Foreign Currency Direct Plc is an electronic money institution focused on foreign exchange and international transfers. Foreign Currency Direct Plc offers multi-currency e-wallets, international transfers, currency exchange, currency contracts, regular payments to individuals, companies. In 2019 Foreign Currency Direct Plc had total assets of 54.53 mln GBP, Foreign Currency Direct Plc generated net income of 1.03 mln GBP. Incorporated in the United Kingdom, Foreign Currency Direct Plc is authorized and regulated by the Financial Conduct Authority.
Foreign Currency Direct do not conduct operations with cryptocurrencies.
Foreign Currency Direct Plc is authorized by the Financial Conduct Authority (reference number 902022) 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 12 July 2018.
Due to EEA passport rules Foreign Currency Direct Plc, can conduct its activities in any of the 31 EEA member states. Foreign Currency Direct Plc do not participate in deposit guarantee schemes.