Overview
ECOMMBX, at a glance.
ECOMMBX is an e-money institution headquartered in Cyprus, regulated by Central Bank of Cyprus, SEC and FINRA. Pricing is agreed with each client. Opening an account takes 3–5 days.
E-money funds are safeguarded in separate accounts at financial institutions. Balances are not deposits and are not covered by a deposit guarantee scheme.
Why businesses pick ECOMMBX
- IBANs in your company's name, in the UK, Denmark, Germany and Luxembourg
- Its own bank identifier code, with payments through 35 local clearing schemes
- A dedicated account manager
- Applications are assessed within 48 to 72 hours of complete documents
Watch out for
- Prices and the exchange margin are not published
- Companies and owners from 18 countries are refused, including Ukraine, Russia and Belarus
- CBD, online pharmacies and adult entertainment are not accepted
- Virtual cards are not yet available
- No Trustpilot reviews to speak of
Business fit
Will ECOMMBX 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 ECOMMBX's published rules
Likely fit
ECOMMBX lists both United Kingdom companies and Import and export as accepted.
ECOMMBX 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 ECOMMBX publishes about the businesses it takes on.
Who ECOMMBX serves
- Import and export
- E-commerce
- Holding companies
- Startups and SMEs
Not supported
Industries and countries ECOMMBX does not accept, from its own published lists.
Industries
- Financial services operating anonymous, fictitious-name or numbered accounts
- Online pharmaceutical prescription sales to end users/consumers
- Non-prescription drugs marketed as pharmaceutical wonder drugs, including steroids and diet pills, and internet drug stores
- Illegal drugs, narcotics and drug paraphernalia
- Psychoactive products including K2, Salvia Divinorum, CBD, nitrate inhalers, synthesized hemp, smoking mixtures and HCG/HGH-like substances
- Adult entertainment/pornography and sexual-exploitation advertising platforms
- Child pornography/pedophilia
- Dating and escort services where sexual encounters are permitted
- Unlicensed manufacture/trading of guns, offensive weapons, poisons, dangerous substances, firearms and ammunition, with limited Cyprus/EU-licensed recreational-gun exception
- Illegal arms trafficking
- Offensive materials inciting racial hatred or discrimination
- Unlicensed manufacture/trading/sale of intoxicating liquor, tobacco, cigarettes, smoking supplies or electronic nicotine delivery systems, with limited Cyprus/EU-licensed exception
- Financial and other pyramid sales, Ponzi schemes and pyramid investment schemes
- Online access codes, cheat codes, code grabbers, unlocks or products infringing copyright protection
- Counterfeit goods and trademark/IP infringement
- Online shops that do not monitor legality of offered products
- Fortune-telling platforms
- Human and wildlife trafficking and migrant smuggling
- Any other illegal activity
Countries
- Afghanistan · owners
- Belarus · owners
- Congo - Kinshasa · owners
- Cuba · owners
- Palestinian Territories · owners
- Haiti · owners
- Iran · owners
- Libya · owners
- Mali · owners
- Myanmar (Burma) · owners
- North Korea · owners
- Russia · owners
- Somalia · owners
- South Sudan · owners
- Syria · owners
- Venezuela · owners
- Yemen · owners
- Ukraine · owners
- Afghanistan · company or owners
- Belarus · company or owners
- Congo - Kinshasa · company or owners
- Cuba · company or owners
- Palestinian Territories · company or owners
- Haiti · company or owners
- Iran · company or owners
- Libya · company or owners
- Mali · company or owners
- Myanmar (Burma) · company or owners
- North Korea · company or owners
- Russia · company or owners
- Somalia · company or owners
- South Sudan · company or owners
- Syria · company or owners
- Venezuela · company or owners
- Yemen · company or owners
- Ukraine · company or owners
Coverage
Where can you use ECOMMBX?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
15 currencies
- EUR
- USD
- GBP
- CHF
- CAD
- AUD
- AED
- DKK
- HKD
- ILS
- INR
- NZD
- PLN
- SEK
- ZAR
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
- 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
- Iraq
- Ireland
- Isle of Man
- Israel
- Italy
- Jamaica
- Japan
- Jersey
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lebanon
- Lesotho
- Liberia
- Liechtenstein
- Lithuania
- Luxembourg
- Macao SAR China
- Madagascar
- Malawi
- Malaysia
- Maldives
- 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
- Sudan
- 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
- United Arab Emirates
- United Kingdom
- United States
- Uruguay
- Uzbekistan
- Vanuatu
- Vatican City
- Vietnam
- Wallis & Futuna
- Western Sahara
- Zambia
- Zimbabwe
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
- 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
- Iraq
- Ireland
- Isle of Man
- Israel
- Italy
- Jamaica
- Japan
- Jersey
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lebanon
- Lesotho
- Liberia
- Liechtenstein
- Lithuania
- Luxembourg
- Macao SAR China
- Madagascar
- Malawi
- Malaysia
- Maldives
- 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
- Sudan
- 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
- 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 ECOMMBX 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 e-account
Custom
Transaction fees
Other fees
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| ATM withdrawal | 2%, min €3.5 | Percentage, with a minimum charge |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Enquiry
Contact business development to confirm your country and business are supported.
- 2
Application
Submit the company's incorporation and constitutional documents.
- 3
People
Provide identity and address documents for shareholders and directors.
- 4
Evaluation
ECOMMBX aims to assess within 48 to 72 hours of receiving everything; the opening fee is paid once the IBAN is issued.
Documents you need
- Certificate of Incorporation or equivalent
- Memorandum and Articles of Association
- Certificate of Shareholders or equivalent
- Certificate of Directors or equivalent
- Passport or EU-national ID for individuals
- Certificate of Registered Office
- Recent utility bill
- Bank statement
FAQ
Your questions, answered.
Is ECOMMBX a bank?
No. ECOMMBX LTD is an e-money institution licensed by the Central Bank of Cyprus, licence 115.1.3.20/2018. Balances are safeguarded, not covered by a deposit guarantee scheme.
How much does an ECOMMBX account cost?
Prices are not published. An opening fee is paid after the IBAN is issued.
Which countries does ECOMMBX not accept?
Its list has 18 countries, including Afghanistan, Belarus, Cuba, Haiti, Iran, Libya, Myanmar, North Korea, Russia, Syria, Ukraine, Venezuela and Yemen.
Which businesses does ECOMMBX not accept?
Its list includes anonymous-account financial services, online prescription pharmacies, illegal drugs, CBD and other psychoactive products, and adult entertainment.
Is the ECOMMBX IBAN in my company's name?
Yes. ECOMMBX issues IBANs in the company's name, available in the UK, Denmark, Germany and Luxembourg.
Alternatives
How ECOMMBX compares.
If ECOMMBX is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 ECOMMBXThis pageE-money institution |  | Named IBANInternational companies |
 payabl.E-money institution |  | 30 currenciesMastercard cards |
 ConnectPayE-money institution |  | 80+ currenciesOnline businesses |
 3S MoneyE-money institution |   | Local IBANsNon-residents accepted |
 MultiPassE-money institution | | Dedicated managerOffshore considered |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.