Overview
Transpact is a British online escrow service for conditional payments between buyers and sellers. Funds are released after an agreed confirmation or the decision of an arbitrator provided for by the parties. The operating entity is Anpa Forward Ltd.
Services The company offers online monetary escrow and conditional buyer-seller payments. Currencies are GBP and EUR, with other currencies by arrangement.
Channels and timing Payments run through UK Faster Payments, SEPA and bank wire. For GBP, settlement is usually minutes via Faster Payments, for EUR it is the next working day, and other currencies follow bank-transfer timing.
Licensing The company publishes UK company number 06226243. It states FCA registration under PSR 2017 number 546279 and an HMRC money service business registration, XXML00000165471.
Who it suits Private buyers and sellers, small businesses and parties to one-off deals who want funds held until conditions are met. Fees are not stated in the source data and should be requested.
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