FAQs
What is Tonio?
Tonio is a UK-based payment provider that carries out fast and secure money transfers all over the EU. Quick direct access to CENTROlink payment system, operated by the Bank of Lithuania, allows us to execute EUR transactions across the SEPA zone.
What is SEPA?
The single euro payments area (SEPA) is a system of transactions created by the EU which makes cross-border electronic payments as inexpensive and easy as payments within one country.
How is Tonio regulated?
We are fully licensed and regulated by the Financial Conduct Authority of the United Kingdom. We also use various security tools to keep your money safe and protect your account from unauthorised usage or transactions. That means that all personal and business accounts, funds, transfers, and payments are secured by our extensive security measures.
How long does it take to send money via Tonio?
When your funding payment arrives, we do our best to process each transaction as quickly as possible. It takes us around one business day to execute a transaction.
How do I start sending money via Tonio?
You do not need to waste your time going to the bank or spending hours on a long phone call. All you need to do is:
- - Sign up with your email address and phone number
- - Verify your identity with your ID document
- - Start sending money abroad
Do you accept high risk businesses?
Is there a minimum or maximum amount I can transfer?
Which destination countries can I send money to?