Registered with the FCA
Western Thrace Exchange is registered as a small payment institution. That is a lighter regime than full FCA authorisation, applied to smaller payment firms, and safeguarding of customer money is optional at this size.
Website, phone number and address
Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.
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No website on the FCA register
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Phone number
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Address
44, Hanway Street, London, W1T 1UT, United Kingdom
In the full report: 2 background checks
- What kind of line 020 7436 9970 is
- Who else gives the postcode W1T 1UT
Other names (1)
If you were contacted under any of these names, it is this firm.
- Ismail Oyzoyn & Ahmet Baty Former name: A name it was registered under before.
FCA permissions and consumer protection
- Handle payments & transfers No FSCS coverSafeguarding is optional for a payment firm of this size, so your money may not be held in a separate protected account. Ask the firm whether it safeguards customer funds before sending it money. FSCS protection does not apply either way.
- Complaints Ombudsman, freeYou can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (1 permission)
- 6. Money remittance.
FCA disciplinary action and complaints
No FCA disciplinary action.
The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.
Key dates in its history
Western Thrace Exchange’s history from the FCA register and Companies House, newest first.
2018
16 July 2018
- Registered as a small payment institution
FCA register
2013
1 April 2013
- Regulated by the FCA from this date
FCA register
31 March 2013
- No longer regulated by the Financial Services Authority
FCA register
2011
21 November 2011
- Changed its registered name from "Western Thrace Exchange"
FCA register
1 February 2011
- Regulated by the Financial Services Authority from this date
- Changed its registered name from "Ismail Oyzoyn & Ahmet Baty"
FCA register
2002
1 June 2002
- Supervised by HMRC under the money laundering rules from this date
FCA register
Director appointments and resignations, and trading names, appear under All events.
Firms connected to Western Thrace Exchange
Other FCA-listed firms that share a director, phone number or address with Western Thrace Exchange. A link shows who the firm is tied to, not whether either can be trusted.
- connected firm
- 1
- no longer authorised
- 1
- share its postcode
- 1
In the full report: the connected firm, named
- How it is linked: the same postcode (1)
- Who links it to this firm: the named directors, with dates
Firms like Western Thrace Exchange
Other firms of the same type (payment or money transfer firm), nearest first.
In London
Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.
Get the full report on Western Thrace Exchange
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 2 background checks on its contact details
- All 7 events in its history
- 1 connected firm, named, and who links them
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Frequently asked questions about this firm
Is Western Thrace Exchange FCA authorised?
What is Western Thrace Exchange’s phone number?
Is Western Thrace Exchange a scam or clone?
Is my money safe with Western Thrace Exchange?
Does Western Thrace Exchange use any other names?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- How safeguarding works fca.org.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk