Overview
Moneycorp, at a glance.
Moneycorp is a payment institution headquartered in the United Kingdom, regulated by Financial Conduct Authority, Dubai Financial Services Authority. The business account has no monthly fee. Opening an account takes 3–5 days.
Moneycorp is a payment institution, not a bank. Client funds are segregated in client-funds accounts under UK safeguarding rules; FSCS protection does not apply.
Why businesses pick Moneycorp
- Free account opening
- Multicurrency IBAN for receiving payments
- International payments in 130+ currencies
- Forward contracts and other FX risk-management tools
- A dedicated account manager
- Trustpilot score of 4.7 from more than 7,000 reviews
Watch out for
- Exchange margin and transfer fees are not published
- No business card
- Accepted countries and company types are not published
- Currency list not published in full
Business fit
Will Moneycorp 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 Moneycorp's published rules
Needs review
Moneycorp works with Import and export, but does not publish the countries it accepts companies from.
Moneycorp 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 Moneycorp publishes about the businesses it takes on.
Who Moneycorp serves
- Import and export
- Professional services
- Financial institutions
- Startups and SMEs
Not supported
Industries and countries Moneycorp does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Moneycorp?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
130+ currencies
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Not publishedPricing
What does Moneycorp 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
Free
Monthly fee
Free
Business account
£0 per month
£0 setup · £0 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Outgoing | ||
| SWIFT / international | Not published | |
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 Moneycorp a bank?
No. TTT Moneycorp Limited is a payment institution authorised by the FCA (308919). Client funds are segregated; FSCS protection does not apply.
How much does Moneycorp cost for a business?
Opening an account is free. Exchange margins and payment fees are not published; Moneycorp quotes them per client.
What can a business do with Moneycorp?
Receive money on a multicurrency IBAN, make international payments in 130+ currencies and manage currency risk with forwards and other tools.
Does Moneycorp offer business cards?
No business card is listed for the UK business account.
Alternatives
How Moneycorp compares.
If Moneycorp is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 MoneycorpThis pagePayment institution |   | Business account130+ currencies |
 Currencies DirectE-money institution |   | FX40+ currencies |
 OFXE-money institution |   | 34 currenciesFX specialist |
 Equals MoneyPayment institution | | Multi-currency IBANExpense cards |
 EburyE-money institution |  | FX and hedgingInternational trade |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.