a

Free ATM / month

n/a

ATM fee

n/a

FX markup

3.00% over base rate on conversions

SEPA transfer

Free in EUR within EEA

SWIFT transfer

Variable by destination

Domestic personal sends free in GBP. International personal: 5% (min GBP 0.99, max GBP 2.99). Bank withdrawal free in same currency.

Verified 8 May 2026·Source ↗

About this institution

Dated events for PayPal UK Ltd, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.

1. 01 Oct 2026

   Cross-checked against the Financial Conduct Authority register

   Automated daily verification of licence status and reference.

2. 06 Jul 2026

   First verified and added to this directory

3. 31 Oct 2023

   Licence granted by the Financial Conduct Authority

Position in the United Kingdom register

PayPal UK Ltd is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 239th oldest of the 287 dated United Kingdom EMI authorisations, one of 14 granted in 2023.

Is your money safe with PayPal UK Ltd?

PayPal 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.

How e-money safeguarding works → Verify on the register →

Authorised activities (PSD2 / EMD2)

Payment-services activities PayPal UK Ltd is permitted to carry out under its licence, as recorded in the register.

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

Frequently asked questions

Is PayPal UK Ltd a licensed e-money institution?

Yes. PayPal UK Ltd holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 994790. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.

Who regulates PayPal UK Ltd?

PayPal 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 PayPal UK Ltd's licence or FRN number?

PayPal UK Ltd's licence reference number is 994790. 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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