Crypto businesses are among the most frequently declined by high-street banks. A specialist group of banks and EMIs will open accounts for firms with clear regulatory status and well-documented flows.
Crypto businesses are among the most frequently declined by UK high-street banks. A specialist group of banks and EMIs will open GBP and EUR accounts for crypto firms with clear regulatory status, such as FCA cryptoasset registration in the UK or authorisation under MiCA in the EU, and well-documented flows. We match your licence, business model and payment corridors with providers that currently onboard crypto businesses.
Most high-street banks decline crypto businesses at application or close them at review.
Without a stable fiat account you cannot settle customers, pay suppliers or move funds between exchanges and your business.
Providers look hard at your registration or licence in each market, your ownership and the source of funds.
We introduce crypto and Web3 businesses to banks and EMIs with current appetite, matched to your regulatory status and flows.
Named GBP and EUR accountsBusiness accounts with Faster Payments and SEPA in your company name.
Fiat settlementAccounts set up for flows to and from exchanges, liquidity providers and customers.
Multi-currency and FXUSD and other currencies with competitive FX for cross-border flows.
Card acceptance where suitableCard acquiring for crypto purchases through providers that approve it.
Providers move fastest when the file is complete on day one. Have these ready before you apply.
Company documentsCertificate of incorporation, registered address and a short description of what you sell and to whom.
Ownership and IDPassport or ID and proof of address for every owner with 25% or more, and for directors.
Processing historyYour last 3 to 6 months of processing statements, if you have them, including chargeback and refund levels.
Bank statementsRecent business bank statements showing how money moves in and out of the business.
A compliant websiteFull company details, terms, refund and shipping policies, and accurate product descriptions.
Volumes and flowsExpected monthly volume, average transaction size, main customer countries and settlement currency.
Regulatory statusYour FCA registration, MiCA authorisation or other licences, AML policies and source of funds evidence.
Full list by sector: high-risk merchant documents checklist →
A UK crypto firm's business account was closed after a periodic review.
A newly authorised crypto service provider needs EUR accounts and SEPA access.
A Web3 business has treasury in stablecoins but no way to pay staff and suppliers in GBP.
Yes, with specialist banks and EMIs that onboard crypto businesses. Most high-street banks decline the sector, so applying there often adds a decline to your history.
If you carry on cryptoasset business in the UK, you generally need to be registered with the FCA, and providers will ask about it. Take specialist advice on your own position.
Regulatory status, ownership and ID, AML policies, source of funds, expected flows and the counterparties you deal with.
Yes, through EMIs and banks that provide EUR IBANs to crypto businesses, subject to their onboarding checks.
Providers expect clear regulatory status where it is required. We will tell you honestly whether there is a realistic match.
Give us the detail upfront (volume, set-up, what has been declined) and we can check provider appetite before we speak. We will assess whether there is a suitable provider match and come back to you directly. No obligation, no hard sell.
Have a client in this sector?If you're an EMI, MSB, payment consultant, or adviser with clients in this space you can't service directly, we have a structured introducer arrangement.