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Xace

Xace: industries it takes by its own published rules: AI and SaaS; iGaming, with conditions. Last verified October 26, 2026.

Licensee
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 / DNB / MFSA ·

Where it takes companies from

  • 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

Products it publishes

International payments and FXSays it offers this

Full suite of FX services, all from within your Xace portal. Convert and remit in 20+ currencies to 200+ countries.

Xace · International payments and FX · Offers it · · Source
Company cardsSays it offers this

Xace Virtual Debit Cards, powered by Modulr FS Ltd. Perfect for online purchases, both one off or ongoing, employee cost tracking and speedy issuance.

Xace · Company cards · Offers it · · SourceConditions: virtual cards only; the features page offers them to UK-based companies
Accepting card paymentsSays it offers this

Accept card payments (Visa and Mastercard) on your online gaming site, quickly and easily with Xace Payment Processor partners.

Xace · Accepting card payments · Offers it · · SourceConditions: through Xace's partner card processors and gateways (the Xace Payment Network), depending on the licence

Every provider that says it offers this

Bulk payoutsSays it offers this

Batch upload payments save time. Can be used to streamline supplier payments, or facilitate player payouts.

Xace · Bulk payouts · Offers it · · Source

Every provider that says it offers this

Does not say it offers: Virtual accounts for your customers, Crypto on- and off-ramp, Safeguarding account, Client money account, Escrow

As its own pages say it, each quote with the date we read it. A product it does not mention is never shown as one it does not offer.

Currencies it holds

Holds EURa balance; account details of its own in this currency

2.1 XACE provides Payment Accounts and IBAN Accounts for the purpose of making and receiving payments in pounds sterling (GBP) and Euros (EUR).

Xace · EUR · · SourceThis quote speaks to: account details

We provide Business Accounts in 20+ currencies, including, EUR, GBP. USD, CAD.

Xace · EUR · · SourceThis quote speaks to: a balance
Holds GBPa balance; account details of its own in this currency

2.1 XACE provides Payment Accounts and IBAN Accounts for the purpose of making and receiving payments in pounds sterling (GBP) and Euros (EUR).

Xace · GBP · · SourceThis quote speaks to: account details

We provide Business Accounts in 20+ currencies, including, EUR, GBP. USD, CAD.

Xace · GBP · · SourceThis quote speaks to: a balance
Holds USDa balance; account details of its own in this currency

We provide Business Accounts in 20+ currencies, including, EUR, GBP. USD, CAD.

Xace · USD · · SourceThis quote speaks to: a balance

Our Premium affiliate accounts comes with over 25 currencies including dedicated IBANs for EUR, GBP and USD.

Xace · USD · · SourceThis quote speaks to: account details
Holds CADa balance

We provide Business Accounts in 20+ currencies, including, EUR, GBP. USD, CAD.

Xace · CAD · · SourceThis quote speaks to: a balance

Does not say it holds: SGD, HKD, AUD

Only currencies its own pages name, each quote with the date we read it. A currency it does not mention is never shown as one it does not hold.

Policy by industry

Xace: published policy by industry
IndustryStatusChecked
AI and SaaSYes
iGamingWith conditions

No published rule (read in full on October 21, 2026): Crypto, Adult, Unlicensed financial services, Forex and CFD, Marketplace

Has this rule changed? Tell us

Alternatives to Xace

Fees

Xace: published fees
PlanAccount openingMonthlyChecked
Gaming Payment AccountPrice on application ('£POA joining fee')GBP 250 a month per account · Source
Business Payment AccountPrice on application ('£POA joining fee')GBP 250 a month per account · Source

Fees of every provider

Closing an account

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.

Notice before closing · · Source

If Your complaint relates to a Payment Account and You are eligible, You may be able to take unresolved complaints to the Financial Ombudsman Service ("FOS").

Complaints and where to go next · · Source

Account closed or frozen? What Xace’s terms say

What we read

Acceptable use and prohibited activities
Searched, none published · xace.io/en-gb/terms · xace.io/en-gb/policy · xace.io/en-gb/faq
Countries it refuses
Searched, none published · xace.io/en-gb/terms · xace.io/en-gb/faq
Rules on owners and directors
Searched, none published · xace.io/en-gb/terms · xace.io/en-gb/business · xace.io/en-gb/faq
Terms on closing accounts
Read · xace.io/en-gb/terms
Complaints
Read · xace.io/en-gb/terms