Overview
Altery, at a glance.
Altery is an e-money institution headquartered in the United Kingdom, regulated by FCA, Central Bank of Cyprus. Business accounts cost from £50 a month. Opening an account takes 3–5 days.
Funds are held in segregated accounts at authorised credit institutions or in low-risk assets. Balances are not bank deposits and FSCS protection does not apply.
Why businesses pick Altery
- Accepts companies registered in 95 countries, including the UAE, Hong Kong, Singapore, the BVI, Seychelles and the United States
- Accounts in EUR, GBP and USD, with payments out in 17 currencies
- Currency exchange costs up to 0.5% to 0.8%, depending on the plan
- Visa and UnionPay cards, including cards for employees
- Support by chat, Telegram, email and phone
Watch out for
- Costs £50 to £300 a month
- An opening fee may apply; the amount is shown only inside the account
- Outgoing SWIFT payments cost 0.2% to 0.5%
- Companies from 140 countries and territories are not accepted, including China, Turkey, Russia and Pakistan
- Without a dedicated IBAN, SWIFT payments arrive through a shared account
Business fit
Will Altery accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Altery's published rules
Likely fit
Altery lists both United Kingdom companies and Advertising & Marketing as accepted.
Altery does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Altery publishes about the businesses it takes on.
Who Altery serves
- Affiliate marketing
- IT and software
- Professional services
- E-commerce
- Holding companies
All 57 industries on Altery's accepted list
- Advertising & Marketing
- Digital Marketing
- Social Media Marketing (SMM)
- Affiliate Networks/Programmes
- Market Research
- Media Publishing Content (inc. Blogging, Streaming companies)
- Search Engine Optimisation (SEO)
- Telecommunications
- VOIP providers
- Real Estate Business or Relevant Services
- Professional Services Provider
- Tax Consulting Services
- Digital Product Distribution
- E-commerce Merchants or Online Store Owners
- E-commerce Platforms and Marketplaces
- Online Dating Websites or Services
- Education/ Training
- Online games, e-sports, entertainment games (no betting/casino)
- Dealing in commodities or futures, or in shares, securities or other financial instruments
- Asset Holding Vehicles, such as a holding company
- Liquidity Provision*
- Proprietary Trading*
- Market Making*
- Money service businesses
- Remittance businesses
- Over-The-Counter (OTC)*
- Regulated Financial Institutions
- Loan Freelance Platforms
- Freelance platforms/ Freelancers
- Translation Services
- Writing Services
- Copywriting
- Manufacturing Shops or Services
- Beauty Products (excluding pharma and drugs)
- Customer Support
- Technical Support
- Call Centres
- Retail and Wholesale Shops
- Trade maintenance in vehicles: cars, motorbikes, planes, jets, boats, car valet, etc.
- Hosting, Cloud Services
- IT Support
- IT Development (including blockchain development)
- Graphic Design
- VPN Services
- Courier/ Logistic Services
- Private Transportation Providers
- Tickets and events for high-value events
- Tourism and travel-related activities (for example, travel packages, tours & agencies)
- Cryptocurrency Derivatives (including futures, options and perpetual contracts)*
- Cryptocurrency Mining
- Custodial Wallets (Permitted or Supervised)
- Digital Assets Trading Peer-to-Peer (P2P)**
- Digital Assets: Regulated Exchanges
- Non-custodial Wallets (Permitted or Supervised)
- Non-Fungible Tokens (NFTs)**
- Virtual Asset Service Provider (VASP) - regulated and unregulated
- Special-purpose vehicles (SPVs) and special-purpose entities
Not supported
Industries and countries Altery does not accept, from its own published lists.
Industries
- Any sector or business involved in illegal or unauthorised activities
- Businesses with bearer shares
- Illegal drug manufacturing or selling
- Shell Companies or Nominee Structures
- Unlicensed gambling (online/ offline)
- Unregulated businesses offer foreign exchange activities
- Unregulated financial investment broker
- Unregulated Money Service Businesses (MSBs)
- Darknet/Illegal Marketplace Affiliates
- Sale of Counterfeit Goods
Countries
- Åland Islands · company
- Albania · company
- Belarus · company
- Bosnia & Herzegovina · company
- Faroe Islands · company
- Greenland · company
- Vatican City · company
- Kosovo · company
- Montenegro · company
- Russia · company
- Serbia · company
- Svalbard & Jan Mayen · company
- Türkiye · company
- Afghanistan · company
- American Samoa · company
- Antarctica · company
- Bangladesh · company
- Bhutan · company
- British Indian Ocean Territory · company
- Cambodia · company
- China · company
- Taiwan · company
- Cook Islands · company
- Timor-Leste · company
- Fiji · company
- French Polynesia · company
- French Southern Territories · company
- Guam · company
- Heard & McDonald Islands · company
- Indonesia · company
- Kiribati · company
- Laos · company
- Macao SAR China · company
- Maldives · company
- Micronesia · company
- Mongolia · company
- Myanmar (Burma) · company
- New Caledonia · company
- Nepal · company
- Northern Mariana Islands · company
- Pakistan · company
- Papua New Guinea · company
- Pitcairn Islands · company
- Réunion · company
- Samoa · company
- Tokelau · company
- Tonga · company
- Turkmenistan · company
- Tuvalu · company
- U.S. Outlying Islands · company
- Vanuatu · company
- Wallis & Futuna · company
- Angola · company
- Benin · company
- Botswana · company
- Burkina Faso · company
- Burundi · company
- Cameroon · company
- Cape Verde · company
- Central African Republic · company
- Chad · company
- Comoros · company
- Congo - Kinshasa · company
- Congo - Brazzaville · company
- Côte d’Ivoire · company
- Equatorial Guinea · company
- Eritrea · company
- Eswatini · company
- Ethiopia · company
- Gabon · company
- Gambia · company
- Guinea · company
- Guinea-Bissau · company
- Kenya · company
- Lesotho · company
- Liberia · company
- Madagascar · company
- Malawi · company
- Mali · company
- Mayotte · company
- Mozambique · company
- Namibia · company
- Niger · company
- Rwanda · company
- St. Helena · company
- São Tomé & Príncipe · company
- Senegal · company
- Sierra Leone · company
- South Sudan · company
- Tanzania · company
- Togo · company
- Uganda · company
- Western Sahara · company
- Zambia · company
- Zimbabwe · company
- Egypt · company
- Iran · company
- Iraq · company
- Jordan · company
- Kuwait · company
- Lebanon · company
- Libya · company
- Oman · company
- Qatar · company
- Yemen · company
- Algeria · company
- Bahrain · company
- Djibouti · company
- Mauritania · company
- Morocco · company
- Palestinian Territories · company
- Somalia · company
- Sudan · company
- Tunisia · company
- Argentina · company
- Bolivia · company
- Caribbean Netherlands · company
- Bouvet Island · company
- Brazil · company
- Chile · company
- Colombia · company
- Cuba · company
- Ecuador · company
- El Salvador · company
- Falkland Islands · company
- French Guiana · company
- Guatemala · company
- Guyana · company
- Haiti · company
- Jamaica · company
- Martinique · company
- Nicaragua · company
- Paraguay · company
- Peru · company
- Trinidad & Tobago · company
- Uruguay · company
- Venezuela · company
- St. Pierre & Miquelon · company
- U.S. Virgin Islands · company
- Honduras · company
Coverage
Where can you use Altery?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
3 currencies
Hold and receive · 3 currencies
- EUR
- USD
- GBP
Pay out · 17 currencies
- EUR
- USD
- GBP
- CHF
- JPY
- AED
- BRL
- CNY
- COP
- HKD
- IDR
- INR
- MXN
- NGN
- PHP
- SGD
- TRY
Payment reach
Not published
Who can apply
Company incorporation countries95 countries · show list
- Andorra
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czechia
- Denmark
- Estonia
- Finland
- France
- Germany
- Gibraltar
- Guernsey
- Greece
- Hungary
- Iceland
- Ireland
- Isle of Man
- Italy
- Jersey
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Malta
- Moldova
- Monaco
- Netherlands
- North Macedonia
- Norway
- Poland
- Portugal
- Romania
- San Marino
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
- Ukraine
- United Kingdom
- Armenia
- Australia
- Azerbaijan
- Brunei
- Christmas Island
- Cocos (Keeling) Islands
- Georgia
- Hong Kong SAR China
- Japan
- Kazakhstan
- Kyrgyzstan
- Malaysia
- Marshall Islands
- Nauru
- New Zealand
- Niue
- Palau
- Philippines
- Singapore
- Sri Lanka
- Thailand
- Uzbekistan
- Anguilla
- Antigua & Barbuda
- Aruba
- Bahamas
- Barbados
- Belize
- Bermuda
- Canada
- Cayman Islands
- Costa Rica
- Curaçao
- Dominica
- Dominican Republic
- Grenada
- Montserrat
- Panama
- Puerto Rico
- St. Kitts & Nevis
- St. Lucia
- St. Vincent & Grenadines
- Sint Maarten
- Turks & Caicos Islands
- United States
- British Virgin Islands
- Ghana
- Israel
- Mauritius
- Nigeria
- Saudi Arabia
- Seychelles
- United Arab Emirates
Owner nationality
Not publishedOwner residency
Not publishedCompany types
Private limited companies, Public limited companies, Limited liability partnerships (LLP), Partnerships, US LLCs, Holding companies
Pricing
What does Altery cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Not published
Monthly fee
£50–300
depends on plan
Starter
Lowest cost£50 per month
Setup fee not published
Pro
£100 per month
Setup fee not published
Ultra
£300 per month
Setup fee not published
Transaction fees
| Cost | Starter | Pro | Ultra | How it is charged |
|---|---|---|---|---|
| Incoming | ||||
| SEPA | €2 | €1.5 | €1 | Fixed fee |
| Faster Payments (GBP) | £1 | £1 | £0.5 | Fixed fee |
| SWIFT / international | £10 | £5 | Free | Fixed fee |
| Outgoing | ||||
| SEPA | €2 | €1.5 | €1 | Fixed fee |
| Faster Payments (GBP) | £1 | £1 | £0.5 | Fixed fee |
| SWIFT / international | 0.5%, min £13 | 0.35%, min £11 | 0.2%, min £9 | Percentage, with a minimum charge |
Other fees
Currency exchange (FX)
| Cost | Starter | Pro | Ultra | How it is charged |
|---|---|---|---|---|
| FX markup | Up to 0.8% | Up to 0.7% | Up to 0.5% | Percentage of the amount |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Virtual card issue | Free | No charge · First virtual card |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Sign up
Create an account online and choose a plan.
- 2
Company details
Give the country of incorporation, the business and its owners.
- 3
Documents
Upload company documents and proof of residence for owners.
- 4
Review
Altery reviews the application; the Ultra plan includes fast-track onboarding.
Documents you need
- Operator international passport or EU ID
- Selfie/likeness check
- Proof of residence
- Power of Attorney if authorised but not key controller
- Certificate of Incorporation or Memorandum & Articles
- Shareholding structure/shareholder certificate/register of shareholders/register of directors
- Audited financial statements or startup declaration
- Registered/trading addresses, website, purpose and turnover
FAQ
Your questions, answered.
Is Altery a bank?
No. Altery Ltd is an e-money institution authorised by the UK FCA, reference 901037. Altery EU Ltd holds an e-money licence from the Central Bank of Cyprus. Balances are not bank deposits and FSCS protection does not apply.
How much does an Altery business account cost?
Starter costs £50 a month, Pro £100 and Ultra £300. On Starter a SEPA payment costs €2, a Faster Payment £1 and an outgoing SWIFT payment 0.5% with a £13 minimum. An opening fee may apply.
Which countries does Altery accept companies from?
Companies registered in 95 countries and territories, including the UK and most of Europe, the UAE, Saudi Arabia, Hong Kong, Singapore, the United States, Canada, the BVI, the Cayman Islands, Seychelles and Mauritius.
Which businesses does Altery not accept?
Businesses with bearer shares, shell companies and nominee structures, unlicensed gambling, unregulated foreign exchange, investment brokers and money service businesses, and sellers of counterfeit goods.
Does Altery offer cards?
Yes. Virtual and physical Visa and UnionPay cards, including employee cards. The first virtual card is free.
Alternatives
How Altery compares.
If Altery is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 AlteryThis pageE-money institution |   | 95 countries acceptedVisa and UnionPay cards |
 3S MoneyE-money institution |   | Local IBANsNon-residents accepted |
 MultiPassE-money institution | | Dedicated managerOffshore considered |
 PaysetE-money institution | | 35 currenciesHigh-risk industries |
 Wise BusinessE-money institution |  | Low FX costsStandard businesses |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.