Unlimit UK Ltd is authorised to carry out the following activities in the UK: a) Services enabling cash placement on a payment account b) Services enabling cash withdrawals from a payment account c) Execution of payment transactions (not covered by a credit line) d) Execution of payment transactions (covered by a credit line) e) Issuing payment instruments or acquiring payment transactions f) Money remittance h) Issuing Electronic Money i) Payment initiation services

Money that clients hold with Unlimit UK Ltd for the purposes of using payment services and electronic money services does not constitute deposits, savings or other repayable funds. Unlimit UK Ltd, as an electronic money institution, does not accept funds for deposits or savings. Client money is therefore not protected by a deposit guarantee scheme and Unlimit clients cannot seek compensation from this scheme. Further information can be found here.