Funds of non-designated third parties involving designated credit or financial institutions (Personal Remittances) General Licence issued On Tuesday 28 May 2024, General Licence INT/2024/4761108 (the General Licence) was issued. This General Licence allows a Person to make use of the retail banking services of a designated Credit or Financial Institution provided that the payments made or received are intended for the personal use of a Person. The General Licence and its publication notice can be foundhere on GOV.UK. Anybody intending to use the General Licence should consult the copy of the licence for full details of the definitions, permissions, and usage requirements. | 
