FCA Issues Warning Against Unauthorized Platform SBank Business Online Banking (s-bank.online)

The UK Financial Conduct Authority (FCA) has issued an official warning against SBank Business Online Banking, operating via the website https://s-bank.online/. According to the financial watchdog, this entity is providing or promoting financial services or products in the UK without required authorization. Regulators emphasize that virtually all firms and individuals offering, promoting, or selling financial services in the UK must be registered or authorized by the FCA. SBank Business Online Banking does not hold such authorization and appears to be targeting UK residents. The unauthorized firm has listed its details as follows: - Name: SBank Business Online Banking / s-bank.online - Address: 10 Upper Bank St, Canary Wharf Estate, London, UNITED KINGDOM, E14 5NP - Mobile: +447424956401 - Email: [email protected] - Website: https://s-bank.online/ The FCA specifies that this warning solely relates to the website s-bank.online and does not apply to any other legitimate company or website. The regulator warns that unauthorized entities frequently provide incorrect contact details or clone genuine addresses to appear legitimate. Consumers who deal with unauthorized firms lose key regulatory protections. Clients will not have access to the Financial Ombudsman Service for complaints, nor will they be covered by the Financial Services Compensation Scheme (FSCS) if the firm ceases operations or defrauds users. Investors are urged to check the FCA Register to verify the regulatory status of any financial firm before transferring funds. Anyone who has been approached by this entity should contact the FCA to report the interaction.