MDRN FX Services Limited, FCA-authorised payment institution, FRN 540997.020 8960 4140  |  Mon to Fri, 9am to 6pm
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An account in your business's name

Customers pay into an IBAN that carries your name, not a pooled reference. Hold pounds and euros side by side, see every balance live, and pay out on the rail that fits.

Open an accountSee the rails

What you get

Hold

Payment accounts with IBANs in your own name, in pounds and euros.

  • Voucher settlements land here directly
  • Customer payments arrive under your business name
  • Funds safeguarded, never lent out

Provider: MDRN FX Services Limited, FCA-authorised PI, FRN 540997

Move

UK, euro and cross-border payments, each on the rail that fits.

  • Faster Payments for sterling, typically in seconds
  • SEPA and SEPA Instant for euros
  • SWIFT for everything further afield

Fee and arrival time shown before you confirm. Rail picker

Spend

A prepaid debit card, physical and virtual, that spends only what you load.

  • Per-card limits and merchant controls
  • Instant freeze from your phone
  • Every transaction visible as it happens

Scheme, issuer, fees and limits confirmed before you order. About the card

Who can open one

Limited companies, sole traders and newly incorporated businesses. We ask once, properly, and we don't exclude by sector.

  • Limited companiesCertificate of incorporation, ownership structure down to beneficial owners, ID for directors and owners.
  • Sole tradersYour name, address and proof of address. An account that keeps business money separate from personal.
  • EveryoneA clear description of money flows: who pays you, who you pay, in which currencies and roughly what volumes.
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Convert between your balancesIllustrative
€58,500.00
Illustrative rate: 1 GBP = 1.1700 EUR

Rates here are placeholders to show how the screen works. On the real platform the full cost is shown before you confirm, and nothing converts until you say so.

FRN540997AuthorisedPaymentInstitution

Not a bank account, and we'll always say so

This is a payment account with an FCA-authorised payment institution. Money in it is safeguarded, held separately from our own funds and never lent out. There's no overdraft and no credit, which is also why a company with no credit history isn't at a disadvantage. It is not covered by the FSCS.

Bank, e-money institution (EMI) or payment institution: the difference

Ready when you are

Tell us what you sell and where your money moves. You'll get a straight answer.

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