Overview
Andaria, at a glance.
Andaria is an e-money institution headquartered in Malta, regulated by Financial Conduct Authority, Malta Financial Services Authority. Pricing is agreed with each client. Opening an account takes 3–5 days.
Andaria safeguards e-money under the rules that apply to it. The accounts are not covered by the FSCS or by Malta's Depositor Compensation Scheme.
Why businesses pick Andaria
- Works with iGaming, crypto and insurance companies that many banks refuse
- Virtual IBANs in the account holder's name
- SEPA, SWIFT and UK Faster Payments
- Licensed in Malta and authorised as an e-money institution in the UK
- A dedicated sales and client-services team
Watch out for
- No prices published: fees are agreed with the sales team
- Accepted countries, company types and prohibited industries are not published
- The currency list is not published
- No public sign-up or help centre
- No Trustpilot reviews
Business fit
Will Andaria 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 Andaria's published rules
Needs review
Andaria works with iGaming, but does not publish the countries it accepts companies from.
Andaria 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 Andaria publishes about the businesses it takes on.
Who Andaria serves
- iGaming
- Crypto
- Financial institutions
Not supported
Industries and countries Andaria does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Andaria?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
Multi-currency
Andaria describes multi-currency accounts but does not list the currencies.
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Not publishedPricing
What does Andaria 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
Not published
Agreed with the sales team
Custom
Transaction fees
Other fees
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Contact sales
Send the enquiry form or book a call with the sales team.
- 2
Company and people
Give the company's registration details, directors, owners and expected volumes.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened under a commercial agreement.
Documents you need
Not published
FAQ
Your questions, answered.
Is Andaria a bank?
No. Andaria Financial Services Limited is a financial institution licensed by the Malta Financial Services Authority, and Andaria Financial Services UK Limited is an e-money institution authorised by the Financial Conduct Authority (933187).
How much does an Andaria account cost?
Andaria does not publish prices. Fees are agreed with its sales team.
Who is Andaria for?
Companies in iGaming, crypto, insurance and financial services that need business accounts with virtual IBANs and SEPA, SWIFT and Faster Payments.
How do I open an account?
Through the contact form on andaria.com; the sales team handles onboarding. There is no public sign-up.
Alternatives
How Andaria compares.
If Andaria is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 AndariaThis pageE-money institution |   | iGamingVirtual IBANs |
 FinXPE-money institution | | Dedicated EUR IBANHigh-risk industries |
 payabl.E-money institution |  | 30 currenciesMastercard cards |
 SatchelE-money institution |  | European IBANMastercard cards |
 xpateE-money institution |   | Named IBANOnline businesses |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.