simple and secure money transfers TalkRemit Ltd (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. TalkRemit is focused on simple and secure money transfers. The company offers e-wallet accounts, international money transfers. In 2022 TalkRemit Ltd had total assets of 21.76 mln GBP, and generated net income of 0.00 GBP. During 2022 the company had 0 employees in average.
13 August 2024, by Anna Mileiko
TheBanks.eu has developed a proprietary methodology to assign ratings to payment institutions based on their operating environment, company background, business model, market niche, product range, transparency, customer support and customer sentiment. According to the methodology, TalkRemit Ltd is assigned the overall rating 3.33 (average) which is explained in details below.
| Operating Environment | Very Friendly | (4.81) |
| Product Range | Narrow | (1.54) |
| Market Niche | Very Narrow | (1.35) |
| Company Background | Strong | (4.13) |
| Customer Support | Excellent | (4.56) |
| Customer Sentiment | Excellent | (4.30) |
| Transparency | Average | (2.88) |
| Overall Rating | Average | (3.33) |
|---|
TheBanks.eu has also identified the following pros and cons of the company:
TalkRemit offers money transfers between more than 90 countries in more than 20 currencies. Money can be sent from TalkRemit e-wallets, debit cards, credit cards and received to TalkRemit e-wallets, bank accounts, mobile phone accounts, cash pick-up points. Transfers made with TalkRemit are usually completed within 0-4 days.
The delivery time will vary depending on the payout options per destination country:
TalkRemit allows to send money from more than 20 countries, including:
United Kingdom
Norway
Sweden
Switzerland
United States
Canada
Germany
Netherlands
Denmark
Finland
Belgium
France
Italy
Ireland
Austria
Spain
PortugalTalkRemit allows to send money to more than 90 countries, including:
Somalia
Kenya
Uganda
Djibouti
Sudan
United Arab Emirates
Morocco
Yemen
Eritrea
Senegal
Turkey
Ethiopia
Qatar
Rwanda
Kuwait
Zambia
India
Pakistan
Bangladesh
Vietnam
Philippines
Colombia
Brazil
Thailand
Sri Lanka
Romania
Hungary
Poland
Albania
UkraineTalkRemit is neither registered with the Financial Conduct Authority (FCA) as a crypro asset firm, nor offers any crypto assets services.
From January 2020, firms carrying out specific cryptoasset activities in the United Kingdom need to comply with the amended Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (MLRs) and to register with the FCA.
TalkRemit Ltd is not registered with the FCA as a crypro asset firm.
TalkRemit do not offer crypto assets services.
| GBP | 2021 | 2022 | change (%) |
|---|---|---|---|
| Total Assets | 17,053,628.00 | 21,759,822.00 | +27.60% |
| Turnover | 1,288,663.00 | 1,343,802.00 | +4.28% |
| Gross Profit | 681,793.00 | 654,672.00 | -3.98% |
| Net Income | 0.00 | 0.00 |
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 74 (+21) |  Opay Holding Limited | 0.06 % | 17.14 mln GBP (+314.56%) |
| 75 (+9) | TalkRemit Ltd | 0.06 % | 17.05 mln GBP (+103.69%) |
| 76 (-6) |  PAYMENT CARD SOLUTIONS (UK) LIMITED | 0.06 % | 16.93 mln GBP (+15.70%) |
EnglishSwedishUnited KingdomTalkRemit Ltd is authorized by the Financial Conduct Authority as a e-money institution (reference number 900825) for issuance 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, execution of payment transactions via telecoms, IT system or network operator; the authorization was granted on 10 December 2018.
TalkRemit Ltd is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, TalkRemit is required to safeguard its customers’ money.
Since January 2021, TalkRemit Ltd can not conduct its activities in EEA member states. TalkRemit Ltd keeps providing its services to EEA-based customers via Talkremit AB (Sweden).
TalkRemit Ltd is a SWIFT member.
Office 652 2 Kingdom Street, London, Paddington, United Kingdom
+44 77 1022 8880EnglishTalkRemit has profiles on the following social networks:
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
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