Mercury Foreign Exchange Limited

E-money or payment institution · LONDON, United Kingdom · overall 4.8 / 10

Open in Bank Index

How this 4.8 is built

Average of 10 scored needs: 4.8. Regulation in United Kingdom: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

MERCURY FOREIGN EXCHANGE LIMITED is recorded in the global register as an e-money or payment institution in LONDON, United Kingdom. The register names Financial Conduct Authority as its regulator and shows the licence as registered. Established 2007. Collected from open registers. We have not checked this company by hand yet.

On its own website: “Mercury is a currency specialist offering bank-beating exchange rates and lower transaction fees on international transactions. Use us & save money!”

Legal name: MERCURY FOREIGN EXCHANGE LIMITED
Regulated by: Financial Conduct Authority
Licence confirmed: yes, on a regulator's own list
Established: 2007
LEI: 254900TD2L1VUMO0MW11
Website: mercury.global/

Scores, 0 to 10

6.0United Kingdom

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

6.0Fast digital onboarding

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

6.0Online businesses: e-commerce and SaaS

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.5Lowest fees

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.5Fintech companies that need a partner bank

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.5Startups & VC-backed companies

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.0Cross-border payments, FX and multi-currency accounts

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.0Business cards (Visa, Mastercard)

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

4.0Financial strength & stability

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

3.5Trade, manufacturing & import-export

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

2.0Best interest on business balances

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.