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Review verifiable information about forex brokers, banks, fintechs, crypto exchanges and payment providers in one place.

Verify with the source.Wherever possible, information is matched against official registers and primary sources.
When was it checked?We clearly show when each critical piece of data was last checked.
Know the type of information.We classify user complaints, company statements and official records separately.
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HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

BCRemit

Payment institution · United Kingdom

About the company

Legal company nameBC Remittance Limited
Year founded2015
Headquarters / registered countryLondon, United Kingdom
Websitewww.bcremit.com
Last checked08.10.2026

According to its official website, BCRemit is an online remittance service focused on money transfers to the Philippines, serving individual customers through its mobile app, website and call centre. In its United Kingdom version, the site states that the service is provided by London-registered BC Remittance Limited, which is registered with HMRC as a money service business and authorised and regulated by the Financial Conduct Authority (FCA) as a payment institution (reference 929078); customers in the United States are served by BC Remittance LLC and those in Canada by BCRemit Fintech Ltd., and the group also lists addresses in Spain and the Philippines. Transfers are paid out in the Philippines to bank accounts, mobile wallets such as GCash, Maya and Coins.ph, or more than 17,000 cash pick-up outlets; transfer fees start at 2.99, with an FX spread applied on top. This information is the company's own statement.

Account Details

ACCOUNT TYPESPersonal account
MIN. DEPOSITNot stated
PLATFORMSMobile app · Website · Call centre
PRODUCTSMoney transfers to the Philippines · Bank account payout · Mobile wallet payout (GCash, Maya, Coins.ph) · Cash pick-up

Licences and regulation

FCA (United Kingdom)

Licence no.FRN 929078
Licence holderBC Remittance Ltd.
ScopeListed in the FCA register as an Authorised Payment Institution under BC Remittance Ltd. (FRN 929078) since 30 Nov 2020.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: July 2024 – October 2026

  • Withdrawal / payment: 2

No. 468 for most complaints among the 532 institutions with complaint records (918 institutions listed on the site).

RANK BY TOPIC — Withdrawal / payment: 385.

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on BCRemit's Trustpilot page (2) as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the BCRemit name are left out. Across the complaints, delayed transfers and refunds not being paid stand out.

Sources and verification history

Official company sourcesbcremit.com — homepage, FAQs, terms and conditions, privacy policy and the United Kingdom footer text in the site code
Regulator recordsFCA — BC Remittance Ltd., FRN 929078 (register.fca.org.uk)
Company registerCompanies House — BC REMITTANCE LIMITED, company no 09478401, incorporated 09.03.2015
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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