Bedford Pay LTD

Bedford Pay LTD Logo
Business Focus
providing simple payment system

Bedford Pay LTD is an electronic money institution focused on providing simple payment system. Bedford Pay LTD offers personal accounts, business accounts, payment cards to individuals, small- medium businesses. Incorporated in the United Kingdom, Bedford Pay LTD is authorized and regulated by the Financial Conduct Authority.

Products
  • personal accounts
  • business accounts
  • payment cards
Clients
  • individuals
  • small- medium businesses

Area Served

internationally
EU European Union

Personal Account

Payment Cards
physical
virtual
Personal IBAN
not available
UK Account Number
not available
Customer Groups
EU residents
non-EU residents
Pricing Plans
Resident EU
International
Payment Cards

Personal Payment Card (MasterCard) can be ordered together with Personal Account. Virtual cards are not available.

Pricing Plans

Personal Account is offered with several pricing plans for different customer groups, namely Resident EU, International.

  • Resident EU
  • offered to: EU residents
  • Initial Fee 2.00 EUR
  • Monthly Fee 0.00 EUR
  • SEPA Outgoing 1.00 EUR
  • SWIFT Outgoing 70.00 EUR
  • International
  • offered to: non-EU residents
  • Initial Fee 30.00 EUR
  • Monthly Fee 20.00 EUR
  • SEPA Outgoing 40.00 EUR
  • SWIFT Outgoing 70.00 EUR

Alternatives to Bedford Pay Personal Account

See Also

Personal Payment Cards

Personal Payment Card
Card Type
debit
physical
Currency
single currency
EUR
Card Provider
MasterCard
Card Type

Bedford Pay cards are debit cards, rather than prepaid cards.

Debit vs Prepaid Cards. Debit cards do not have a separate balance and are connected to an account or e-wallet. Such cards are are loaded automatically when the account/e-wallet is being topped up. Prepaid cards have a separate balance from an account or e-wallet. These cards have to be loaded manually, usually from the account/e-wallet.

Bedford Pay cards are issued only as physical (plastic) cards and are delivered to the customer's address.

Currency

Personal Payment Card is a single currency card, it can be issued in EUR only.

Card Loading

Bedford Payment Card is topped up by uploading funds into the corresponding Bedford Payment Account, as the two are directly connected.

Card Fees and Limits
Bedford Payment Card
Card Issue Feefree
Card Delivery Feefree
Monthly Card Fee50.00 EUR
Online Purchases Feefree
In-store Purchases Feefree
ATM Withdrawal Fee2.00% + 0.70 EUR
ATM Withdrawal Daily Limit1,000 EUR
Payments Daily Limit5,000 EUR
Transactions Monthly Limit50,000 EUR

Alternatives to Bedford Pay Personal Payment Cards

See Also

Business Account

Business Account
Payment Cards
physical
virtual
Personal IBAN
not available
Customer Groups
EU residents
non-EU residents
Pricing Plans
Resident EU
International
Payment Cards

Business Payment Card (MasterCard) can be ordered together with Business Account. Virtual cards are not available.

Pricing Plans

Business Account is offered with several pricing plans for different customer groups, namely Resident EU, International.

  • Resident EU
  • offered to: EU residents
  • Initial Fee 20.00 EUR
  • Monthly Fee 0.00 EUR
  • SEPA Outgoing 40.00 EUR
  • SWIFT Outgoing 40.00 EUR
  • International
  • offered to: non-EU residents
  • Initial Fee 500.00 EUR
  • Monthly Fee 100.00 EUR
  • SEPA Outgoing 40.00 EUR
  • SWIFT Outgoing 80.00 EUR

Alternatives to Bedford Pay Business Account

See Also

Business Payment Cards

Business Payment Card
Card Type
debit
physical
Currency
single currency
EUR
Card Provider
MasterCard
Card Type

Bedford Pay cards are debit cards, rather than prepaid cards.

Debit vs Prepaid Cards. Debit cards do not have a separate balance and are connected to an account or e-wallet. Such cards are are loaded automatically when the account/e-wallet is being topped up. Prepaid cards have a separate balance from an account or e-wallet. These cards have to be loaded manually, usually from the account/e-wallet.

Bedford Pay cards are issued only as physical (plastic) cards and are delivered to the customer's address.

Currency

Business Payment Card is a single currency card, it can be issued in EUR only.

Card Loading

Bedford Payment Card is topped up by uploading funds into the corresponding Bedford Payment Account, as the two are directly connected.

Card Fees and Limits
Bedford Payment Card
Card Issue Feefree
Card Delivery Feefree
Monthly Card Fee50.00 EUR
Online Purchases Feefree
In-store Purchases Feefree
ATM Withdrawal Fee2.00% + 0.70 EUR
ATM Withdrawal Daily Limit1,000 EUR
Payments Daily Limit5,000 EUR
Transactions Monthly Limit50,000 EUR

Alternatives to Bedford Pay Business Payment Cards

See Also

Operations with Cryptocurrencies

No

Bedford Pay do not conduct operations with cryptocurrencies.

See Also

Company Details

Country of Registration
GBUnited Kingdom
BIC
BEAYGB22
Authorized By
Financial Conduct Authority
Reference Number
900933
Authorization Granted
14 August 2019
Authorized Activities
  • issuance of electronic money
  • refund of electronic money
  • placing cash to a payment account
  • withdrawing cash from a payment account
  • execution of payment transactions on a payment account (not covered by a credit line)
  • execution of payment transactions on a payment account (using a credit line)
  • issuing payment instruments or acquiring payment transactions
  • money remittance

Bedford Pay LTD is authorized by the Financial Conduct Authority (reference number 900933) for issuance of electronic money, refund of electronic money, placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance. The authorization was granted on 14 August 2019.

EEA Passport
Yes
Deposit Guarantee
No

Due to EEA passport rules Bedford Pay LTD, can conduct its activities in any of the 31 EEA member states. Bedford Pay LTD do not participate in deposit guarantee schemes.

Membership
SWIFT

Bedford Pay LTD is a SWIFT member.

See Also

Contacts

207 Regent Street 3rd Floor, W1B 3HH, London, United Kingdom
+44 2036082808
Website Languages
GBEnglish

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See Also