Erscheinung:08.06.2020 | Topic Unauthorised business Tills Web GmbH: BaFin issues cease and desist order to immediately stop and wind up unauthorized money remittance business
As of 08 Mai 2020, BaFin issued a cease and desist order to Tills Web GmbH, Nackenheim, to stop and wind up the unauthorized money remittance business immediately.
Tills Web GmbH. accepts funds from private persons and companies on its own accounts for the sole purpose of transferring these funds to mainly foreign accounts of private persons and companies based abroad.
The administrative order is immediately effective and enforceable though it may still be subject to judicial review.
Update (24.06.2020):
The administrative order is final.“
