Overview
Verto, at a glance.
Verto is an e-money institution headquartered in the United Kingdom, regulated by FCA, FinCEN, FSCA and 2 other regulators. Pricing is agreed with each client. Opening an account takes 3–5 days.
Customer funds are safeguarded through segregated accounts or an insurance policy. Verto is not a bank and FSCS protection does not apply.
Why businesses pick Verto
- Holds and exchanges 48 currencies, including many African and Asian ones other providers lack
- Built for import and export, freight, agriculture and wholesale trade
- Takes businesses outside the UK and the EEA
- Licensed in the UK, the United States, South Africa, Dubai and Canada
- Trustpilot score of 4.5 from 823 reviews
Watch out for
- UK prices and the exchange margin are not published
- Cards are virtual only for now
- Accepted countries and company types are not published
- Card payments in less-traded currencies cost 1.99%
Business fit
Will Verto 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 Verto's published rules
Needs review
Verto works with Import/Export Business, but does not publish the countries it accepts companies from.
Verto 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 Verto publishes about the businesses it takes on.
Who Verto serves
- Import and export
- E-commerce
- Healthcare
- Startups and SMEs
All 17 industries on Verto's accepted list
- Import/Export Business
- Courier Services
- Freight Forwarders
- E-commerce
- Agriculture
- Other Financial Services
- Healthcare
- Pharmaceuticals
- Oil & Gas Distribution
- Retail
- Wholesale
- Manufacturing
- Construction
- Real Estate
- Automotive Parts
- Machinery
- Food Trade
Not supported
Industries and countries Verto does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Verto?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
48 currencies
- EUR
- USD
- GBP
- CHF
- CAD
- JPY
- AED
- BDT
- BGN
- BHD
- BRL
- CNH
- CZK
- DKK
- EGP
- ETB
- GHS
- HKD
- HUF
- IDR
- ILS
- INR
- KES
- KWD
- LKR
- MAD
- MXN
- MYR
- NGN
- NOK
- NZD
- OMR
- PHP
- PKR
- PLN
- QAR
- RON
- SAR
- SEK
- SGD
- THB
- TND
- TRY
- TZS
- UGX
- XAF
- XOF
- ZAR
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Not publishedPricing
What does Verto 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 account
Custom
Transaction fees
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Virtual card issue | Free | No charge |
| 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 Verto a bank?
No. VertoFX Ltd is an e-money institution authorised by the UK FCA, reference 901073. Customer funds are safeguarded; FSCS protection does not apply.
How much does Verto cost?
UK opening, monthly and exchange prices are not published.
Which currencies does Verto support?
48 currencies, including USD, EUR, GBP, Nigerian naira, Kenyan shilling, Ghanaian cedi, South African rand, West and Central African CFA francs, Indian rupee and Chinese yuan.
Who is Verto for?
Importers and exporters, freight and courier companies, wholesalers, manufacturers and e-commerce businesses trading with Africa, Asia and other emerging markets.
Alternatives
How Verto compares.
If Verto is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 VertoThis pageE-money institution |      | Emerging markets48 currencies |
 Wise BusinessE-money institution |  | Low FX costsStandard businesses |
 EburyE-money institution | | FX and hedgingInternational trade |
 AirwallexE-money institution |   | Global accountsOnline businesses |
 OFXE-money institution |  | 34 currenciesFX specialist |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.