Overview
Banxe, at a glance.
Banxe is a business account platform; accounts from an fca e-money institution headquartered in the United Kingdom, regulated by FCA. The company behind Banxe is Tompay LTD. Business accounts cost €25 a month. Opening an account takes 3–5 days.
Banxe Ltd runs the platform; the accounts and payments are provided by Tompay LTD, an FCA-authorised e-money institution owned by the same person. Funds are held in safeguarding accounts; they are not bank deposits and the FSCS does not cover them. Crypto services come from SIA Paybis Europe, a separate company.
Why businesses pick Banxe
- Dedicated IBAN with EUR, GBP and USD balances
- SEPA, Faster Payments, CHAPS and SWIFT in one account
- Free Faster Payments and free physical cards
- Open to companies from the UK, the EU and 31 other countries
- Crypto (BTC, ETH, TRX, USDC) through Paybis in the same app
Watch out for
- €50 to open and €25 a month
- SEPA and SWIFT cost 0.2% each way, at least €20 or $30
- Card payments cost 1% and ATM withdrawals 2%
- Trustpilot score of 2.7 from 75 reviews
- No list of refused industries published
Business fit
Will Banxe 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 Banxe's published rules
Likely fit
Banxe lists both United Kingdom companies and E-commerce as accepted.
Banxe 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 Banxe publishes about the businesses it takes on.
Who Banxe serves
- E-commerce
- Startups and SMEs
- Crypto
Not supported
Industries and countries Banxe does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Banxe?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
EUR, GBP, USD
- EUR
- GBP
- USD
Crypto: BTC, ETH, TRX and USDC through Paybis.
Payment reach
Not published
Who can apply
Company incorporation countries58 countries · show list
- United Kingdom
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czechia
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
- Andorra
- Australia
- Bahrain
- Canada
- Chile
- Dominican Republic
- Georgia
- Grenada
- Hong Kong SAR China
- Israel
- Japan
- Kazakhstan
- Liechtenstein
- Malaysia
- Monaco
- Montenegro
- New Zealand
- Qatar
- San Marino
- Saudi Arabia
- Seychelles
- Singapore
- South Africa
- South Korea
- Switzerland
- Taiwan
- Ukraine
- United States
- Uruguay
- St. Vincent & Grenadines
Owner nationality
Not publishedOwner residency
Not publishedCompany types
Registered legal entities
Pricing
What does Banxe 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
€50
Monthly fee
€25
Business account
€25 per month
€50 setup · €350 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SEPA | 0.2%, min €20 | Percentage, with a minimum charge · Maximum €300 |
| Faster Payments (GBP) | Free | No charge |
| SWIFT / international | 0.2%, min $30 | Percentage, with a minimum charge · Maximum $300 |
| Outgoing | ||
| SEPA | 0.2%, min €20 | Percentage, with a minimum charge · Maximum €300 |
| Faster Payments (GBP) | Free | No charge |
| CHAPS (GBP) | £25 | Fixed fee · In or out |
| SWIFT / international | 0.2%, min $30 | Percentage, with a minimum charge · Maximum $300 |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published |
Crypto
| Cost | Listed amount | How it is charged |
|---|---|---|
| On-ramp (fiat to crypto) | Not published | |
| Off-ramp (crypto to fiat) | Not published |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Physical card issue | Free | No charge |
| Delivery | €20 | Fixed fee |
| Express delivery | €100 | Fixed fee |
| Monthly card fee | Free | No charge |
| Card FX | 1%, min £1 | Percentage, with a minimum charge · Card payments in currencies other than GBP; 1% in GBP |
| ATM withdrawal | 2% | Percentage of the amount |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Sign up
Choose Business Account on banxe.com and register with your email.
- 2
Company details
Give the company's registration extract, address, business activity, shareholders, owners and source of funds.
- 3
Verification
Verify the director's identity and wait for approval by Banxe and its service provider.
- 4
Account live
Top up the account and order cards.
Documents you need
Not published
FAQ
Your questions, answered.
Is Banxe a bank?
No. Banxe Ltd runs the platform. Accounts and payments are provided by Tompay LTD, an e-money institution authorised by the FCA (931509) and owned by the same person as Banxe. Funds are safeguarded, not covered by the FSCS.
How much does Banxe cost?
€50 to open and €25 a month. SEPA and SWIFT payments cost 0.2% in each direction (at least €20 or $30, at most €300 or $300); Faster Payments are free and CHAPS costs £25.
Which countries can open a Banxe business account?
Companies from the UK, the EU and 31 other countries, including Switzerland, the US, Canada, Australia, Singapore, Hong Kong, Bahrain, Qatar, Saudi Arabia, Ukraine and Georgia.
Does Banxe offer crypto?
Yes, BTC, ETH, TRX and USDC, provided by SIA Paybis Europe under its own terms.
Alternatives
How Banxe compares.
If Banxe is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 BanxeThis pageBusiness account platform; accounts from an FCA e-money institution |  | Dedicated IBANCrypto |
 Revolut BusinessBank |  | Cards and spend controlsStartups and SMEs |
 Wise BusinessE-money institution |  | Low FX costsStandard businesses |
 PayseraE-money institution |  | Low fees16 support languages |
 BankeraPayment account provider | Not published | Crypto-friendlyHigh-risk industries |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.