Timeframe The application for a new Small Payment Institution (SPI) license in the UK can be complex and hard to navigate for inexperienced applicants. Our experts are available to help you finish the process quickly and seamlessly. After you have…
To apply for the SPI licence, the following criteria must be met (from the FCA website):
What is a Small Payment Institution License in the UK and Who Issues it? A small payment institution (SPI) license in the United Kingdom is a type of license that allows a company to carry out limited payment services within…
A Small Payment Institution in the UK is issued by the FCA which currently regulates about 59,000 firms. A SPI license in the UK enables you to offer a lot including depositing and withdrawing money from a payment account, execution…