Sygnum Bank vs Xapo Bank: what each publishes
As of October 17, 2026, Sygnum Bank takes these industries by its own published rules: Crypto, with conditions. Xapo Bank: Crypto, 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
Sygnum Bank
- United Kingdom
- EU / EEA (western & northern, plus Spain, Italy, Portugal)
- EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
- Switzerland / Liechtenstein
- Developed Asia-Pacific
- United Arab Emirates
- Other
The regions its own documents name, read on October 9, 2026
Xapo Bank
- United Kingdom
- EU / EEA (western & northern, plus Spain, Italy, Portugal)
- EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
- Switzerland / Liechtenstein
- Developed Asia-Pacific
- United Arab Emirates
- Latin America
- Middle East & North Africa
- Africa
- CIS / Central Asia / Caucasus
- Other
The regions its own documents name, read on October 9, 2026
Policy by industry
| Industry | Sygnum Bank | Xapo Bank |
|---|---|---|
| Crypto | With conditions | With conditions |
| iGaming | No published rule | Depends on the activity |
| Adult | No published rule | No |
| Marketplace | No published rule | No |
| Unlicensed financial services | No published rule | No published rule |
| AI and SaaS | No published rule | No published rule |
| Forex and CFD | No published rule | No published rule |
Where owners must live
Sygnum Bank
No published rule
Xapo Bank
No published rule
Rules about countries
Sygnum Bank
We do not onboard retail clients and individuals or entities from the US or from any sanctioned countries.
United States
Xapo Bank
Xapo Bank is unable to onboard institutions that are registered, operating or controlled by persons located in countries that Xapo Bank deems to be high-risk
You may register a user account, access and use our Services as an individual or on behalf of a corporation, partnership, limited liability company, or business entity of any kind established under the laws of Gibraltar or a foreign jurisdiction other than the United States of America (collectively, “Entity”).
Fees
Sygnum Bank
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Corporate clients | CHF 2,000 one-off screening fee, paid before onboarding and kept whether or not the company is onboarded | No monthly fee published; minimum annual fee of CHF 15,000, the shortfall charged once a year when total fees fall below it; prices exclude Swiss VAT | · Source |
Xapo Bank
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Institutional | Not stated | Annual Platform Fee set per client, also payable monthly ('An Annual Platform Fee (also payable monthly) will apply based on your specific requirements'); no minimum balance ('There is no minimum balance required for these accounts or wallets') | · Source |
Closing an account
Sygnum Bank
The Client and/or Sygnum may terminate the contractual relationship in writing without any notice period at any time whereas special agreements or terms and conditions shall prevail.
Xapo Bank
18.5 Xapo Bank is entitled to close your Xapo Account and terminate our Agreement by providing you with two months’ written notice.
Licence
| Licensee | Sygnum Bank | Xapo Bank |
|---|---|---|
| Licensee | Sygnum Bank AG · Swiss bank licensed by FINMA · Sygnum Pte. Ltd. (Singapore) | Xapo Bank Ltd · credit institution regulated by the Gibraltar Financial Services Commission (Financial Services Act 2019) · some services passported to the UK |
| Regulator | FINMA · | Gibraltar Financial Services Commission · |