Banxe vs Xace: what each publishes
As of October 26, 2026, Banxe takes these industries by its own published rules: Crypto, with conditions. Xace: AI and SaaS; iGaming, with conditions.
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
- 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
Its own list of countries, quoted below with its source and date
Xace
- United Kingdom
- EU / EEA (western & northern, plus Spain, Italy, Portugal)
- EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
- Switzerland / Liechtenstein
The regions its own documents name, read on October 21, 2026
Policy by industry
| Industry | Banxe | Xace |
|---|---|---|
| AI and SaaS | No published rule | Yes |
| Crypto | With conditions | No published rule |
| iGaming | No published rule | With conditions |
| Adult | No published rule | No published rule |
| Unlicensed financial services | No published rule | No published rule |
| Forex and CFD | No published rule | No published rule |
| Marketplace | No published rule | No published rule |
Where owners must live
Banxe
No published rule
Xace
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.
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
Xace
No published rule
Fees
Banxe
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| 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 prints | EUR 25 ('Account monthly fee') | · Source |
Xace
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Gaming Payment Account | Price on application ('£POA joining fee') | GBP 250 a month per account | · Source |
| Business Payment Account | Price on application ('£POA joining fee') | GBP 250 a month per account | · 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.
Xace
11.2 We may close a Payment Account by notifying You by e-mail or through the Portal on at least three months' notice or immediately if We suspect that there has been a breach of these Terms and Conditions.
Licence
| Licensee | Banxe | Xace |
|---|---|---|
| Licensee | Banxe 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 Banxe | Xace Limited · authorised payment institution, FCA (FRN 948213), and EMD agent of Modulr FS Limited (agent reference 902828) · accounts and cards provided by Modulr FS Limited · electronic money institution authorised by the FCA (FRN 900573), or by Modulr Finance B.V. · electronic money institution authorised by De Nederlandsche Bank (R182870) · Xace Malta Ltd · payment institution licensed by the Malta Financial Services Authority (C 102626) |
| Regulator | FCA · | FCA / DNB / MFSA · |