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NOMO MICROFINANCE BANK UK — TERMS & CONDITIONS

Last Updated: 16 September 2025

  • Account(s): Any Savings, Current, Merchant, Platinum, or related accounts held with NOMO MFB UK.
  • User / Customer: Any individual, SME, or corporate entity using our Services.
  • PIN / Security Code: Your personal identification code or password used to access secure systems.
  • Business Day: Any weekday excluding UK public holidays.
  • Regulatory Authority: FCA and PRA.

NOMO Microfinance Bank offers the following account types with minimum deposits:

Account TypeMinimum Deposit
Savings Account£500.00
Current Account£1,000.00
Merchant Account£5,000.00
Platinum Account£10,000.00

Debit cards require a minimum balance of £1,000 and incur a £500 issuance fee. To activate your account, email account_control@nomomfb.com after funding it.

We partner with over 500 banks worldwide to provide secure and efficient global remittance services. Fees, exchange rates, and processing times may vary.

We comply with UK Money Laundering Regulations, GDPR, and other financial laws. Protect your 6-digit PIN and credentials at all times. NOMO MFB UK is not liable for losses due to compromised credentials caused by negligence.

  • Eligibility: Minimum age of 18.
  • Account Maintenance: Maintain minimum balances to avoid penalties.
  • Amendments: NOMO MFB UK may revise these Terms with notice.
  • Governing Law: England and Wales.
  • Communication: Contact account_control@nomomfb.com.

By registering or using NOMO MFB UK services, you confirm that you have read, understood, and accepted these Terms & Conditions.

Protect your money

Your money is protected by the Financial Services Compensation Scheme up to £85,000 (£170,000 for joint accounts).

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