According to its official website, Vel is an international money transfer platform that lets individuals and businesses send money between the United Kingdom and Nigeria. The site lists individuals supporting family, freelancers, students and businesses paying Nigerian suppliers, employees or partners as its users; it offers bank account, mobile wallet or cash pickup payout and funding by bank transfer, card or mobile wallet, with transfers from a GBP wallet in the UK to naira accounts in Nigeria. Fees depend on the sending country, payment method and amount, and limits depend on the verification level. The site links to the app on the App Store and Google Play, while some sections say the app is available soon and offer a waitlist. The seller of the Vel app on the App Store is Velocity Transfers UK Limited; in the FCA register the company's trading names are Velocity, Velocity Money and Velocity International, and its permission is limited to money remittance. The company was incorporated in 2017 as Jabex International Limited. This information is the company's own statement.
Datos de la cuenta
TIPOS DE CUENTAIndividual and business clients
DEPÓSITO MÍN.Not stated
PLATAFORMASVel mobile app (iOS, Android) · Web app
PRODUCTOSInternational money transfer · GBP wallet · Bank, mobile wallet and cash pickup payout
Licencias y regulación
FCA (Reino Unido)
N.º de licenciaFRN 797342
Titular de la licenciaVelocity Transfers UK Limited
AlcanceListed in the FCA register as an Authorised Payment Institution under Velocity Transfers UK Limited (FRN 797342) since 14 Nov 2018.
EstadoVerificada
Fuentes e historial de verificación
Fuentes oficiales de la empresavelocitytransfers.co.uk — homepage, Company, Contact and Partners pages; App Store listing
Registros del reguladorFCA — Velocity Transfers UK Limited, FRN 797342 (register.fca.org.uk)
Registro mercantilCompanies House — VELOCITY TRANSFERS UK LIMITED, company no 10675956, incorporated 17 Mar 2017
Fuentes de opiniones de usuariosTrustpilot · Şikayetvar · WikiFX
ForexQ.com
