Crypto Friendly - UK
Being UK based, The Business Payment Accounts has been built to give customers a wide range of payment options across a wide range of sectors. The accounts are regulated by the Financial Conduct Authority, FRN 948213, under the Payment Services Regulations 2017 as an Authorised Payment Institution.
They provide payment services to customers in our target markets, such as technology and gaming. They are one of the leading payment service providers focusing on these industries.
The Payment Accounts can be opened for Companies registered in the UK and most EU countries.
UK companies will receive an account number and sort code and EU companies will have an IBAN number. A Virtual Visa debit card is available for companies registered in the UK.
Advantages
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Multiple payment options including SEPA, SWIFT and CHAPS (SWIFT payment for offshore companies)
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Available to a wide range of businesses from a broad range of industries
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Easy to use online payment platform
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European IBAN and UK accounts
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Safe banking solution
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Online account services
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UK / EU based customer support team
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Gaming, Gambling, Esports and Crypto catered for
Crypto Currency
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Crypto friendly (UK and EU Companies only) and can work with Companies that are receiving fiat from Crypto sales (e.g. crypto casinos, affiliates paid in crypto).
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Accepting fiat element, please note: the fiat must be from a regulated and reputable exchange only.
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Unable to work with Brokers and Exchanges, e.g. businesses who swap/ exchange/ trade crypto for others (crypto asset firms).
Timescale
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7-10 Working Days once all compliance has been approved.
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