Company Information

Get to know 247 Remit

247 Remit Limited is a digital remittance service provider headquartered in London, United Kingdom. The company's mission is to offer a simple, reliable, and affordable platform for individuals, primarily in the UK and Europe, to send money to family and friends in various African countries. Leveraging technology, they aim to streamline the international payment process, providing competitive exchange rates and lower fees compared to traditional money transfer services. The service is accessible through their website and mobile applications.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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247 Remit

Hong Kong SAR

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.