Best Crypto Business Banks in the UK for Companies

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Operating a cryptocurrency business in the UK requires a reliable banking partner. While traditional high-street banks often hesitate to serve crypto-related firms, several modern financial institutions and challenger banks offer tailored business banking solutions. These providers support everything from daily transactions and payroll to crypto-fiat integrations and international payments.

Choosing the right banking partner is essential for compliance, operational efficiency, and scaling your crypto venture. Below, we explore some of the top business banking options available to UK-based crypto companies.

Top Crypto-Friendly Business Banks in the UK

Here are some of the leading banking service providers supporting crypto businesses:

Each offers distinct features tailored to companies operating in the digital asset ecosystem.

Bankera

Bankera stands out as a comprehensive banking solution designed for crypto businesses. It supports a wide range of entities, including exchanges, brokers, and mining operations. Users can transfer cryptocurrencies from other platforms and manage fiat transactions via dedicated IBAN accounts.

The platform supports SEPA and SWIFT payments, offers payment processing for card transactions, and provides corporate Visa cards for expense management. This makes Bankera a versatile option for crypto companies seeking an all-in-one financial solution.

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Xace

Originally launched for the gaming industry, Xace has expanded to offer specialised accounts for crypto businesses. It supports both GBP and EUR transactions, provides virtual debit cards, and facilitates fast settlements.

Xace also supports CHAPS and BACS payments, making it a practical choice for UK-registered companies requiring efficient domestic and international transaction capabilities.

Key features of Xace:

Cashaa

Cashaa combines traditional banking services with crypto payment solutions. It allows businesses to accept Bitcoin and other cryptocurrencies while seamlessly converting digital assets to fiat currency.

Authorised by the FCA, Cashaa offers UK current accounts and supports major payment methods including SWIFT, SEPA, CHAPS, and BACS. It also provides API access for businesses looking to automate financial operations.

Key features of Cashaa:

Revolut

Revolut is widely recognised as a crypto-friendly neobank, and its business banking arm offers versatile features for companies. While its crypto tools are limited to basic exchange functions, it supports multi-currency accounts, international payments, and corporate debit cards.

Revolut also offers API access for payment processing, making it suitable for businesses that require efficient fiat management alongside casual crypto exposure.

Key features of Revolut Business:

Orounda

Orounda is a financial services provider that offers business banking with support for cryptocurrencies. Established in 2015, it provides over 50 payment methods and specialises in innovative financial technologies.

Ideal for larger companies, Orounda offers customised solutions including payment processing, multi-currency accounts, and debit card programs.

Key features of Orounda:

BCB Group

BCB Group focuses exclusively on the crypto sector, offering business banking, liquidity services, and treasury management. It supports major fiat currencies including GBP, EUR, and USD, and provides access to all key payment networks such as FPS, CHAPS, BACS, SEPA, and SWIFT.

BCB is particularly useful for firms requiring high liquidity, daily settlements, and professional treasury management for Bitcoin and other digital assets.

Key features of BCB Group:

Frequently Asked Questions

What is a crypto business bank?
A crypto business bank is a financial institution that offers banking services to companies operating in the cryptocurrency industry. These services often include business accounts, payment processing, card issuance, and sometimes integration with crypto payment gateways.

Why can’t traditional banks serve crypto businesses?
Many traditional banks avoid crypto companies due to regulatory uncertainty, perceived risks related to money laundering, and volatility. Challenger banks and specialised providers often have more flexible policies and better technological integration with digital assets.

Are these business banking options safe?
Most listed providers are authorised and regulated by financial authorities such as the FCA. It’s important to verify the regulatory status of any bank and ensure they implement robust security measures.

Can non-UK companies use these banks?
Some of these banks serve international clients, but eligibility often depends on business registration, compliance checks, and geographic focus. Always confirm with the provider directly.

Do these banks support Ethereum or other altcoins?
Support varies by provider. While some banks integrate directly with multiple cryptocurrencies, others only support Bitcoin or purely fiat transactions. Check each bank’s crypto capabilities before applying.

What documents are required to open a business account?
Typically, you’ll need proof of company registration, identity documents for directors and beneficiaries, a business plan, and details about your crypto activities. Requirements may differ between banks.

Conclusion

The landscape for crypto business banking in the UK has improved significantly, with several specialised banks now offering services tailored to digital asset companies. Whether you operate an exchange, a trading firm, or a blockchain startup, there are banking options available that support both fiat and crypto needs.

When choosing a bank, consider factors such as transaction types, currency requirements, integration capabilities, and regulatory compliance. 👉 Learn more about advanced business tools

As the industry continues to mature, these financial partners play a crucial role in bridging traditional finance with the future of digital assets.