We are excited to announce Riverside Escrow has received regulatory approval from the FCA for its recent application to transfer from a Small Payment Institution to an Authorised Payment Institution.
The application has been part of Riverside Escrow’s long term strategy since opening for business in 2015. Until now, Riverside Escrow was subject to regulatory controls on the amount of money it could accept into its account when providing escrow services. As a result of the regulatory approval from the FCA, Riverside is no longer subject to those controls.
We are therefore able to assist with fundraises, purchasing and supplying of goods, holding investment or brokerage sums, crowd funding of any size, whether this be £100,000 or £1 billion.
Matthew Lea of Riverside Escrow, had the following to say:
“It gives me great pleasure to announce the success of our FCA application, it gives us the ability to service all of our clients’ requirements without financial limits. The hard work that the Riverside Team put into making this application a success was phenomenal and it is exactly that hard work and determination that gives us the ability to provide high quality transactional support to our clients. The next 5 years looks very exciting as a result of this recent success – I am certainly looking forward to it.”
If you would like more information on how Riverside Escrow can assist you with your escrow requirements, we have experienced executives who are able to discuss this with you. Please contact a member of the escrow team for further assistance firstname.lastname@example.org and by phone on +44 1276 854660.
Riverside Escrow is a UK based FCA authorised escrow company helping businesses and individuals exchange assets and funds.
We were first set up in 2014 and we offer high quality and cost effective Escrow Services in a board range of transactions. Our dedicated team of staff strives to provide efficient and clear services, tailored to fit each individual transaction.
Riverside Escrow Limited is authorised by the Financial Conduct Authority as a Payment Institution under the Payment Services Regulations 2017 with registration number 920922 for the provision of payment services.