EQWIRE

EQWIRE offers multi-currency named accounts and international payments for businesses and professionally active private clients. The operating company is EQWIRE UK Limited, which states that it is authorised by the Financial Conduct Authority as an electronic money institution (FRN 901100, company number 12533411).

Services The listed services are multi-currency accounts, FX, mass payments and a REST API. The currencies named include GBP and EUR, and payments run over Faster Payments, SEPA and SWIFT. The company explicitly does not facilitate cryptocurrency transactions.

Safeguarding E-money balances are not covered by the FSCS and are protected through safeguarding instead. The provider states that GBP and EUR e-money funds are safeguarded in segregated accounts at European Merchant Bank.

Who it suits Businesses and active individual professionals that need named accounts, cross-border transfers and bulk payouts, including teams that want to automate payments through the API. Crypto businesses are outside the scope. The registered address is 40 Gracechurch Street, London, and fees and limits should be confirmed with the company.