Overview
Payhawk, at a glance.
Payhawk is an e-money institution headquartered in the United Kingdom, regulated by FCA, Bank of Lithuania. Pricing is agreed with each client. Opening an account takes 3–5 days.
Funds are safeguarded in dedicated accounts at regulated banks, separate from Payhawk's own money.
Why businesses pick Payhawk
- Built for groups with several companies and countries
- Visa debit and credit cards with spend controls
- Accounts in EUR, GBP, USD, RON, PLN, DKK and CHF
- Companies in 32 countries can apply, including the United States and Switzerland
- No exchange fee when you spend in a currency you hold
Watch out for
- Prices are by package and not published
- Card spending in another currency costs 1.99%
- Aimed at mid-market and larger companies
- Accepted industries are not published
Business fit
Will Payhawk 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 Payhawk's published rules
Likely fit
Payhawk lists both United Kingdom companies and Finance and accounting teams as accepted.
Payhawk 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 Payhawk publishes about the businesses it takes on.
Who Payhawk serves
- Executives and finance teams
- Startups and SMEs
- IT and software
- Professional services
All 7 industries on Payhawk's accepted list
- Finance and accounting teams
- Mid-market and enterprise businesses
- Multi-entity groups
- UK, EU/EEA and US companies
- Accounts payable teams
- Travel and employee-expense programmes
- Companies needing corporate Visa cards and spend controls
Not supported
Industries and countries Payhawk does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Payhawk?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
7 currencies
- EUR
- USD
- GBP
- CHF
- DKK
- PLN
- RON
Payment reach
Not published
Who can apply
Company incorporation countries32 countries · show list
- United Kingdom
- United States
- Austria
- Belgium
- Bulgaria
- Croatia
- Czechia
- Cyprus
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
- Iceland
- Liechtenstein
- Norway
- Switzerland
Owner nationality
Not publishedOwner residency
Not publishedCompany types
Not publishedPricing
What does Payhawk 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
Custom package
Custom
Transaction fees
Other fees
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Card FX | 1.99% | Percentage of the amount |
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 Payhawk a bank?
No. Payhawk Financial Services Limited is an e-money institution authorised by the FCA, reference 987096, and Payhawk Financial Services UAB is licensed by the Bank of Lithuania.
How much does Payhawk cost?
Pricing depends on the package, the number of users and cards, and volume, and is not published. Card spending in another currency costs 1.99%.
Which companies can use Payhawk?
Companies registered in the UK, the United States, Switzerland and 29 countries of the EU and EEA.
Does Payhawk offer cards?
Yes. Physical and virtual Visa cards, debit and credit, with limits and controls for each employee.
Alternatives
How Payhawk compares.
If Payhawk is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 PayhawkThis pageE-money institution |   | Expense cardsSpend management |
| PleoE-money institution |  | Expense cardsSpend management |
 SpendeskPayment institution |  | Expense cardsSpend management |
 SoldoE-money institution |  | Expense cardsSpend management |
| MossE-money institution |  | Expense cardsFree plan |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.