Timeframe & Additional Services for API License UK

Timeframe

After you have completed your UK API License application, you should hear from us soon, ideally within one working week. We will then help file your application with the FCA. You may receive a decision regarding your UK API License application within 6 months of your submission. In cases where the FCA demands more information or documents from your end, your license application process may take up to 12 months. This is why we recommend all our clients to provide us with all the documents in one go so we can proceed with their application without any hurdles. To avoid delays, you must read through our website in detail and submit all required documentation in a timely manner. 

Additional Services

We assist our clients in fulfilling their API licensing requirements, which include opening of a Safeguarding Account. Through our partner banking institutions in the EU, we open a safeguarding account for our clients, which is approved by the FCA. No matter what stage of your business you are in, we will help you every step of the way, be it drafting of business plans, measures to take during complications, choosing the right partner institutions, obtaining all required licenses and registrations and much much more.

This page was last updated on February 3, 2022.