02 · Electronic money account

E-money wallet & transfers

Receive and hold electronic money in a wallet, then transfer funds or make payments to recipients.

Product features

Businesses and customers needing to receive funds, transfer money and make international payments.

E-money wallet & transfers

How it works

  1. 01

    Funds arrive in the wallet

  2. 02

    Hold or manage electronic money

  3. 03

    Transfer or pay a recipient

Start with the business team

How to apply

Discuss account purpose, business details and payment flows with the team. If eligible, follow the account application and verification instructions.

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Questions about this product

Is an e-money account the same as a bank account?

No. An e-money account is not a bank deposit and does not earn deposit interest. Funds held by an electronic money institution are not directly protected by the FSCS; safeguarding is a separate framework.

Can I make international transfers?

The wallet supports local or international transfers. Supported currencies, markets and limits are confirmed for your account during onboarding.

How do I open an e-money wallet?

Contact the business team to discuss the account purpose, your business and your payment flows. If eligible, you receive the application and verification instructions.

Your next chapter in payments starts here.

Speak with our team about the needs of your business.

Talk to our team