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UK Bank Accounts: Guide to Traditional Banks and EMIs for 2024

by it@noveba.com | Jul 9, 2024 | Uncategorized

What kind of banks there are? There are two types of banks: physical banks and mobile banks. Physical banks have buildings you can visit if you have any questions, while mobile banks are on your mobile, like an app such as PayPal. Mobile banks are becoming very...

Understanding KYC and AML Verification in Banking: A Simplified Guide

by it@noveba.com | Jun 20, 2024 | Uncategorized

What is KYC? Know Your Customer, or KYC, is like the bank’s way of getting to know you when you first meet. Just like when you meet someone new, you’d like to know their name, where they live, and maybe what they do for a living. Banks do the same with...

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  • UK Bank Accounts: Guide to Traditional Banks and EMIs for 2024
  • Understanding KYC and AML Verification in Banking: A Simplified Guide
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Noveba Limited is a company registered in England with company number 11610200, authorised and regulated under the Electronic Money Regulations 2011 by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900924). You can check the Financial Services Register here.

See here for additional regulatory information and complaints policy.

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NOVEBA LIMITED
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The Financial Services Compensation Scheme does not cover electronic money products. No other compensation scheme exists to cover losses from your electronic money account. Your funds will be held in one or more segregated bank accounts with a regulated third party credit institution, in accordance with the provisions of the Electronic Money Regulations 2011.

Applicants must be aged 18 or over. Subject to successful identity and residency verification.

Noveba uses authorised partners to provide some of our services to clients (e-money, payment cards and more):

Clear Junction Limited, registered in England and Wales and is authorised by the Financial Conduct Authority under reference number 900684. DECTA Limited, registered in the England and Wales and it authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (FRN: 900592). DECTA Limited holds the Principal Member status of Visa International and Mastercard Worldwide. Mastercard is registered trademark of Mastercard International, Visa is a registered trademark of Visa Inc. PayrNet Limited is registered in England & Wales, authorised by the Financial Conduct Authority under reference number 900594.

Noveba Limited is a company registered in England with company number 11610200, authorised and regulated under the Electronic Money Regulations 2011 by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900924). You can check the Financial Services Register here.

See here for additional regulatory information and complaints policy.

The Financial Services Compensation Scheme does not cover electronic money products. No other compensation scheme exists to cover losses from your electronic money account. Your funds will be held in one or more segregated bank accounts with a regulated third party credit institution, in accordance with the provisions of the Electronic Money Regulations 2011.

Applicants must be aged 18 or over. Subject to successful identity and residency verification.

Noveba uses authorised partners to provide some of our services to clients (e-money, payment cards and more):

Clear Junction Limited, registered in England and Wales and is authorised by the Financial Conduct Authority under reference number 900684. DECTA Limited, registered in the England and Wales and it authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (FRN: 900592). DECTA Limited holds the Principal Member status of Visa International and Mastercard Worldwide. Mastercard is registered trademark of Mastercard International, Visa is a registered trademark of Visa Inc. PayrNet Limited is registered in England & Wales, authorised by the Financial Conduct Authority under reference number 900594.

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