Babb
Babb offers cryptocurrency services, allowing users to purchase, store, and transfer cryptocurrencies. They provide campaign services for fundraising through the Babb App, facilitating peer-to-peer money transfers, and enabling conversions to other cryptocurrencies and fiat currencies. The app also serves as a mobile banking platform, providing prepaid cards and account management features.
Account Types
Personal Plans
| Feature | CurrencyX | Money Account | Crypto Account |
|---|---|---|---|
| Monthly Fee | Free | Free | - |
| Annual Fee | Free | Free | - |
| Minimum Balance | None | None | - |
| Fee Currency | - | - | - |
| Free ATM Withdrawals | - | - | - |
| Billing Model | - | - | - |
| Free Tier | Available | Available | No |
Visit the provider website for detailed plan comparisons and features
Business Features
CurrencyX
CurrencyX
Money Account
Money Account
Crypto Account
Crypto Account
Fees & Limits
| Route | Fee Structure | Min/Max |
|---|---|---|
| Local (EUR) | €0.99 | No limit CurrencyX cash out into fiat – 0.99% on BABB CurrencyX to fiat withdrawals by bank account transfer. |
| Local (EUR) | Free | No limit UK local deposits in GBP into a Babb e-money account are not chargeable. |
| SEPA (EUR) | 0.01% | No limit Non-UK deposits or UK deposits in non-GBP currency into a Babb e-money account – FX conversion fees apply, up to 1.49% exchange rate markup depending on market conditions. |
| Fee | Details | Amount |
|---|---|---|
| Account Fees | ||
| Non-UK Or Non-GBP Deposit Fee | All non-UK deposits, or UK deposits in non-GBP currency into a Babb e-money account are chargeable with FX conversion fees applying. | Free |
| Other Fees | ||
| CurrencyX To Fiat Withdrawal Fee | 0.99% on BABB CurrencyX to fiat withdrawals in the form of a bank account transfer. Additional conversion fees apply if withdrawal currency and the external bank account currency differ. | 0.01% |
| Crypto Transfer External Network Wallet Fee | Gas/network fees apply for peer-to-peer crypto transfer from a Babb wallet to an external network wallet. | Free |
Cards
No card information available
Security & Compliance
Regulation
- Financial Conduct AuthorityLicense: RRN 849446. Licensed in GB. Funds protected up to 85,000 EUR.
App Security
Support & Platforms
Customer Support
- EmailBusiness hours
Available Platforms
Additional Features
SEPA Transfers
Allows users to make payments out to external bank accounts via SEPA Transfers.
Faster Payments
Enables immediate payments through the Faster Payments service.
SWIFT Payments
Option to make international payments via SWIFT, if selected as a Modulr product.
Virtual and Physical Cards
Users can request virtual or physical cards to fund card transactions.
SEPA Transfers
Allows users to make payments out to external bank accounts via SEPA Transfers.
Faster Payments
Enables immediate payments through the Faster Payments service.
SWIFT Payments
Option to make international payments via SWIFT, if selected as a Modulr product.
Virtual and Physical Cards
Users can request virtual or physical cards to fund card transactions.
SEPA Transfers
Allows users to make payments out to external bank accounts via SEPA Transfers.
Faster Payments
Enables immediate payments through the Faster Payments service.
SWIFT Payments
Option to make international payments via SWIFT, if selected as a Modulr product.
Virtual and Physical Cards
Users can request virtual or physical cards to fund card transactions.
SEPA Transfers
Allows users to make payments out to external bank accounts via SEPA Transfers.
Faster Payments
Enables immediate payments through the Faster Payments service.
SWIFT Payments
Option to make international payments via SWIFT, if selected as a Modulr product.
Virtual and Physical Cards
Users can request virtual or physical cards to fund card transactions.
SEPA Transfers
Allows users to make payments out to external bank accounts via SEPA Transfers.
Faster Payments
Enables immediate payments through the Faster Payments service.
SWIFT Payments
Option to make international payments via SWIFT, if selected as a Modulr product.
Virtual and Physical Cards
Users can request virtual or physical cards to fund card transactions.
SEPA Transfers
Allows users to make payments out to external bank accounts via SEPA Transfers.
Faster Payments
Enables immediate payments through the Faster Payments service.
SWIFT Payments
Option to make international payments via SWIFT, if selected as a Modulr product.
Virtual and Physical Cards
Users can request virtual or physical cards to fund card transactions.
Eligibility
Residents Can Open Account (53)
Send Money To (1)
Supported Currencies2 currencies
Local Account Details6 accounts
Money Account is held as an e-money account with Babb Remit LTD, accounts are pooled, UK local deposits in GBP are not chargeable, no protection under FSCS.
Same details as Money Account standard UK-based e-money account.
CurrencyX account details are managed under Babb Platform Ltd with peer-to-peer transfers; withdrawal to external accounts may apply gas/network fees or a 0.99% charge depending on currency conversion.
Crypto accounts allow transfers to external wallets; fees apply for peer-to-peer crypto transfers and currency conversion.
Same as CurrencyX Account with permissioned peer-to-peer transfer and conversion fees.
Same as Crypto Account with external wallet transfer capability and applicable withdrawal fees.