Providers · Business & Personal accounts
Xapo Bank
2 plans in our database · licensed as BANK, VASP, Money Lender · pricing in USD
Data last verified: 21 August 2026
If you open an account through these links we may earn a commission. It costs you nothing extra, and it never changes the ranking. How we make money
Plans & fees
| Plan | Type | Monthly fee | Setup | FX fee | SWIFT out |
|---|---|---|---|---|---|
| Membership | personal | $83.33/mo | - | n/a | 0.2% |
| Institutional Account | business | Bespoke | - | n/a | n/a |
* Some FX rates are “from” or “up to”. ⚠ “from” = starting price (variable pricing) - the final fee depends on your profile. “Bespoke” = custom pricing on request. Compare across providers on the fee tables.
What you get
Getting in, and what you get
Pays interest on balances - the provider doesn't publish the rate.
Offers a revolving line.
Regulation
Regulated or registered in Gibraltar.
Regulators: Gibraltar Financial Services Commission
In the fine print
Conditions from Xapo Bank's own terms, pricing pages and acceptable-use policy that don't fit in a table. Read in full and checked by hand.
Pricing
- The $1,000 USD annual membership fee is billed once a year, not monthly; if you cancel within 30 days it is refunded in full.
- An instant SEPA option is available for EUR 0.20 (versus EUR 0.15 for standard SEPA), clearing within seconds to a few minutes, 24/7.
Limits
- living in GB, AUBitcoin-backed loans and lending are not available to members resident in the United Kingdom or Australia.
- Card and transaction limits can be raised up to $750,000 on a case-by-case basis by contacting Xapo's support team.
Payments & transfers
- Institutional accounts can only send and receive funds to and from accounts held in the exact same legal entity name: third-party payments such as paying suppliers or running payroll are not supported.
- Euros received or sent are automatically converted to US Dollars: Xapo does not let you hold a EUR balance.
- British Pounds received via Faster Payments are automatically converted to US Dollars: Xapo does not let you hold a GBP balance.
- Faster Payments transfers clear within seconds to a few minutes, 24/7.
Crypto
- Ethereum (ETH) and Cardano (ADA) can be traded but not deposited or withdrawn; only Bitcoin supports deposits and withdrawals.
- living in GBETH and ADA trading may not be available to members in the United Kingdom.
- USDC and USDT deposits are automatically converted into US Dollars; these stablecoins cannot be held as a balance.
Opening an account
- The Institutional Account is designed for family offices, foundations, LLCs, trusts, Bitcoin miners, proprietary trading firms, prime brokers, hedge funds, exchanges, and digital asset treasuries, not for sole traders or small contracting businesses.
- Onboarding documentation includes registration/incorporation documents, identification for key personnel, proof of business address, and Source of Funds/Source of Wealth documentation.
Countries & residency
- living in GBThe referral programme is not available to UK residents.
Licence & regulation
- Fiat banking is provided by Xapo Bank Limited; cryptocurrency custody and trading are provided by a separate regulated entity, Xapo VASP Limited; loans are provided by Xapo Credit Limited.
Will Xapo Bank actually accept you?
Acceptance depends on where your company is registered, where its owners live, where your money flows - and your sector. The wizard checks Xapo Bank's published rules on all of them, and shows you the alternatives too.
Check in 2 minutes →