FCA Small Payment Institution — application in progress

UK to Nigeria transfers with the controls people expect from a bank.

Payscribe Limited is preparing to launch money remittance between the UK and Nigeria — see the live rate and fee before you send, and your recipient gets paid in Naira, usually within minutes.

Live rate before confirmation
Recipient name check
UK entity, UK compliance process

We're not yet open for customers. This page exists so anyone — regulators, banking partners, or future customers — can see exactly what Payscribe Limited does, and where it stands.

Transfer preview

UK to Nigeria corridor

Rate locked

You send

£250.00

Faster Payments

They receive

₦492,500

Nigerian bank account

Fee

Shown upfront

Speed

Usually minutes

Status

Live tracking

LondonGBPLagosNGN
Sent via Faster PaymentsPaid out via NIP rails

How it works

A simple flow with fewer unknowns.

No stored balances, no wallet detours. A transfer moves from your UK bank account to their Nigerian bank account with the important checks shown before you commit.

01

Name match before payment

Add your recipient

Enter their name, bank, and account number. We confirm the account belongs to them before you send anything.

02

Rate, fee, payout shown

See the real cost upfront

The exchange rate, our fee, and the exact amount they'll receive in Naira — all shown before you confirm.

03

Bank-to-bank payout

They get paid, fast

Once you send the GBP, your recipient receives NGN in their Nigerian bank account — usually within minutes.

Launch note: Payscribe Limited is still preparing to open for customers. The flow above describes the intended customer experience once the UK remittance service goes live.

Regulatory status

Compliance details that are easy to verify.

Most companies bury this. We're putting it on the front page — because if you're trusting us with a transfer to family, you should be able to check who we are first.

Applications pending

We are not yet open for UK customers. The FCA and HMRC statuses below show where the setup process currently stands.

Narrow UK scope

This UK entity is focused on money remittance between the UK and Nigeria.

Payscribe Limited

United Kingdom · Money Remittance

FCA application in progress

Companies House Number

17196544

Registered Office

12 Beverley Road, Hull, HU5 1LU, UK

ICO Registration

ZC155519

HMRC MSB Application

Ref. XFML00000221629 — pending

FCA Registration

Small Payment Institution — application in progress

Regulated Activity

Money remittance (UK ⇄ Nigeria)

What Payscribe Limited does

  • Money remittance between the UK and Nigeria
  • Foreign exchange as part of that transfer
  • Both individual and business transfers

What it doesn't do

  • Hold accounts, wallets, or e-money balances
  • Issue cards or stablecoin products
  • Lending, investments, or crypto custody

About this page

One brand, clear entity boundaries.

The Payscribe name appears in more than one market. This section makes clear which company is relevant for UK remittance, and which services are outside the UK offer.

UK page entity

United Kingdom

Payscribe Limited

Company No. 17196544

Applying to offer UK to Nigeria money remittance.

Relevant to UK customers, banking partners, and regulators.

Separate Nigerian entity

Nigeria

Pscribe Digital Services Limited

RC1946239

Offers a broader product set to customers in Nigeria.

Separate company and not the provider of UK customer products.

Pscribe Digital Services Limited acts as Payscribe Limited's technology and payments infrastructure provider under a services agreement, but it is a separate, independently owned company. Its cards, stablecoin, and wider Nigeria-market products are not offered to UK customers through Payscribe Limited.
Pre-launch UK remittance

Be first to know when UK to Nigeria transfers go live.

We're not yet open for customers. Leave your details and we'll let you know when onboarding, pricing, and live transfers are available.

What we will send

  • Launch date and supported customer types.
  • Indicative pricing, fees, and transfer limits.
  • How to verify Payscribe Limited before sending money.