Overview
BVNK, at a glance.
BVNK is an e-money institution headquartered in the United Kingdom, regulated by FCA, MFSA. Pricing is agreed with each client. Opening an account takes 3–5 days.
E-money funds are safeguarded and segregated and are not deposit-guaranteed. Crypto assets in custody are not covered by any compensation scheme.
Why businesses pick BVNK
- Bank payments and stablecoins in one account
- Accounts in USD, EUR and GBP with local details
- Licensed as an e-money institution in the UK and Malta
- Round-the-clock support and an account manager
- Part of Mastercard, which completed its acquisition of BVNK on 3 August 2026
Watch out for
- For businesses processing at least $500,000 a month with an operating history
- Prices are by quote and not published
- Companies from 20 countries and several Ukrainian regions are refused
- Unlicensed crypto, crowdfunding and high-value dealers are not accepted
Business fit
Will BVNK 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 BVNK's published rules
Likely fit
BVNK lists both United Kingdom companies and Crypto platforms as accepted.
BVNK 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 BVNK publishes about the businesses it takes on.
Who BVNK serves
- Crypto
- Financial institutions
All 6 industries on BVNK's accepted list
- Crypto platforms
- Stablecoin businesses
- Exchanges/CASPs
- Financial institutions
- Treasury/payment platforms
- Businesses processing at least USD500,000/month with operating history
Not supported
Industries and countries BVNK does not accept, from its own published lists.
Industries
- Illegal/unlawful activity and financial crime
- Sanctions evasion
- Shell banks/companies
- Unlicensed financial institutions/MSBs
- Unlicensed crypto exchanges/custodians/ATMs
- Privacy crypto/mixing/tumbling/obfuscating bridges
- Adult/escort/pornography/CSAM
- Arms/defence/dual-use surveillance
- Cash/valuables in transit and high-value dealers
- Crowdfunding/fundraising platforms
- Hawala/informal value transfer
- Unlicensed gambling
- Wildlife trafficking
- Unregulated pharmaceuticals/supplements/cannabis/narcotics
- Piracy/illegal streaming
- Counterfeit goods
- Unlicensed charities
- Pyramid/MLM/get-rich-quick schemes
- Political/religious hate organisations
- Fourth-party/multi-layered PSP/MSB arrangements
- Businesses serving only high-net-worth individuals
Countries
- Afghanistan · owners
- Belarus · owners
- Congo - Kinshasa · owners
- Cuba · owners
- North Korea · owners
- Haiti · owners
- Iran · owners
- Iraq · owners
- Lebanon · owners
- Libya · owners
- Myanmar (Burma) · owners
- Russia · owners
- Somalia · owners
- South Sudan · owners
- Sudan · owners
- Syria · owners
- Venezuela · owners
- Yemen · owners
- Palestinian Territories · owners
- Afghanistan · company or owners
- Belarus · company or owners
- Congo - Kinshasa · company or owners
- Cuba · company or owners
- North Korea · company or owners
- Haiti · company or owners
- Iran · company or owners
- Iraq · 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
- Palestinian Territories · company or owners
Coverage
Where can you use BVNK?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
3 currencies
- EUR
- USD
- GBP
Payment reach
Not published
Who can apply
Company incorporation countries231 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
- Central African Republic
- Chad
- Chile
- China
- Christmas Island
- Cocos (Keeling) Islands
- Colombia
- Comoros
- Congo - Brazzaville
- 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
- 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
- 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
- Zimbabwe
Owner nationality and residency231 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
- Central African Republic
- Chad
- Chile
- China
- Christmas Island
- Cocos (Keeling) Islands
- Colombia
- Comoros
- Congo - Brazzaville
- 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
- 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
- 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
- Zimbabwe
Company types
Not publishedPricing
What does BVNK 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
By quote
Custom
Transaction fees
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 |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is BVNK a bank?
No. System Pay Services Ltd, which operates BVNK in the UK, is an e-money institution authorised by the FCA, reference 901057. Its Maltese company is licensed by the MFSA.
Who owns BVNK?
Mastercard. It completed its acquisition of BVNK on 3 August 2026. BVNK continues under its own name, and its e-money licences are held by the same companies as before.
How much does BVNK cost?
Prices are quoted by its sales team and are not published.
Who is BVNK for?
Crypto platforms, stablecoin businesses, exchanges, financial institutions and payment platforms processing at least $500,000 a month.
Which businesses does BVNK not accept?
Its list includes unlicensed financial institutions and crypto businesses, mixing services, adult content, arms, crowdfunding platforms, hawala and unlicensed gambling.
Alternatives
How BVNK compares.
If BVNK is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
| BVNKThis pageE-money institution |   | StablecoinsEnterprise |
 Fiat RepublicE-money institution |  | Crypto platformsAPI |
 BCB GroupPayment institution |  | Crypto-friendlyInstitutional |
 OpenPaydE-money institution | | Virtual IBANsFintech infrastructure |
 Clear JunctionE-money institution |   | Financial institutionsDigital assets |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.