Banks treat all crypto exposure as maximum risk — regardless of compliance posture, jurisdiction, or business model. The result is frozen accounts, refused onboarding, and settlement friction that has nothing to do with your operation. GenerateFX helps identify specialist providers structured to service this sector.
Crypto businesses — exchanges, wallet providers, DeFi protocols — face account closures from mainstream banks with little or no warning. Correspondent banks pressure EMIs to exit the sector entirely, regardless of individual client compliance.
FCA-registered, MiCA-compliant, VASP-licenced operations are treated identically to unregulated actors. Banks apply sector-level risk policy, not client-level review. Compliance quality is irrelevant to the decision.
International crypto businesses moving fiat across borders face SWIFT correspondent refusals, 3–5 day settlement delays, and conversion friction that high-street banks are not structured to solve for this sector.
GenerateFX helps identify suitable specialist providers with capability in the Crypto & Web3 sector. Subject to provider due diligence, compliance review, and onboarding checks, we support routing opportunities into appropriate infrastructure.
Exchange and wallet bankingIdentifying EMIs and banking providers with active onboarding capability for crypto exchanges, custodians, and wallet operators — including those with FCA or offshore licensing.
Fiat on/off ramp infrastructureRouting to providers with established crypto-to-fiat and fiat-to-crypto settlement capability across multiple currencies and jurisdictions.
Cross-border treasury and FXMulti-currency account options and FX infrastructure for businesses managing international flows — including stablecoin settlement alternatives where appropriate.
Compliance-ready onboarding routesConnecting regulated, licenced crypto businesses to providers with onboarding processes calibrated to the sector — not generic high-risk onboarding frameworks.
A UK FCA-registered crypto exchange processing £5m/month in fiat. Primary EMI exiting the crypto sector with 30 days notice — no secondary banking in place. Unable to onboard with mainstream banks due to category policy.
A Web3 protocol requiring fiat treasury management for operational costs — payroll, contractors, infrastructure — alongside crypto treasury. High-street banks refusing to open accounts on discovery of crypto revenue.
A crypto OTC desk settling cross-border transactions in multiple currencies. Correspondent bank refusing to process payments flagged as crypto-adjacent. SWIFT delays causing settlement failure with counterparties.
Tell us about your operation or the client situation. 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.