Bank Index

MoneyTO

Bank · LONDON, United Kingdom · overall 5.2 / 10

Open in Bank Index

How this 5.2 is built

Average of 6 scored needs: 5.2. 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.

MONEYTO LIMITED is recorded in the global register as a bank in LONDON, United Kingdom. The register names FCA as its regulator and shows the licence as registered. Established 2004. Collected from open registers. We have not checked this company by hand yet.

On its own website: “Online and mobile money transfers with MoneyTO. Use your VISA, Mastercard or bank account c to send money home. Cheap. Excellent FX rates. We care about migrant workers”

Legal name
MONEYTO LIMITED
Regulated by
FCA
Licence confirmed
yes, on a regulator's own list
Established
2004
Website
www.moneyto.co.uk/

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
6.0Financial strength & stability
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · 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.