FAQ's

Are money transfers regulated in United Kingdom?

Yes, every country has their set rule according to which they regulate the international money transfers, and the same is with United Kingdom. Here money transfer companies are regulated by Financial Conduct Authority (FCA) which is British independent organization and working to protect consumer affairs. It has the power to investigate make and pass regulations designed to protect consumers, as well as to implement best practices between financial firms and in the finance sector. It can also penalize if its regulations are violated.

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