United Kingdom · Payments & e-money
Currency Matters Limited
Currency Matters Limited is a foreign exchange and international payments firm incorporated in England in 2002 and formerly based in Ormskirk, Lancashire. The FCA authorises it as an authorised payment institution under the Payment Services Regulations 2017 (reference 537841). James Jonathan Anderson and Michelle Anderson are registered as its persons with significant control. After FCA restrictions imposed on 1 September 2025, it entered special administration on 6 October 2025 and ceased trading.
Licences and registrations
Held by Currency Matters Limited (LEI 894500FYGY1MSTOPRN27). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| FCA Financial Services Register - Payment Institutions & RAISPsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised Payment InstitutionPayment Institution | 537841 | United Kingdom | Active | 2018-05-11 | — |
|
Search the register ↗ |
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- CURMGB22XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of CURMGB22 marks reverse billing.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2013-10-19
- Last updated
- 2024-02-16
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Privately held
Firm type
FX and business payments
Trades as Currency Matters
- Standing · In liquidation or dissolved
- The FCA imposed requirements on 1 September 2025 that bar the firm from onboarding customers or accepting funds. The firm entered special administration on 6 October 2025 and has ceased to trade. It remains FCA-authorised under the control of joint special administrators from Opus Restructuring LLP.
- Ownership
- Companies House lists James Jonathan Anderson (75% or more of shares) and Michelle Anderson (more than 25% but not more than 50%) as persons with significant control.
- Major shareholders
- James Jonathan Anderson
Michelle Anderson - Head office
- Glenbourne House, 59/63 Burscough Street, L39 2EL Ormskirk, United Kingdom (registered office: C/O Opus Restructuring LLP, 1 Radian Court Knowlhill, Milton Keynes, MK5 8PJ)
- Company register
- Companies House 04461030
- Incorporated
- 13 Jun 2002
Online
- Websites & references
- currencymatters.co.uk ↗ former domain, now serving unrelated third-party content
opusllp.com ↗ joint special administrators' case page - Official social accounts
- None found
Sources · 8 pages consulted
- fca.org.uk/publication/supervisory-notices/first-supervisory-notice-currency-matters-limited.pdf
- fca.org.uk/news/news-stories/currency-matters-limited-enters-special-administration
- find-and-update.company-information.service.gov.uk/company/04461030
- find-and-update.company-information.service.gov.uk/company/04461030/officers
- find-and-update.company-information.service.gov.uk/company/04461030/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/04461030/insolvency
- opusllp.com/restructuring-insolvency/case-currency-matters-limited-in-special-administration/
- currencymatters.co.uk/
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an authorised payment institution under the Payment Services Regulations 2017, with permissions for money remittance and issuing or acquiring payment instruments. Since 1 September 2025 FCA-imposed requirements have barred it from onboarding customers or accepting funds.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Payment Institution | 537841 | In its own name | Suspended | register.fca.org.uk ↗ |
| HM Revenue and Customs United Kingdom | Money Service Business registration | 12140232 | In its own name | Status unconfirmed | — |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsAccording to the special administrators, the firm segregated customer funds from its own funds. The FCA found that some relevant funds were held with a non-bank payment institution and that there was a shortfall in customer funds.
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
Until it ceased trading in 2025, it provided international payments, currency conversion and forward contracts to corporate and private clients. Its terms limited it to payments for trade or commercial purposes.
It served clients from the United Kingdom. The FCA noted that it held a passport to carry on its permitted activities in Gibraltar.
- Sells to
- Small businesses · Enterprises · Consumers
- Serves customers in
- United Kingdom
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- James Jonathan Anderson Director and Company Secretary
- Executive
- Michelle Anderson Director
Recent events 4 enforcement or investigation items
Researched 29 Sep 2026 · Sources
-
Enforcement
The FCA published its First Supervisory Notice, citing concerns about governance, safeguarding, capital and cooperation with the regulator.
fca.org.uk ↗ -
Other
The High Court placed the firm in special administration and appointed Frank Ofonagoro and Allister Manson of Opus Restructuring LLP as joint special administrators.
fca.org.uk ↗ -
Enforcement
The FCA barred the firm from onboarding customers, accepting funds or disposing of assets without its consent.
fca.org.uk ↗ -
Other
The firm obtained a freezing injunction against an individual it suspected of misappropriating funds.
fca.org.uk ↗ -
Incident
The firm told the FCA it was insolvent because of an alleged misappropriation of funds, including safeguarded customer funds.
fca.org.uk ↗ -
Incident
The firm told the FCA that its payment services provider had offboarded it and held about GBP 2 million of firm and client funds.
fca.org.uk ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- CURMGB22XXX
- How the BIC breaks down
- CURMBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 894500FYGY1MSTOPRN27
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-PSD
- 537841
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate on the UK company number the register gives.
- Register-entry ID
- ba460998c310
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Register licences
- 1 entry on 1 register
- Activities
- Payment services
- Licensed in
- United Kingdom
- Country · region
- United Kingdom · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- 63 BURSCOUGH STREET ORMSKIRK L39 2EL UNITED KINGDOM
- Operational address
- 63 BURSCOUGH STREET ORMSKIRK ORMSKIRK L39 2EL UNITED KINGDOM
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>CURMGB22XXX</BICFI>
<LEI>894500FYGY1MSTOPRN27</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>CURMGB22XXX</BICFI>
<LEI>894500FYGY1MSTOPRN27</LEI>
<Nm>CURRENCY MATTERS LIMITED</Nm>
<PstlAdr>
<TwnNm>ORMSKIRK</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>63 BURSCOUGH STREET ORMSKIRK L39 2EL</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- FCA Financial Services Register - Payment Institutions & RAISPs—Financial Conduct Authority (FCA) · register ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
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