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EQWIRE vs Modulr: what each publishes

As of October 17, 2026, EQWIRE takes these industries by its own published rules: AI and SaaS; Forex and CFD, with conditions; Marketplace, with conditions. We hold no such rule from Modulr.

EQWIREFCAModulrFCA / DNB

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

EQWIRE

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

Modulr

  • United Kingdom
  • EU / EEA (western & northern, plus Spain, Italy, Portugal)
  • EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)

The regions its own documents name, read on October 9, 2026

Policy by industry

EQWIRE and Modulr: published policy by industry
IndustryEQWIREModulr
AI and SaaSYesNo published rule
Forex and CFDWith conditionsNo published rule
MarketplaceWith conditionsNo published rule
CryptoNoNo published rule
iGamingNoNo published rule
AdultNoNo published rule
Unlicensed financial servicesNoNo published rule

Where owners must live

EQWIRE

No published rule

Modulr

No published rule

Rules about countries

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

Modulr

Use of Modulr’s services for any dealings, engagement, or sale of goods/services directly or indirectly with the following are prohibited: … Jurisdictions Modulr has deemed as prohibited, including but not limited to - Afghanistan, Belarus, (Democratic Republic of) Congo, Cuba, Haiti, (Islamic Republic of) Iran, Iraq, Lebanon, Libya, Myanmar, North Korea, Russian Federation, Somalia, South Sudan, Sudan, Syria, Yemen.

Modulr · Refuses companies or owners from · · Source

Afghanistan, Belarus, Cuba, DR Congo, Haiti, Iran, Iraq, Lebanon, Libya, Myanmar, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Yemen

Fees

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

Modulr

All 9 fee lines, by plan and country
Modulr: published fees
PlanAccount openingMonthlyChecked
Bundle (Accounts Payable, Spend Management and Payroll Payments) BronzeNot statedGBP 30.00 · Source
Bundle SilverNot statedGBP 110.00 · Source
Bundle PlatinumNot statedGBP 500.00 · Source
Accounts Payable & Spend Management BronzeNot statedGBP 20.00 · Source
Accounts Payable & Spend Management SilverNot statedGBP 75.00 · Source
Accounts Payable & Spend Management PlatinumNot statedGBP 320.00 · Source
Payroll Payments BronzeNot statedGBP 16.25 · Source
Payroll Payments SilverNot statedGBP 67.20 · Source
Payroll Payments PlatinumNot statedGBP 300.00 · Source

Closing an account

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

Modulr

11.1 We can terminate your Account at any time if we give at least three (3) months’ notice and transfer any Available Balance at the time to your nominated bank account without a charge.

Notice before closing · · Source

Account closed or frozen? What Modulr’s terms say

Licence

LicenseeEQWIREModulr
LicenseeEQWIRE UK Limited · electronic money institution authorised by the FCA (FRN 901100)Modulr FS Limited · electronic money institution authorised by the FCA (FRN 900573) · Modulr Finance B.V. · electronic money institution authorised by De Nederlandsche Bank (R182870)
RegulatorFCA · FCA / DNB ·