Overview
Narvi, at a glance.
Narvi is an e-money institution headquartered in Finland, regulated by FIN-FSA. Business accounts cost from €25 a month. Opening an account takes 3–5 days. Non-residents are accepted: owners and directors do not need to live in the country where the company is registered.
Client funds are safeguarded and kept separate from Narvi's own funds. Not covered by a deposit guarantee scheme.
Why businesses pick Narvi
- Dedicated EUR IBAN in your company's name, not a slot in a pooled account
- Accepts non-residents: owners can live outside the company's country
- Opens accounts for US LLCs and e-residency companies
- SEPA payments from €0.50
Watch out for
- Opening costs €100 to €700 depending on the plan
- SWIFT payments cost 0.3% to 0.5% plus €8
- No cards
- Medium and high-risk accounts cannot take payments from consumers
Business fit
Will Narvi 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 Narvi's published rules
Needs review
Narvi works with SaaS, but does not publish the countries it accepts companies from.
Narvi 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 Narvi publishes about the businesses it takes on.
Who Narvi serves
- SaaS
- E-commerce
- Professional services
Not supported
Industries and countries Narvi does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Narvi?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
4 currencies
- EUR
- GBP
- USD
- SEK
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
EEA companies, US LLCs, E-residency companies, Sole traders
Pricing
What does Narvi 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
From €100
depends on plan
Monthly fee
€25–50
depends on plan
European startups
Lowest cost€25 per month
€100 setup · €400 in year one
International companies
€40 per month
€400 setup · €880 in year one
Medium risk
€50 per month
€700 setup · €1,300 in year one
Enterprise
Custom
Priced for each business
Transaction fees
| Cost | European startups | International companies | Medium risk | Enterprise | How it is charged |
|---|---|---|---|---|---|
| Incoming | |||||
| SEPA | €0.5 | €1 | 0.1%, min €0.5 | Not published | Fixed fee |
| SWIFT / international | 0.3% + €8 | 0.5% + €8 | 0.5% + €8 | Not published | Percentage plus a fixed fee |
| Outgoing | |||||
| SEPA | €0.5 | €2 | 0.1%, min €0.5 | Not published | Fixed fee |
| SWIFT / international | 0.3% + €8 | 0.5% + €8 | 0.5% + €8 | Not published | Percentage plus a fixed fee |
| To another Narvi account | €1 | €1 | €1 | €1 | Fixed fee |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Book a call
Talk through your business with Narvi.
- 2
Online onboarding
Fill in the application and upload documents; it takes about 10 minutes.
- 3
Review
Compliance reviews the business, its ownership and risk, and sends a price offer.
- 4
Account live
You receive your dedicated EUR IBAN and can add users.
Documents you need
- Company registration details
- Beneficial-owner and director identification
- Evidence of business activity such as contracts, invoices or website
- Ownership/control and cross-border structure evidence where requested
FAQ
Your questions, answered.
Is Narvi a bank?
No. Narvi Payments Oy Ab is an e-money institution licensed by the Finnish Financial Supervisory Authority. Client funds are safeguarded, not covered by deposit insurance.
How much does a Narvi business account cost?
European startups pay €100 to open and €25 a month, with SEPA payments at €0.50. International companies pay €400 and €40 a month. Medium-risk businesses pay €700 and €50 a month. SWIFT payments cost 0.3% to 0.5% plus €8.
Can non-residents open a Narvi account?
Yes. Owners do not need to live in Finland or in the country where the company is registered. Narvi opens accounts for EEA companies, US LLCs and e-residency companies.
Does Narvi offer cards?
No. Narvi does not currently offer business cards.
Which payment networks does Narvi use?
SEPA, SEPA Instant and SWIFT.
Alternatives
How Narvi compares.
If Narvi is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 NarviThis pageE-money institution |  | Dedicated EUR IBANNon-residents accepted |
 GenomeE-money institution |  | Published pricesVisa cards |
 VialetE-money institution | | Dedicated IBANDigital businesses |
 3S MoneyE-money institution |    | Local IBANsNon-residents accepted |
 Wise BusinessE-money institution |  | Low FX costsStandard businesses |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.