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AK Money is a registered trading name of Universal Securities & Investments Limited.
Universal Securities & Investments limited are authorised and regulated by the Financial Conduct Authority under the Payment Services Regulations 2009, registration 574754, for the provision of payment services. Universal Securities & Investments limited is also a registered MSB with HM Revenue & Customs
Most major currencies such as PKR, Euros and U.S. Dollars can be received within the same day (where Bank cut-off times allow). For other currencies it can take up to 24 hours. AK Money uses priority payments for all transfers, which is the fastest and safest type of bank to bank transfer and cash collection.
AK Money accepts payments by Bank Transfer and Card Payment. A bank transfer can be made online via your own online banking system/online banking mobile App or by visiting any branch of your bank provider.
Opening an account with AK Money is simple. Register online, once your registration is completed a member of our team will contact you for further assistance, if needed.
AK Money does not charge any commission upon your first transaction. Starting from your 2nd transaction onward a fixed fee will apply for any irrelevant amount.
AK Money holds client monies in segregated client accounts with its principle bankers. The Payment Services Regulations 2009 stipulate that all funds held in such accounts cannot be claimed by creditors. All funds sent to us are held in segregated accounts that are only used for client transactions and are independent of the AK Money business accounts.
AK Money abides and complies fully with the Data Protection Act 1998, which protects customers against the misuse of personal data held across both manual and electronic records.
