Estonian instant bank to bank money transfer firm TransferFast receives authorization

It was just announced this week the Estonian Financial Supervision Authority issued a payment institution authorisation to TransferFast OÜ. The authorisation allows to provide money remittance service.

FSA had earlier issued TransferFast OÜ an authorisation of exemption to provide money remittance service with a restriction.

At the same time with issuing the authorisation the authorisation of exemption was revoked and thus now TranferFast OÜ provides money remittance service based on the payment institution authorisation.

The members of the management board of TransferFast OÜ are Sergo Ulpus and Jaak Sarv.

All payment service providers that have been granted an authorisation by the FSA are available in the register of supervised entities.

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