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High risk Unauthorised firms

Wyseforte Bank on the FCA Warning List: Check Before You Deposit

The FCA named Wyseforte Bank on its Warning List on 6 October 2026. The entry describes a firm without authorisation, operating under a name that presents it as a bank.

The FCA's record

The FCA states that Wyseforte Bank is not authorised and may be targeting people in the UK.

The entry lists the website wyseforte.co.uk, an address at 75 Grosvenor Street, London W1K 3JS, and four email addresses on the same domain: support@wyseforte.co.uk, savings@wyseforte.co.uk, ending@wyseforte.co.uk and complaints@wyseforte.co.uk. No telephone number is given.

What the absence of authorisation means

Money placed with an unauthorised firm carries no right of complaint to the Financial Ombudsman Service and no claim on the Financial Services Compensation Scheme if the firm disappears.

Where a bank transfer to a fraudster was made on or after 7 October 2024, the paying bank may reimburse the loss under the Payment Systems Regulator's rules, provided the claim is made promptly.

The name and the inboxes give the site the outward form of a deposit-taker: an address for savings, and an address for complaints of the kind a regulated bank would publish. A UK bank that accepts deposits is authorised by the Prudential Regulation Authority, and that authorisation appears on the FCA Register under the bank's own name. A savings offer should be traced to that record, and the receiving account confirmed through Confirmation of Payee, before any money moves.

Source: FCA Warning List → · Published 6 October 2026 by the FCA · Summarised by MetaAshes 8 October 2026

This summary states only the facts published by the FCA at the time of writing. It is not financial or legal advice, and the FCA's own listing is the current record.