Mandate practice

2026

Legal & disclaimer

Legal & disclaimer.

Nature of service

VeriRail provides external operator-led advisory services to MSB founders. VeriRail is not a law firm, not a regulator, not a regulated financial institution, not a bank, not an EMI, not a PSP and not a payment network operator.

Not legal advice

Nothing on this website or in any VeriRail engagement constitutes legal advice. MSB founders should retain qualified legal counsel for jurisdiction-specific regulatory and legal matters.

Not regulated financial service provision

VeriRail does not arrange, intermediate or guarantee any banking, EMI, PSP, FX or payment service. VeriRail does not control any provider's risk decision and does not influence acceptance, rejection or pricing outcomes.

No success-fee introducers

VeriRail does not operate on success fees. VeriRail charges a flat monthly advisory retainer, paid in advance, regardless of provider outcomes.

No guaranteed outcomes

VeriRail does not guarantee bank account opening, EMI acceptance, PSP onboarding, FX provider acceptance or any other provider outcome. Provider decisions remain solely with the provider.

Founder responsibility

The founder remains fully responsible for the truthfulness, accuracy and completeness of all information shared with providers. VeriRail supports the founder's own representation of the business; it does not substitute for it.

Confidentiality

Information shared during an engagement is held in confidence. Specific confidentiality terms are set out in the engagement letter.

Entity

VeriRail engagements are contracted under the entity disclosed in the engagement letter. Jurisdictional and contractual terms are set out at the point of mandate.