Central Bank of Ireland Issues Warning on Unauthorised Firm – Daily Remit Ltd

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a firm calling itself Daily Remit Ltd - www.daily-remit.com (Ireland/ Switzerland) has been operating as a payment institution and/or as a money transmission business in the State in the absence of appropriate authorisations. 

A list of unauthorised firms published to date is available on the Central Bank website.

It is a criminal offence for an unauthorised firm to provide financial services in and/or from Ireland that would require an authorisation under the relevant legislation for which the Central Bank is the responsible body for enforcing.  Consumers should be aware, that if they deal with a firm that is not authorised, they are not eligible for compensation from any available Compensation Schemes. 

Fraudsters are increasingly using legitimate firms’ details to add an air of legitimacy to their fraud. The fraudsters will 'borrow' some or all of the legitimate information of an authorised / legitimate firm for the purpose of this fraud. They may quote authorisation numbers / company registration numbers and links to seemingly legitimate websites and even provide the real address of an authorised / legitimate firm.  Consumers are advised to check our register to verify a firm’s details and to call the firm back directly using its advertised phone number.  

For further information, please visit the Avoiding Scams and Unauthorised Activity section of the Central Bank’s website. 

Any person wishing to contact the Central Bank with information regarding such firms / persons may telephone (01) 224 4000. This line is also available to the public to check if a firm is authorised.

Ends

Notes to editors

The name of the above firm is published under Section 53 of the Central Bank (Supervision and Enforcement) Act 2013.