Overview
Lumon, at a glance.
Lumon is an e-money institution headquartered in the United Kingdom, regulated by Financial Conduct Authority, Central Bank of Ireland, Bank of Portugal. Pricing is agreed with each client. Opening an account takes 3–5 days.
Lumon is an e-money institution, not a bank. Money is safeguarded separately from its own funds or covered by an equivalent insurance policy; FSCS protection does not apply.
Why businesses pick Lumon
- Wallets in 60 currencies, including many African, Asian and Caribbean ones
- Forward contracts and other currency-risk tools
- Free payments to other Lumon wallets
- A named account manager and phone support
- Licensed in the UK and Ireland
- Trustpilot score of 4.8 from more than 4,000 reviews
Watch out for
- Account and exchange prices are not published
- Each payment to a non-Lumon account costs £5
- No card
- Accepted countries and company types are not published
- Money tied up in an FX contract may not be safeguarded
Business fit
Will Lumon 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 Lumon's published rules
Needs review
Lumon works with Import and export, but does not publish the countries it accepts companies from.
Lumon 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 Lumon publishes about the businesses it takes on.
Who Lumon serves
- Import and export
- Professional services
- Startups and SMEs
- Travel
Not supported
Industries and countries Lumon does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Lumon?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
60 currencies
- EUR
- USD
- GBP
- CHF
- CAD
- AUD
- JPY
- AED
- ANG
- BBD
- BGN
- BHD
- BSD
- BWP
- BZD
- CNY
- CZK
- DKK
- FJD
- GHS
- HKD
- HUF
- ILS
- INR
- JMD
- JOD
- KES
- KWD
- KYD
- LKR
- LSL
- MAD
- MUR
- MWK
- MXN
- NGN
- NOK
- NZD
- OMR
- PHP
- PKR
- PLN
- QAR
- RON
- RSD
- SAR
- SEK
- SGD
- THB
- TND
- TRY
- TTD
- UGX
- VUV
- XCD
- ZAR
- ZMW
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Not publishedPricing
What does Lumon 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 wallet
Custom
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Outgoing | ||
| SWIFT / international | £5 | Fixed fee · Each payment to a non-Lumon account, or the currency equivalent |
| To another Lumon account | Free | No charge · To another Lumon wallet |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published |
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
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 Lumon a bank?
No. Lumon Pay Ltd is an e-money institution authorised by the UK FCA (902022), and Lumon FX Europe Limited by the Central Bank of Ireland (C186257). Money is safeguarded; FSCS protection does not apply.
How much does Lumon cost?
Account and exchange prices are not published. Payments to other Lumon wallets are free; each payment to a non-Lumon account costs £5 or the currency equivalent.
Which currencies does Lumon support?
60 currencies, including GBP, EUR, USD, AED, INR, NGN, KES, GHS, PKR, PHP, JMD and the Caribbean dollars.
What is Lumon for?
International payments and currency-risk management: paying overseas suppliers, buying property abroad and hedging with forward contracts.
Alternatives
How Lumon compares.
If Lumon is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 LumonThis pageE-money institution |    | Currency hedging60 currencies |
 EburyE-money institution |  | FX and hedgingInternational trade |
 Equals MoneyPayment institution | | Multi-currency IBANExpense cards |
 OFXE-money institution |  | 34 currenciesFX specialist |
 iBanFirstPayment institution | | FX specialistFree account |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.