Introduction
Entities that are created
- We will require you to create a profile – see here for more information
- We will verify that profile after you have provided information – see here for more information
- We will assign a wallet to this profile. This wallet will contain a unique Euro and GBP bank account. You wlll be able to see the details of that wallet – see here for more information
- You may assign funding sources to enable payments into this wallet via GBP direct debit or scheme cards (Visa / Mastercard) to be made into the wallet – see here for more information
- Payments can be made into the wallet via open banking, bank transfers and if a funding source is assigned, by GBP direct debit and scheme card. Schedules can be established to create recurring pulls of funds into a wallet – see here for more information
- Funds in the wallet are protected under eMoney regulations
- You may assign payees to enable payments out of this wallet via bank transfer – see here for more information
- You may pay funds out of the wallet to another wallet, or if you have created an external payee, to an external bank – see here for more information