Quote:
Originally Posted by Konda
Maybe contact FCA directly? They do seem to have an active license:
https://register.fca.org.uk/ShPo_Fir...000000m4IXgAAM
They can't just hold people's money hostage without telling the exact issue that was found and a time frame of how long they expect it to take to fix it. |
If you look on that page I think this is the important bit - Under 'Requirements':
Quote:
Institution to refrain from AIS or PIS for an indefinite period
Must comply with the requirements in regulation 78A(2)(b)of the Electronic Money Regulations 2011 to refrain from providing account information services or payment initiation services for an indefinite period
|
I could be wrong, but I think they are telling the truth about being blocked. However, if you google it, it seems that it's done when a company goes tits up - It's pure supposition on my part based on what I have read so Caveat Emptor!..