Overview
Vivid Business, at a glance.
Vivid Business is an e-money institution headquartered in Luxembourg, regulated by CSSF, AFM. The business account has no monthly fee. Opening an account takes 3–5 days. Every director must live in one of the 31 EEA countries or Switzerland; an owner or director may live in a different one from where the company is registered.
Vivid safeguards all payment-account funds in segregated accounts, separate from its own money. A Vivid account is not a bank deposit.
Why businesses pick Vivid Business
- A free plan with no opening fee
- Local IBANs in six countries and an account in 22 currencies
- Opens in minutes, and the company can still be in formation in Germany or the Netherlands
- Owners and directors may live in any of 31 EEA countries and Switzerland
- Virtual and physical Visa cards, with up to 25 virtual cards per team member
- Trustpilot score of 4.7 from more than 30,000 reviews
Watch out for
- Only for companies registered in the EEA or Switzerland, and new registrations in Bulgaria, Hungary, Lithuania and Romania are paused
- Every director must live in the EEA or Switzerland
- The Free plan cannot send international transfers
- Import and export, logistics, marketplaces, crypto, holding companies and many other businesses are not accepted
- Card payments in other currencies cost 2% on the Free plan
Business fit
Will Vivid Business 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 Vivid Business's published rules
Likely no
Vivid Business does not list United Kingdom among the countries where it accepts companies.
Vivid Business 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 Vivid Business publishes about the businesses it takes on.
Who Vivid Business serves
- Startups and SMEs
- Freelancers
- E-commerce
- Travel
Not supported
Industries and countries Vivid Business does not accept, from its own published lists.
Industries
- Religious/faith-based/political organisations
- Adult entertainment/pornography
- Affiliate marketing
- Auctions
- Bearer-share structures or nominee arrangements
- Binary options
- Counterfeit/replica goods
- Crowdfunding/crowdlending
- Cryptocurrency or tokens
- Cross-border logistics
- Drugs including CBD/pseudo-drugs
- Crude petroleum/natural-gas extraction
- Holding companies of private individuals owning less than 25% in subsidiaries
- Gambling/betting/casinos
- Other activities materially increasing AML risk or subject to an AML warning
- Non-profit/charitable organisations and non-registered associations unless approved
- Marketplaces
- MLM
- Pharmaceuticals
- Financial institutions/service providers managing third-party funds
- Sale of high-value goods (€10,000) including precious metals/stones, art/antiques, valuable commodities and vehicles
- Corporate-services providers and legal/accounting services
- Import/export and cross-border logistics including maritime/land shipping
- Illegal drug trade
- Ponzi/pyramid schemes
- Sexually related illegal services
- Weapons/defence equipment for military use
- Illegal products/services including human trafficking, political corruption and illegal wildlife trafficking
- Other illegal or T&C-violating activity
Countries
- Bulgaria · company
- Hungary · company
- Lithuania · company
- Romania · company
Coverage
Where can you use Vivid Business?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
22 currencies
- EUR
- USD
- GBP
- CHF
- CAD
- AUD
- JPY
- AED
- CZK
- DKK
- HKD
- HUF
- ILS
- MXN
- NOK
- NZD
- PLN
- RON
- SEK
- SGD
- TRY
- ZAR
Payment reach
Not published
Who can apply
Company incorporation countries27 countries · show list
- Austria
- Belgium
- Croatia
- Cyprus
- Czechia
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Ireland
- Iceland
- Italy
- Latvia
- Liechtenstein
- Luxembourg
- Malta
- Netherlands
- Norway
- Poland
- Portugal
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
Owner nationality
Not publishedOwner residency31 countries · show list
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czechia
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Iceland
- Italy
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Norway
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
Company types
Limited companies, Sole traders and freelancers, Companies in formation (Germany, Netherlands)
Pricing
What does Vivid Business 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
€0–319
depends on plan
Free Start
Lowest cost€0 per month
€0 setup · €0 in year one
Basic
€8.9 per month
€0 setup · €106.8 in year one
Pro
€24.9 per month
€0 setup · €298.8 in year one
Enterprise
€96 per month
€0 setup · €1,152 in year one
Enterprise+
€319 per month
€0 setup · €3,828 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SWIFT / international | €5 | Fixed fee · Incoming payments outside SEPA |
| Outgoing | ||
| SEPA | Free | No charge · Unlimited on the business plans |
| SEPA Instant | Free | No charge · Where the other bank supports it |
| ACH / local USD | 0.1%, min €0.5 | Percentage, with a minimum charge · Also Faster Payments and Fedwire; not on the Free plan |
Ranges span the plans; higher plans pay the lower end.
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | 0.5% | Percentage of the amount · Above the monthly conversion allowance: €10,000 Basic, €30,000 Pro, €70,000 Enterprise; none on Free |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Virtual card issue | Free | No charge |
| Physical card issue | Free | No charge · Recycled plastic card; a metal card costs €19.90 |
| Card FX | 1–2% | Percentage of the amount; varies by plan · 2% on Free Start, 1% on the paid plans |
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 Vivid a bank?
No. Vivid Money S.A. is a Luxembourg electronic-money institution supervised by the CSSF (register W00000015). It safeguards all payment-account funds separately from its own, and balances are not a bank deposit.
How much does Vivid Business cost?
Free Start costs nothing. Basic costs €8.90 a month, Pro €24.90, Enterprise €96 and Enterprise+ €319 when billed monthly, and less when billed yearly. Outgoing SEPA payments are free on the business plans.
Who can open a Vivid business account?
Companies and freelancers registered in the EEA or Switzerland, whose directors all live in the EEA or Switzerland. New registrations in Bulgaria, Hungary, Lithuania and Romania are currently unavailable.
Which businesses does Vivid not accept?
Its list includes crypto, gambling, adult entertainment, affiliate marketing, marketplaces, MLM, pharmaceuticals, import and export and cross-border logistics, corporate-services and legal or accounting firms, and many financial services.
Alternatives
How Vivid Business compares.
If Vivid Business is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 Vivid BusinessThis pageE-money institution |   | Local IBANsVisa cards |
 QontoPayment institution |  | FreelancersInvoicing tools |
 Revolut BusinessBank |   | Cards and spend controlsStartups and SMEs |
 HolviPayment institution |  | 18 currenciesFree plan |
 WallesterPayment institution |  | Visa cards10 currencies |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.