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Banxe vs EQWIRE: what each publishes

As of October 26, 2026, Banxe takes these industries by its own published rules: Crypto, with conditions. EQWIRE: AI and SaaS; Forex and CFD, with conditions; Marketplace, with conditions.

BanxeFCAEQWIREFCA

Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.

Where it takes companies from

Banxe

Its own list of countries, quoted below with its source and date

EQWIRE

Its own list of countries, quoted below with its source and date

Policy by industry

Banxe and EQWIRE: published policy by industry
IndustryBanxeEQWIRE
AI and SaaSNo published ruleYes
CryptoWith conditionsNo
Forex and CFDNo published ruleWith conditions
MarketplaceNo published ruleWith conditions
iGamingNo published ruleNo
AdultNo published ruleNo
Unlicensed financial servicesNo published ruleNo

Where owners must live

Banxe

No published rule

EQWIRE

No published rule

Rules about countries

Banxe

Please find below the list of countries that are considered Low to Medium Risk, and that can be onboarded for the business account with Banxe.

Banxe · Takes companies registered in · · Source
All countries named (34)

Andorra, Australia, Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland, United Kingdom

EQWIRE

EQWIRE does not accept as a customer from the following category of Unacceptable Customers and Unacceptable Businesses: … Private individuals and entities domiciled outside the UK or outside the EEA;

EQWIRE · Takes companies registered in · · Source
All countries named (31)

Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom

EQWIRE is focused on attracting and servicing customers in the UK and the EEA for the foreseeable future, which reduces the risk. EQWIRE has no association with or processes transactions to the following sanctioned countries:

EQWIRE · Refuses owners who live in · · Source

Afghanistan, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Côte d’Ivoire, Cuba, DR Congo, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, Nicaragua, North Korea, Palestinian Territories, Russia, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, Zimbabwe

Fees

Banxe

Banxe: published fees
PlanAccount openingMonthlyChecked
Beluga Whale (UK/EEA)EUR 50 ('Account opening fee')EUR 25 ('Account monthly fee') · Source
Blue Whale (other regions)EUR 50 ('Account opening fee'), the one opening fee the page printsEUR 25 ('Account monthly fee') · Source

EQWIRE

EQWIRE: published fees
PlanAccount openingMonthlyChecked
Corporate, standard riskFree ('Free standard onboarding and account maintenance, subject to approval.')GBP 0 · Source
Corporate, medium riskNot published for this tierGBP 100 · Source
Corporate, high riskGBP 1,700 to onboard, in two parts: GBP 850 compliance and onboarding review before the decision ('Payable before the approval decision. Non-refundable if the application is declined or withdrawn.') and GBP 850 activation after approvalGBP 750 · Source

Closing an account

Banxe

13.3. Where immediate termination is not required, TOMPAY may terminate this Agreement by giving at least sixty (60) calendar days' written notice.

Notice before closing · · Source

Account closed or frozen? What Banxe’s terms say

EQWIRE

21.2. Termination by us on notice. We may close the Account by giving you at least two months’ notice, unless we are entitled to close immediately under clause 21.3.

Notice before closing · · Source

Account closed or frozen? What EQWIRE’s terms say

Licence

LicenseeBanxeEQWIRE
LicenseeBanxe LTD (trading as Banxe) · distributor of Tompay LTD · electronic money institution authorised by the FCA (FRN 931509) · crypto services by SIA "Paybis Europe" (Latvia), not by Tompay or BanxeEQWIRE UK Limited · electronic money institution authorised by the FCA (FRN 901100)
RegulatorFCA · FCA ·