LCC Payment services company Trans-Sending Limited (LCC) has agreed it will not onboard new customers, following action by the UK’s Financial Conduct Authority (FCA).
On June 10, 2024, LCC closed for new business and stopped accepting funds from customers.
To ensure customers are protected, the FCA has called on LCCs to sign a formal agreement on this. On 13 June 2024, LCC signed an undertaking that it would not:
- new customers on board
- onboard or register new agents
- accept new funds from existing customers.
LCC Trans-Sending Limited (LCC) trades as:
- Small World Money Transfer
- Small World Financial Services
- Express Funds
- World Association
- Bayba (United Kingdom).
If you have money with LCC or one of LCC’s agents and are having trouble accessing your money, please contact the company directly.
- Email: support@smallworldfs.com
- Phone: +44 20 3198 0387
LCC is authorized and regulated by the FCA to provide payment services, specifically money remittance services, under the Payment Services Regulations 2017 (PSRs). The LCC is also supervised by His Majesty’s Revenue and Customs (HMRC) for money laundering purposes.