ForexQ.com
ForexQ.com
According to its official website, URemit is the money transfer brand of U Remit (UK) Ltd. The site says the company was incorporated in June 2015 and authorised by the FCA as an Authorised Payment Institution on 1 August 2016, and that its network reaches more than 150,000 payment locations in over 132 countries. Services are provided through correspondent banks and selected agents: bank-to-bank transfers, payment on demand at a correspondent bank or agent office, payment with notice to the recipient (Advice Pay) and, in selected countries, door-to-door payment; the site says bank account transfers take 24–48 hours and cash pick-ups 10 minutes. Online products include instant RTGS/NEFT credit to bank branches in India and transfers to bank accounts in Pakistan, Bangladesh and the Philippines; transfers can also be sent and collected through U Remit agents, and a U Club Card loyalty programme is offered. The site gives its HMRC anti-money laundering registration number (12869959) and its Companies House number; its copyright notice is dated 2018 and its FAQ section is still in preparation. The FCA register lists U Remit (UK) Ltd as an Authorised Payment Institution; the register gives no website, and the address and company number on the site match the register. This information is the company's own statement.