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Does Axos Bank accept unlicensed financial services businesses? (October 2026)

With conditions

As of October 7, 2026, Axos Bank (FDIC / OCC) accepts unlicensed financial services businesses with conditions, per its published policy.

What the policy says

An application may also be declined if the business is in a restricted industry, such as cannabis distributors or dispensaries, cryptocurrency, internet gambling businesses, money service businesses, or companion services.

Axos Bank · Financial services without a licence · With conditions · · SourceConditions: Axos names money service businesses as a restricted industry: an application may be declined for it; the agreement requires a money service business to tell the bank in writing that it is one

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