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. Transactworld Limited holds a current licence from the Financial Conduct Authority as an e-money institution under reference 900405, granted on 28 March 2018. The licence authorises three core activities: safeguarding of customer funds, issuance of electronic money, and distribution and redemption of electronic money. These are the specific operational permissions recorded against the entity.
The register does not list any EEA host states under passporting arrangements. Transactworld Limited operates under its UK authorisation only.
As recorded in the FCA register, the entity's operational status is active as of the last cross-check. The regulator, licence reference, and authorisation date are confirmed above. No EEA passporting is on record.
Licence timeline
3 dated eventsDated events for Transactworld Limited, 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
25/287
Transactworld Limited is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 25th oldest of the 287 dated United Kingdom EMI authorisations, one of 112 granted in 2018.
Is your money safe with Transactworld Limited?
Transactworld Limited 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 Transactworld Limited is permitted to carry out under its licence, as recorded in the register.
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
- Issuance of electronic moneyEMI_ISSUANCE
- Safeguarding of customer fundsSAFEGUARDING
Frequently asked questions
- Is Transactworld Limited a licensed e-money institution?
- Yes. Transactworld Limited holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 900405. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates Transactworld Limited?
- Transactworld 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 Transactworld Limited's licence or FRN number?
- Transactworld Limited's licence reference number is 900405. 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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