Overview
bepi, at a glance.
bepi is an e-money institution headquartered in the United Kingdom, regulated by FCA. The company behind bepi is BEPI LTD. Pricing is agreed with each client. Opening an account takes 3–5 days.
bepi keeps customer money separate from its own, in accounts at authorised credit institutions or in secure liquid assets with authorised custodians. It is e-money, not a bank deposit, and the FSCS does not cover it.
Why businesses pick bepi
- Dedicated or pooled IBANs and local account details in several currencies
- Virtual IBANs for each client or payer
- SEPA, Faster Payments, SWIFT and CHAPS
- FCA-authorised e-money institution
- Published refused-countries and refused-industries lists
Watch out for
- No prices published; fees are agreed after registration
- Cards not available yet
- FX rates may include a markup that is not published
- Companies from Russia, Belarus, Iran and 15 other countries are refused
- Tobacco, prescription medicines, weapons, timeshares and gambling equipment not accepted
Business fit
Will bepi 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 bepi's published rules
Likely fit
bepi lists both United Kingdom companies and Fintechs and SaaS platforms as accepted.
bepi 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 bepi publishes about the businesses it takes on.
Who bepi serves
- SaaS
- E-commerce
- Marketplaces
- Travel
- Startups and SMEs
All 5 industries on bepi's accepted list
- Fintechs and SaaS platforms
- E-commerce and global marketplaces
- Digital SMEs and agencies
- UK technology start-ups
- Travel and cross-border businesses
Not supported
Industries and countries bepi does not accept, from its own published lists.
Industries
- Artefacts, culturally valuable art and historical objects
- Used cosmetics
- Counterfeit currency, coins or stamps
- Poisons, narcotics, drugs, drug paraphernalia, drug-like substances and related formulas or descriptions
- Herbs, noxious weeds and prohibited seeds
- Tobacco products
- Medical products and medicines including prescription drugs, except dietary supplements
- Unlawful electronic devices or surveillance/wiretapping equipment
- Modchips, game emulators and boot disks used to bypass copyright protection
- Firearms, weapons, guns, knives, pepper spray, stun guns and replicas except lawful sports equipment
- Government documents, identification documents, licences, uniforms and police or military goods
- Dangerous, hazardous, perishable or restricted goods
- Goods or services contrary to public interest, humanity, ethics or morality including human organs or remains
- Items encouraging illegal activity
- Locksmithing devices
- Bulk or unsolicited mailing lists containing personal data
- Offensive material promoting hatred or violence
- Illegal or sexual services; child sexual-abuse material; escort or prostitution; adult content prohibited by payment-system rules
- Slot machines and similar gambling equipment except lawful state-operated lotteries where permitted
- Stolen property
- Illegal or pirated recordings and copyright-infringing activity
- Counterfeit or infringing goods
- Goods with no use value or expired goods
- Timeshares
- Content containing violence or perversions where prohibited by law
- Auction or trading systems without actual transfer of goods or services
- Shell banks or shell companies and financial instruments that fail proper KYC
- Investment or financial pyramid schemes
- Fraudulent or deceptive services
- Cryptocurrency exchange, wallet or similar virtual-asset services conducted in breach of applicable law
- Currency exchange services operating in violation of UK legislation
- Deceptive buyer practices and fraudulent fundraising
- Terrorism or extremist financing
- WMD proliferation financing
- Slave trade and human trafficking
- Sale of gaming accounts, unauthorised boosting or in-game currency
- Other unlawful goods or services
Countries
- Afghanistan · owners
- Belarus · owners
- Central African Republic · owners
- Cuba · owners
- Iran · owners
- Iraq · owners
- North Korea · owners
- Lebanon · owners
- Libya · owners
- Myanmar (Burma) · owners
- Russia · owners
- Somalia · owners
- South Sudan · owners
- Sudan · owners
- Syria · owners
- Venezuela · owners
- Yemen · owners
- Zimbabwe · owners
- Afghanistan · company or owners
- Belarus · company or owners
- Central African Republic · company or owners
- Cuba · company or owners
- Iran · company or owners
- Iraq · company or owners
- North Korea · company or owners
- Lebanon · company or owners
- Libya · company or owners
- Myanmar (Burma) · company or owners
- Russia · company or owners
- Somalia · company or owners
- South Sudan · company or owners
- Sudan · company or owners
- Syria · company or owners
- Venezuela · company or owners
- Yemen · company or owners
- Zimbabwe · company or owners
Coverage
Where can you use bepi?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
9 currencies
- EUR
- USD
- GBP
- CAD
- AUD
- JPY
- HUF
- ILS
- PLN
Payment reach
Not published
Who can apply
Company incorporation countries232 countries · show list
- Åland Islands
- Albania
- Algeria
- American Samoa
- Andorra
- Angola
- Anguilla
- Antarctica
- Antigua & Barbuda
- Argentina
- Armenia
- Aruba
- Australia
- Austria
- Azerbaijan
- Bahamas
- Bahrain
- Bangladesh
- Barbados
- Belgium
- Belize
- Benin
- Bermuda
- Bhutan
- Bolivia
- Bosnia & Herzegovina
- Botswana
- Bouvet Island
- Brazil
- British Indian Ocean Territory
- British Virgin Islands
- Brunei
- Bulgaria
- Burkina Faso
- Burundi
- Cambodia
- Cameroon
- Canada
- Cape Verde
- Caribbean Netherlands
- Cayman Islands
- Chad
- Chile
- China
- Christmas Island
- Cocos (Keeling) Islands
- Colombia
- Comoros
- Congo - Brazzaville
- Congo - Kinshasa
- Cook Islands
- Costa Rica
- Côte d’Ivoire
- Croatia
- Curaçao
- Cyprus
- Czechia
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Eritrea
- Estonia
- Eswatini
- Ethiopia
- Falkland Islands
- Faroe Islands
- Fiji
- Finland
- France
- French Guiana
- French Polynesia
- French Southern Territories
- Gabon
- Gambia
- Georgia
- Germany
- Ghana
- Gibraltar
- Greece
- Greenland
- Grenada
- Guadeloupe
- Guam
- Guatemala
- Guernsey
- Guinea
- Guinea-Bissau
- Guyana
- Haiti
- Heard & McDonald Islands
- Honduras
- Hong Kong SAR China
- Hungary
- Iceland
- India
- Indonesia
- Ireland
- Isle of Man
- Israel
- Italy
- Jamaica
- Japan
- Jersey
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lesotho
- Liberia
- Liechtenstein
- Lithuania
- Luxembourg
- Macao SAR China
- Madagascar
- Malawi
- Malaysia
- Maldives
- Mali
- Malta
- Marshall Islands
- Martinique
- Mauritania
- Mauritius
- Mayotte
- Mexico
- Micronesia
- Moldova
- Monaco
- Mongolia
- Montenegro
- Montserrat
- Morocco
- Mozambique
- Namibia
- Nauru
- Nepal
- Netherlands
- New Caledonia
- New Zealand
- Nicaragua
- Niger
- Nigeria
- Niue
- Norfolk Island
- North Macedonia
- Northern Mariana Islands
- Norway
- Oman
- Pakistan
- Palau
- Palestinian Territories
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Philippines
- Pitcairn Islands
- Poland
- Portugal
- Puerto Rico
- Qatar
- Réunion
- Romania
- Rwanda
- Samoa
- San Marino
- São Tomé & Príncipe
- Saudi Arabia
- Senegal
- Serbia
- Seychelles
- Sierra Leone
- Singapore
- Sint Maarten
- Slovakia
- Slovenia
- Solomon Islands
- South Africa
- South Georgia & South Sandwich Islands
- South Korea
- Spain
- Sri Lanka
- St. Barthélemy
- St. Helena
- St. Kitts & Nevis
- St. Lucia
- St. Martin
- St. Pierre & Miquelon
- St. Vincent & Grenadines
- Suriname
- Svalbard & Jan Mayen
- Sweden
- Switzerland
- Taiwan
- Tajikistan
- Tanzania
- Thailand
- Timor-Leste
- Togo
- Tokelau
- Tonga
- Trinidad & Tobago
- Tunisia
- Türkiye
- Turkmenistan
- Turks & Caicos Islands
- Tuvalu
- U.S. Outlying Islands
- U.S. Virgin Islands
- Uganda
- Ukraine
- United Arab Emirates
- United Kingdom
- United States
- Uruguay
- Uzbekistan
- Vanuatu
- Vatican City
- Vietnam
- Wallis & Futuna
- Western Sahara
- Zambia
Owner nationality and residency232 countries · show list
- Åland Islands
- Albania
- Algeria
- American Samoa
- Andorra
- Angola
- Anguilla
- Antarctica
- Antigua & Barbuda
- Argentina
- Armenia
- Aruba
- Australia
- Austria
- Azerbaijan
- Bahamas
- Bahrain
- Bangladesh
- Barbados
- Belgium
- Belize
- Benin
- Bermuda
- Bhutan
- Bolivia
- Bosnia & Herzegovina
- Botswana
- Bouvet Island
- Brazil
- British Indian Ocean Territory
- British Virgin Islands
- Brunei
- Bulgaria
- Burkina Faso
- Burundi
- Cambodia
- Cameroon
- Canada
- Cape Verde
- Caribbean Netherlands
- Cayman Islands
- Chad
- Chile
- China
- Christmas Island
- Cocos (Keeling) Islands
- Colombia
- Comoros
- Congo - Brazzaville
- Congo - Kinshasa
- Cook Islands
- Costa Rica
- Côte d’Ivoire
- Croatia
- Curaçao
- Cyprus
- Czechia
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Eritrea
- Estonia
- Eswatini
- Ethiopia
- Falkland Islands
- Faroe Islands
- Fiji
- Finland
- France
- French Guiana
- French Polynesia
- French Southern Territories
- Gabon
- Gambia
- Georgia
- Germany
- Ghana
- Gibraltar
- Greece
- Greenland
- Grenada
- Guadeloupe
- Guam
- Guatemala
- Guernsey
- Guinea
- Guinea-Bissau
- Guyana
- Haiti
- Heard & McDonald Islands
- Honduras
- Hong Kong SAR China
- Hungary
- Iceland
- India
- Indonesia
- Ireland
- Isle of Man
- Israel
- Italy
- Jamaica
- Japan
- Jersey
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lesotho
- Liberia
- Liechtenstein
- Lithuania
- Luxembourg
- Macao SAR China
- Madagascar
- Malawi
- Malaysia
- Maldives
- Mali
- Malta
- Marshall Islands
- Martinique
- Mauritania
- Mauritius
- Mayotte
- Mexico
- Micronesia
- Moldova
- Monaco
- Mongolia
- Montenegro
- Montserrat
- Morocco
- Mozambique
- Namibia
- Nauru
- Nepal
- Netherlands
- New Caledonia
- New Zealand
- Nicaragua
- Niger
- Nigeria
- Niue
- Norfolk Island
- North Macedonia
- Northern Mariana Islands
- Norway
- Oman
- Pakistan
- Palau
- Palestinian Territories
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Philippines
- Pitcairn Islands
- Poland
- Portugal
- Puerto Rico
- Qatar
- Réunion
- Romania
- Rwanda
- Samoa
- San Marino
- São Tomé & Príncipe
- Saudi Arabia
- Senegal
- Serbia
- Seychelles
- Sierra Leone
- Singapore
- Sint Maarten
- Slovakia
- Slovenia
- Solomon Islands
- South Africa
- South Georgia & South Sandwich Islands
- South Korea
- Spain
- Sri Lanka
- St. Barthélemy
- St. Helena
- St. Kitts & Nevis
- St. Lucia
- St. Martin
- St. Pierre & Miquelon
- St. Vincent & Grenadines
- Suriname
- Svalbard & Jan Mayen
- Sweden
- Switzerland
- Taiwan
- Tajikistan
- Tanzania
- Thailand
- Timor-Leste
- Togo
- Tokelau
- Tonga
- Trinidad & Tobago
- Tunisia
- Türkiye
- Turkmenistan
- Turks & Caicos Islands
- Tuvalu
- U.S. Outlying Islands
- U.S. Virgin Islands
- Uganda
- Ukraine
- United Arab Emirates
- United Kingdom
- United States
- Uruguay
- Uzbekistan
- Vanuatu
- Vatican City
- Vietnam
- Wallis & Futuna
- Western Sahara
- Zambia
Company types
Registered legal entities
Pricing
What does bepi 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
Business account
Custom
Transaction fees
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published | Market rate, which may include a markup |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Physical card issue | Not offered | Not available |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Register
Open an account online, verify your email and create a user profile.
- 2
Questionnaire
Give the company's details, expected turnover, transaction volumes and what the account is for.
- 3
Pricing
bepi sets your fee schedule after registration.
- 4
Compliance
Complete onboarding checks; the account is then activated.
Documents you need
Not published
FAQ
Your questions, answered.
Is bepi a bank?
No. BEPI LTD is an e-money institution authorised by the FCA, reference 941723. Customer money is safeguarded, not covered by the FSCS.
How much does bepi cost?
bepi publishes no prices: each client's fee schedule is set after registration. FX rates are based on market rates and may include a markup.
Which currencies does bepi support?
Mainly GBP, EUR and USD, plus AUD, CAD, JPY, PLN, HUF and ILS.
Which countries does bepi refuse?
Its list includes Afghanistan, Belarus, Cuba, Iran, Iraq, North Korea, Lebanon, Libya, Myanmar, Russia, Somalia, Sudan, Syria, Venezuela, Yemen, Zimbabwe, the Central African Republic, South Sudan, Crimea and the non-government-controlled areas of Donetsk and Luhansk.
Alternatives
How bepi compares.
If bepi is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 bepiThis pageE-money institution |  | Virtual IBANsMulti-currency |
 3S MoneyE-money institution |   | Local IBANsNon-residents accepted |
 PaysetE-money institution | | 35 currenciesHigh-risk industries |
 Wise BusinessE-money institution |  | Low FX costsStandard businesses |
 Equals MoneyPayment institution | | Multi-currency IBANExpense cards |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.