Bankoro is a UK-based FCA-regulated corporate banking solutions provider offering multi-currency accounts, international payments, and FX services for businesses.
| Feature | Bankoro Business Account | Bankoro Business Account (CAT 1) | Bankoro VIP Banking | Corporate Business Account | VIP Banking |
|---|---|---|---|---|---|
| Monthly Fee | £100.00 | £100.00 | - | £100.00 | - |
| Annual Fee | - | - | - | - | - |
| Minimum Balance | €2,000,000 | - | - | €2,000,000 | €2,000,000 |
| Setup Fee | £300.00 | £300.00 | - | £300.00 | - |
| Fee Currency | GBP | GBP | GBP | GBP | GBP |
| Free ATM Withdrawals | - | - | - | - | - |
| Card Type | - | - | Standard Physical | - | Standard Physical |
| Billing Model | Custom | Custom | Custom | Custom | Custom |
| Free Tier | No | No | No | No | No |
| Description | Corporate multi-currency account with British IBAN. Custom pricing per client and jurisdiction. Requires min £2M annual turnover or relationship balance. CAT 1/2/3 jurisdiction tiers apply. | Corporate multi-currency account for businesses in CAT 1 jurisdictions (EEA + UK). Individually priced; FX, incoming and outgoing payments charged per transaction. | Exclusive corporate service with personal banker, tailor-made transactions, and multi-currency accounts and cards. Pricing fully bespoke via direct engagement. | FCA-regulated multi-currency business account with British IBAN. Custom pricing per client. CAT 1 rates from £300 setup, £100/mo. Requires £2M+ annual turnover. | Exclusive corporate banking with dedicated personal banker, tailor-made transactions, and multi-currency accounts and cards. Fully bespoke pricing via direct consultation. |
Visit the provider website for detailed plan comparisons and features
Bankoro operates as both a corporate banking provider (bankoro.com, FCA-licensed, UK) and a crypto payment gateway (bankoro.io, Dubai). API: A Trustpilot reviewer explicitly mentions being guided through an 'API hookup in under 2 hours', confirming API availability; no API fee mentioned. Corporate cards: The VIP banking page lists 'Multi-currency accounts and cards' as a feature, confirming card availability; card network (Visa/Mastercard) and maximum count not specified. Invoicing: A Trustpilot reviewer mentions using 'invoice payments and auto conversion to USDT', indicating invoicing capability. Payment gateway: Bankoro (via bankoro.io) explicitly helps businesses accept cryptocurrency payments (BTC, ETH, USDT and others); described as a crypto payment gateway with dashboard, automated AML checks, and merchant-facing tools. Multi-user access, bulk/batch payments, expense management, receipt scanning, accounting integrations (Xero, QuickBooks, etc.), approval workflows, and scheduled payments are not mentioned anywhere in the source content.
| Route | Fee Structure | Min/Max |
|---|---|---|
| Other | £2.00 + 0.00%(N/A) | Min £2.00 Individual/tailored pricing; outgoing payment charges typically from £2 + 0.2% for CAT 1 jurisdictions (effective from June 1, 2025). Actual fees are individually negotiated. |
| Other | £1.00 + 0.00%(N/A) | Min £1.00 Individual/tailored pricing; incoming payment charges typically from £1 + 0.1% for CAT 1 jurisdictions (effective from June 1, 2025). Actual fees are individually negotiated. |
| Fee | Details | Amount |
|---|---|---|
| Account Fees | ||
| Monthly Maintenance Fee | -Monthly | £100.00 |
| Account Closure Fee | -One-time | £300.00 |
| Account Opening Fee | -One-time | £300.00 |
| Transfer Fees | ||
| Inbound Payment Fee | -Per transaction | £1.00 + 0.00% |
| Outbound Payment Fee | -Per transaction | £2.00 + 0.00% |
| Other Fees | ||
| Fx Conversion Fee | -Per transaction | 0.00% |
| Other Fees | ||
| Special Request Fee | -Per transaction | £100.00 |
| Other Fees | ||
| Non Compliance Customer Profile Fee | -Other | £1200.00 |
No security or compliance details are disclosed on the reviewed pages (fees and contacts only). Provider is UK-based, operating from 53 Davies Street, London, W1K 5JH, with a +44 phone number and GBP-denominated pricing, suggesting a UK-regulated payments institution. No regulatory body, license number, encryption standards, GDPR statement, 2FA methods, PCI DSS certification, SOC 2 attestation, or other security controls are mentioned. No card payment (Visa/Mastercard) processing explicitly referenced. Default EMI safeguarding assumptions applied based on jurisdiction and business model inferred from fee structure.
+44 20 8050 0099. Dedicated personal banker assigned to Bankoro VIP Banking account holders; 'Talk to a banker' feature listed as exclusive VIP Banking service.. Dedicated personal banker assigned to VIP Banking account holders; 'Talk to a banker' feature listed as exclusive VIP Banking service.
53 Davies Street, London, W1K 5JH. 53 Davies Street, London, W1K 5JH, UK (Global HQ)
Provider is UK-headquartered (London). Pricing effective June 1st 2025. Account opening fee: typically from £300 for CAT 1 jurisdictions. Monthly fee: typically from £100/month for CAT 1 jurisdictions. Incoming payment charges: typically from £1 and 0.1%. Outgoing payment charges: typically from £2 and 0.2%. Account closure fee: 3x monthly fee. Non-compliance fee: up to 12x monthly fee. Minimum onboarding requirement: annual turnover or relationship balance exceeding £2 million. Specific local account structure (dedicated vs pooled) not explicitly stated on the fees page; defaulting to false per extraction rules.
Provider serves extensive EU CAT 1 jurisdictions including Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, Hungary, Ireland, Italy, Latvia, Lithuania, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden. Pricing effective June 1st 2025. Account opening fee: typically from £300 for CAT 1 jurisdictions. Monthly fee: typically from £100/month for CAT 1 jurisdictions. FX charges: typically from 0.18%. Incoming payment charges: typically from £1 and 0.1%. Outgoing payment charges: typically from £2 and 0.2%. Minimum onboarding requirement: annual turnover or relationship balance exceeding £2 million. EUR account and IBAN structure not explicitly described on the fees page; defaults applied per extraction rules.
Not sure if Bankoro is right for you? Ask our AI about hidden fees, specific features, or comparisons.
Bankoro is a UK-based FCA-regulated corporate banking solutions provider offering multi-currency accounts, international payments, and FX services for businesses.