Overview
Transferra, at a glance.
Transferra is an e-money institution headquartered in the United Kingdom, regulated by Financial Conduct Authority. Business accounts cost €49 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.
Transferra is an e-money institution, not a bank. Client funds are held in segregated safeguarding accounts under FCA rules; FSCS protection does not apply.
Why businesses pick Transferra
- Accepts non-UK companies and residents, with fully remote opening
- UK and EU IBANs, 40+ currencies and payments to 180+ countries
- Free SEPA and Faster Payments on the Starter plan
- Unlimited virtual Visa cards
- A plan for holdings, trusts and multi-layer structures
- A dedicated account manager
Watch out for
- From €49 a month; Global costs €499 to open and Specialised from €999
- SWIFT payments cost €50 on Starter and 0.3% (€50 to €250) on Global
- FX costs 0.5% to 1%, and card payments outside EUR 3%
- Companies and owners in about 90 listed countries are refused, including the United States
- No physical card
Business fit
Will Transferra 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 Transferra's published rules
Likely fit
Transferra lists both United Kingdom companies and Import and export as accepted.
Transferra 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 Transferra publishes about the businesses it takes on.
Who Transferra serves
- Import and export
- IT and software
- Professional services
- Travel
Not supported
Industries and countries Transferra does not accept, from its own published lists.
Industries
- Escort/Prostitution Agencies
- Pornography featuring children, rape, humiliation, or bestiality
- Subscription-based dating sites that do not have genuine, underlying matches or products
- Pornography business or physical or sexual exploitation
- Any other form of pornography depicting sexual intercourse
- Bailiff services
- Marijuana dispensaries
- Unregulated CFD/FX traders
- Unlicensed Binary Options
- CFD Brokers licensed within the Marshall Islands, Cayman Islands, Vanuatu, UAE where regulatory regime is part of Sharia Law, or Belize
- Illicit streaming of copyright media and software
- ICOs/IEOs/IDOs ATMs
- Unregulated cryptocurrency exchanges or related services where AML/CFT licensing or registration is legally required
- Cryptocurrency businesses with insufficient KYC & CDD practices
- Drug-related paraphernalia, e.g. selling bongs, hookah
- Illegal/synthetic drugs or prescription drugs without a prescription
- Trade of narcotic or psychotropic substances
- Unregulated or inadequately licensed financial institutions/money service businesses
- Lending, including Pay-day lenders
- Unregulated account aggregation
- Tarot cards, horoscope readers and psychics
- Unlicensed gambling activities
- Unlicensed Binary Options
- Skins/loot box trading
- Get-rich-quick schemes, including pyramid schemes and multi-level marketing
- Non-licensed counselling centres
- Unlicensed lawyers or legal services
- Counterfeit goods
- Human body parts
- Offensive goods related to crime, e.g. photographs memorabilia
- Weapons, including firearms
- Tobacco and electronic cigarettes
- Pyrotechnic devices and hazardous materials, e.g. fireworks, explosives, toxic/flammable goods
- Stolen property
- Police-related items
- Mailing lists and personal information
- Government documents and IDs
- Lock picking devices
- Embargoed goods from prohibited countries
- Illegal telecommunications devices
- Any type of timeshare service/product
Countries
- Afghanistan · owners
- Åland Islands · owners
- Albania · owners
- American Samoa · owners
- Anguilla · owners
- Antarctica · owners
- Bahamas · owners
- Bangladesh · owners
- Barbados · owners
- Belarus · owners
- Bouvet Island · owners
- British Indian Ocean Territory · owners
- Burkina Faso · owners
- Burundi · owners
- Cambodia · owners
- Cameroon · owners
- Cayman Islands · owners
- Central African Republic · owners
- Chad · owners
- Christmas Island · owners
- Cocos (Keeling) Islands · owners
- Comoros · owners
- Costa Rica · owners
- Cuba · owners
- North Korea · owners
- Congo - Kinshasa · owners
- Equatorial Guinea · owners
- Eritrea · owners
- Fiji · owners
- French Guiana · owners
- French Southern Territories · owners
- Guam · owners
- Guatemala · owners
- Guinea-Bissau · owners
- Haiti · owners
- Heard & McDonald Islands · owners
- Vatican City · owners
- Honduras · owners
- Iran · owners
- Iraq · owners
- Jamaica · owners
- Jordan · owners
- Kiribati · owners
- Lebanon · owners
- Libya · owners
- Madagascar · owners
- Mali · owners
- Mauritania · owners
- Mayotte · owners
- Micronesia · owners
- Morocco · owners
- Mozambique · owners
- Myanmar (Burma) · owners
- Nicaragua · owners
- Nigeria · owners
- Pakistan · owners
- Palau · owners
- Palestinian Territories · owners
- Philippines · owners
- Pitcairn Islands · owners
- Congo - Brazzaville · owners
- Russia · owners
- St. Barthélemy · owners
- St. Pierre & Miquelon · owners
- Samoa · owners
- São Tomé & Príncipe · owners
- Senegal · owners
- Somalia · owners
- South Georgia & South Sandwich Islands · owners
- South Sudan · owners
- Sudan · owners
- Suriname · owners
- Svalbard & Jan Mayen · owners
- Syria · owners
- Tanzania · owners
- Timor-Leste · owners
- Tokelau · owners
- Trinidad & Tobago · owners
- Turkmenistan · owners
- Turks & Caicos Islands · owners
- Uganda · owners
- U.S. Outlying Islands · owners
- U.S. Virgin Islands · owners
- United States · owners
- Vanuatu · owners
- Venezuela · owners
- Wallis & Futuna · owners
- Western Sahara · owners
- Yemen · owners
- Zimbabwe · owners
- Afghanistan · company or owners
- Åland Islands · company or owners
- Albania · company or owners
- American Samoa · company or owners
- Anguilla · company or owners
- Antarctica · company or owners
- Bahamas · company or owners
- Bangladesh · company or owners
- Barbados · company or owners
- Belarus · company or owners
- Bouvet Island · company or owners
- British Indian Ocean Territory · company or owners
- Burkina Faso · company or owners
- Burundi · company or owners
- Cambodia · company or owners
- Cameroon · company or owners
- Cayman Islands · company or owners
- Central African Republic · company or owners
- Chad · company or owners
- Christmas Island · company or owners
- Cocos (Keeling) Islands · company or owners
- Comoros · company or owners
- Costa Rica · company or owners
- Cuba · company or owners
- North Korea · company or owners
- Congo - Kinshasa · company or owners
- Equatorial Guinea · company or owners
- Eritrea · company or owners
- Fiji · company or owners
- French Guiana · company or owners
- French Southern Territories · company or owners
- Guam · company or owners
- Guatemala · company or owners
- Guinea-Bissau · company or owners
- Haiti · company or owners
- Heard & McDonald Islands · company or owners
- Vatican City · company or owners
- Honduras · company or owners
- Iran · company or owners
- Iraq · company or owners
- Jamaica · company or owners
- Jordan · company or owners
- Kiribati · company or owners
- Lebanon · company or owners
- Libya · company or owners
- Madagascar · company or owners
- Mali · company or owners
- Mauritania · company or owners
- Mayotte · company or owners
- Micronesia · company or owners
- Morocco · company or owners
- Mozambique · company or owners
- Myanmar (Burma) · company or owners
- Nicaragua · company or owners
- Nigeria · company or owners
- Pakistan · company or owners
- Palau · company or owners
- Palestinian Territories · company or owners
- Philippines · company or owners
- Pitcairn Islands · company or owners
- Congo - Brazzaville · company or owners
- Russia · company or owners
- St. Barthélemy · company or owners
- St. Pierre & Miquelon · company or owners
- Samoa · company or owners
- São Tomé & Príncipe · company or owners
- Senegal · company or owners
- Somalia · company or owners
- South Georgia & South Sandwich Islands · company or owners
- South Sudan · company or owners
- Sudan · company or owners
- Suriname · company or owners
- Svalbard & Jan Mayen · company or owners
- Syria · company or owners
- Tanzania · company or owners
- Timor-Leste · company or owners
- Tokelau · company or owners
- Trinidad & Tobago · company or owners
- Turkmenistan · company or owners
- Turks & Caicos Islands · company or owners
- Uganda · company or owners
- U.S. Outlying Islands · company or owners
- U.S. Virgin Islands · company or owners
- United States · company or owners
- Vanuatu · company or owners
- Venezuela · company or owners
- Wallis & Futuna · company or owners
- Western Sahara · company or owners
- Yemen · company or owners
- Zimbabwe · company or owners
Coverage
Where can you use Transferra?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
40+ currencies
GBP, EUR, USD, CHF, SEK, NOK, DKK, PLN, AED, SGD, HKD, JPY, CNY and more.
Payment reach
Not published
Who can apply
Company incorporation countries160 countries · show list
- Algeria
- Andorra
- Angola
- Antigua & Barbuda
- Argentina
- Armenia
- Aruba
- Australia
- Austria
- Azerbaijan
- Bahrain
- Belgium
- Belize
- Benin
- Bermuda
- Bhutan
- Bolivia
- Bosnia & Herzegovina
- Botswana
- Brazil
- British Virgin Islands
- Brunei
- Bulgaria
- Canada
- Cape Verde
- Caribbean Netherlands
- Chile
- China
- Colombia
- Cook Islands
- Côte d’Ivoire
- Croatia
- Curaçao
- Cyprus
- Czechia
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Estonia
- Eswatini
- Ethiopia
- Falkland Islands
- Faroe Islands
- Finland
- France
- French Polynesia
- Gabon
- Gambia
- Georgia
- Germany
- Ghana
- Gibraltar
- Greece
- Greenland
- Grenada
- Guadeloupe
- Guernsey
- Guinea
- Guyana
- Hong Kong SAR China
- Hungary
- Iceland
- India
- Indonesia
- Ireland
- Isle of Man
- Israel
- Italy
- Japan
- Jersey
- Kazakhstan
- Kenya
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lesotho
- Liberia
- Liechtenstein
- Lithuania
- Luxembourg
- Macao SAR China
- Malawi
- Malaysia
- Maldives
- Malta
- Marshall Islands
- Martinique
- Mauritius
- Mexico
- Moldova
- Monaco
- Mongolia
- Montenegro
- Montserrat
- Namibia
- Nauru
- Nepal
- Netherlands
- New Caledonia
- New Zealand
- Niger
- Niue
- Norfolk Island
- North Macedonia
- Northern Mariana Islands
- Norway
- Oman
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Poland
- Portugal
- Puerto Rico
- Qatar
- Réunion
- Romania
- Rwanda
- San Marino
- Saudi Arabia
- Serbia
- Seychelles
- Sierra Leone
- Singapore
- Sint Maarten
- Slovakia
- Slovenia
- Solomon Islands
- South Africa
- South Korea
- Spain
- Sri Lanka
- St. Helena
- St. Kitts & Nevis
- St. Lucia
- St. Martin
- St. Vincent & Grenadines
- Sweden
- Switzerland
- Taiwan
- Tajikistan
- Thailand
- Togo
- Tonga
- Tunisia
- Türkiye
- Tuvalu
- Ukraine
- United Arab Emirates
- United Kingdom
- Uruguay
- Uzbekistan
- Vietnam
- Zambia
Owner nationality and residency160 countries · show list
- Algeria
- Andorra
- Angola
- Antigua & Barbuda
- Argentina
- Armenia
- Aruba
- Australia
- Austria
- Azerbaijan
- Bahrain
- Belgium
- Belize
- Benin
- Bermuda
- Bhutan
- Bolivia
- Bosnia & Herzegovina
- Botswana
- Brazil
- British Virgin Islands
- Brunei
- Bulgaria
- Canada
- Cape Verde
- Caribbean Netherlands
- Chile
- China
- Colombia
- Cook Islands
- Côte d’Ivoire
- Croatia
- Curaçao
- Cyprus
- Czechia
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Estonia
- Eswatini
- Ethiopia
- Falkland Islands
- Faroe Islands
- Finland
- France
- French Polynesia
- Gabon
- Gambia
- Georgia
- Germany
- Ghana
- Gibraltar
- Greece
- Greenland
- Grenada
- Guadeloupe
- Guernsey
- Guinea
- Guyana
- Hong Kong SAR China
- Hungary
- Iceland
- India
- Indonesia
- Ireland
- Isle of Man
- Israel
- Italy
- Japan
- Jersey
- Kazakhstan
- Kenya
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lesotho
- Liberia
- Liechtenstein
- Lithuania
- Luxembourg
- Macao SAR China
- Malawi
- Malaysia
- Maldives
- Malta
- Marshall Islands
- Martinique
- Mauritius
- Mexico
- Moldova
- Monaco
- Mongolia
- Montenegro
- Montserrat
- Namibia
- Nauru
- Nepal
- Netherlands
- New Caledonia
- New Zealand
- Niger
- Niue
- Norfolk Island
- North Macedonia
- Northern Mariana Islands
- Norway
- Oman
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Poland
- Portugal
- Puerto Rico
- Qatar
- Réunion
- Romania
- Rwanda
- San Marino
- Saudi Arabia
- Serbia
- Seychelles
- Sierra Leone
- Singapore
- Sint Maarten
- Slovakia
- Slovenia
- Solomon Islands
- South Africa
- South Korea
- Spain
- Sri Lanka
- St. Helena
- St. Kitts & Nevis
- St. Lucia
- St. Martin
- St. Vincent & Grenadines
- Sweden
- Switzerland
- Taiwan
- Tajikistan
- Thailand
- Togo
- Tonga
- Tunisia
- Türkiye
- Tuvalu
- Ukraine
- United Arab Emirates
- United Kingdom
- Uruguay
- Uzbekistan
- Vietnam
- Zambia
Company types
Companies with direct ownership (Starter), Companies with one holding company (Global), Holdings, trusts and multi-layer structures (Specialised)
Pricing
What does Transferra 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 €0
depends on plan
Monthly fee
€49–399
depends on plan
Starter
Lowest cost€49 per month
€0 setup · €588 in year one
Global
€149 per month
€499 setup · €2,287 in year one
Specialised
€399 per month
€999 setup · €5,787 in year one
Transaction fees
| Cost | Starter | Global | Specialised | How it is charged |
|---|---|---|---|---|
| Incoming | ||||
| SEPA | Free | €15 | 0.25%, min €50 | No charge |
| SWIFT / international | €25 | 0.3%, min €50 | 0.25%, min €100 | Fixed fee |
| Outgoing | ||||
| SEPA | Free | €15 | 0.25%, min €50 | No charge |
| Faster Payments (GBP) | Free | £10 | 0.25%, min £50 | No charge |
| SWIFT / international | €50 | 0.3%, min €50 | 0.25%, min €100 | Fixed fee |
Other fees
Currency exchange (FX)
| Cost | Starter | Global | Specialised | How it is charged |
|---|---|---|---|---|
| FX markup | 1% | 0.75% | 0.5% | Percentage of the amount |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Virtual card issue | Free | No charge |
| Card FX | 3% | Percentage of the amount · Outside EUR |
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 Transferra a bank?
No. TRANSFERRA UN LIMITED is an e-money institution authorised by the FCA, reference 942346. Client funds are safeguarded in segregated accounts; FSCS protection does not apply.
How much does Transferra cost?
Starter costs €49 a month with no onboarding fee, Global €149 a month and €499 to open, and Specialised from €399 a month and from €999 to open. SEPA and Faster Payments are free on Starter; SWIFT payments cost €50.
Can non-UK companies open a Transferra account?
Yes. Transferra markets UK accounts to non-UK residents and companies, including UAE companies, and opens accounts fully remotely. Companies and owners in about 90 listed countries, including the United States, are refused.
Which businesses does Transferra not accept?
Its acceptance policy lists 41 activities, including adult services, unregulated CFD, forex and binary-options brokers, bailiff services and marijuana dispensaries.
Alternatives
How Transferra compares.
If Transferra is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 TransferraThis pageE-money institution |  | Non-residents accepted40+ currencies |
 OMG.oneE-money institution | | Non-residents accepted37 currencies |
 3S MoneyE-money institution |   | Local IBANsNon-residents accepted |
 PaysetE-money institution | | 35 currenciesHigh-risk industries |
 StatrysMoney service operator |   | Hong Kong accountFree account |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.