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  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

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● Statement
← Home

CoBanq

Payment institution · United Kingdom

About the company

Legal company nameCoBanq Ltd
Year founded2003
Headquarters / registered countryLondon, United Kingdom
Websitewww.cobanq.com
Last checked08.10.2026

According to its official website, CoBanq is a UK-based financial technology company founded in 2003 that provides cross-border payment solutions to individuals and businesses. CoBanq Ltd, registered in England and Wales (company no 04995400), has its registered office in London (Level39, One Canada Square, Canary Wharf); the site says the company is authorised and regulated by the FCA under the Payment Services Regulations 2017 (FCA registration no 508565) and is not a bank. It offers individuals money transfers to family and friends under the CoRemit brand, above all to India, Nigeria, the Philippines, Pakistan and Bangladesh; freelancers the ability to get paid by clients and platforms abroad; businesses a multi-currency account with 11 foreign currencies alongside GBP on one IBAN, real-time FX, supplier payments and cross-border payouts; and banks, payment institutions and remittance networks white-label payment services and infrastructure connectivity. The site says most transfers are processed within 24 hours and that the fee and exchange rate are shown before confirmation. This information is the company's own statement.

Account Details

ACCOUNT TYPESPersonal · Business
MIN. DEPOSITNot stated
PLATFORMSOnline account dashboard
PRODUCTSInternational money transfers (CoRemit) · Multi-currency account (IBAN) · Currency exchange · Business payments · White-label payment services

Licences and regulation

FCA (United Kingdom)

Licence no.FRN 508565
Licence holderCOBANQ LTD
ScopeListed in the FCA register as an Authorised Payment Institution under COBANQ LTD (FRN 508565) since 24 May 2018.
StatusVerified

Sources and verification history

Official company sourcescobanq.com — homepage, About/Regulatory, Business, Partners and FAQ content (read from the site's JavaScript content bundle)
Regulator recordsFCA — COBANQ LTD, FRN 508565 (register.fca.org.uk; payment institution record)
Company registerCompanies House — COBANQ LTD, company no 04995400, incorporated 15.12.2003
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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