Bureau De Change Business in the UK

WaveJumper

Free Member
  • Aug 26, 2013
    2,393
    602
    Essex
    How to become a foreign currency dealer
    1.Step one: register with HMRC under the money laundering regulations. This costs £110. ...
    2.Step two: register as a "small payments institution" with the FSA. This costs £500. ...
    3.Step three: form a limited company, which costs around £150 for an off-the-shelf firm.

    All the links you need are here on .gov
    https://www.gov.uk/guidance/money-laundering-regulations-money-service-business-registration

    Plus other reading here
    https://assets.publishing.service.g...s-guidance-for-foreign-exchange-providers.pdf
     
    Upvote 0

    Subscribe to our newsletters


    Real community whatever your business.
    Sign up to our full membership View Documentation

    About us

    • Our community has been around for many years and pride ourselves on offering unbiased, critical discussion among people of all different backgrounds. We are working every day to make sure our community is one of the best.

    Quick Navigation

    User Menu