UK and EU Banks Offering Accounts to Crypto Companies
In a previous blog, we provided a list of Swiss banks offering accounts to crypto companies. Below, we have compiled a similar list of banks, this time based in the UK and EU, that offer crypto-asset banking services and that are known to provide accounts for crypto companies.
European Banks Offering Accounts to Crypto Companies
Bank Frick
Founded in 1998 and based in Liechtenstein, Bank Frick offers financial intermediaries like crypto brokers and exchanges crypto bank accounts. In fact, potential Bank Frick clients have access to fiat custody, support for KYC/AML processes, current and custody accounts, cold storage for digital assets and trading interfaces.
Solaris Bank - Germany
The German bank has positioned itself as Europe’s leading embedded finance platform, offering its services in 30 EEA countries. With a Solaris account, crypto firms can open fiat accounts, including automated trust and escrow solutions.
Additionally, it provides modular features such as APIs for KYC, wallets, and integration support for crypto exchanges, making it a viable banking partner for fintechs and crypto companies.
Januar
Headquartered in Denmark, Januar’s niche is smaller exchanges and startups. As a licensed payment institute, it has more flexibility than a bank and can, therefore, offer its clients more personalised services. While it does not explicitly offer crypto bank accounts, it provides IBAN accounts and instant fiat settlement for crypto businesses.
Additionally, it is aligned with MiCA, making it a popular choice for EEA entities.
UK Banks Offering Accounts to Crypto Companies
BCB Group
The BCB Group is a regulated platform* for institutional crypto and fiat finance. It is trusted by some of the biggest exchanges, such as crypto.com and Bitstamp.
Its services include EUR e-money wallets with virtual IBANs, SEPA connectivity, crypto wallets, trading, and custody solutions.
*BCB is regulated by the UK’s Financial Conduct Authority (FCA).
Clear Junction
While Clear Junction is based in the UK, it offers its services to many global regulated financial service providers in over 100 jurisdictions.
To clarify, Clear Junction does not provide traditional banking accounts to crypto businesses. However, it offers specialised services, such as collection accounts and escrow services for regulated companies, to facilitate payments and settlements.
Why Use a Crypto-Friendly Bank
While self-hosted wallets remain one of the most secure ways to store digital assets, converting crypto to fiat or conducting regular transactions often requires the support of a trusted crypto-friendly bank. Such banks streamline processes like buying, selling, or trading cryptocurrencies, making them more accessible and reliable.
Because cryptocurrencies still exist in a regulatory grey area in many jurisdictions, a crypto-friendly bank is more likely to understand and adhere to financial compliance requirements. This reduces the risk of frozen accounts or unnecessary investigations. Just as with any asset, digital or physical, having a banking partner that understands the investment adds an important layer of security.
Many crypto-friendly banks also provide tailored financial products, such as crypto-backed loans, allowing businesses to access liquidity without having to sell their holdings. For entrepreneurs in the digital asset space, these institutions can be invaluable, offering services such as receiving cryptocurrency payments, managing business finances, and ensuring smooth day-to-day operations.
