ISX Financial EU
ISX Financial EU Plc is a pan-European electronic money institution offering digital payments, Open Banking, and transactional banking services. It is listed on the NSX and operates the flykk® debit card.
Account Types
Business Plans
| Feature | EU Business Account | Multi-Currency Business Account | UK Business Account |
|---|---|---|---|
| Monthly Fee | Free | Free | Free |
| Annual Fee | - | - | - |
| Minimum Balance | - | - | - |
| Fee Currency | GBP | GBP | GBP |
| Free ATM Withdrawals | - | - | - |
| Card Type | Standard Physical | Standard Physical | Standard Physical |
| Billing Model | Custom | Custom | Custom |
| Free Tier | Available Monthly fee listed as GBP 0; account opening fee is custom pricing. Available exclusively to EU and EEA-incorporated businesses. Onboarding 2-3 business days. | Available Monthly fee listed as GBP 0; account opening fee is custom pricing. Designed for global businesses and fintechs. Onboarding 2-3 business days. | Available Monthly fee listed as GBP 0; account opening fee is custom pricing. Suitable for UK-incorporated businesses or non-UK firms requiring UK banking presence. Onboarding 2-3 business days. |
| Description | Regulated e-money account for EU/EEA companies with dedicated EU IBAN (ISEMCY22), SEPA and SEPA Instant access, managed via ISXMoney® dashboard. | Single account supporting 23+ currencies (EUR, USD, GBP, CAD, AUD, JPY etc.) with SWIFT, SEPA, FPS payments, FX tools, card connectivity and open banking/API access. | FCA-regulated UK e-money account with Sort Code and UK Account Number (ISFIGB22), access to Pay.UK, Faster Payments and BACS, managed via ISXMoney®. |
Visit the provider website for detailed plan comparisons and features
Business Features
ISX Financial EU is a Cyprus-based EEA-authorised EMI, also regulated in the UK by the FCA. Corporate accounts are offered via the ISXMoney® online banking platform. API: The multi-currency business account package explicitly mentions 'API access' alongside open-banking integration, and unfetched URLs include api.isx.financial and probanx.atlassian.net/wiki/spaces/API, confirming API availability. No monthly API fee mentioned. Bulk payments: The multi-currency account includes 'batch-payment tools' and the URL /masspayouts signals mass payout capability; bulk_payment_max_count not specified. Expense management: The platform mentions 'real-time expense management' and 'real-time financial insights' via ISXMoney®. Receipt scanning: Not mentioned anywhere. Accounting integrations: None mentioned in any source. Corporate cards: Business Debit Cards (Diners®) with global Pulse® ATM access are explicitly offered; card network is Diners®/Pulse® (not Visa/Mastercard). Max cards not specified. Payment gateway: ISXPay® is a full card acquiring/payment gateway supporting Mastercard, UnionPay, Discover®, 100+ currencies, 3D Secure, PCI DSS, PSD2, intelligent routing, and fraud detection. Scheduled/automated payments: 'Automated payment of bills and accounts via account direct debit or cards' and 'Automated Payments' feature explicitly mentioned, indicating scheduled/recurring payment support. Approval workflows: Not mentioned. Multi-user access: Not mentioned in any source. Invoicing: Not mentioned. No specific limits on team members or cards stated.
Fees & Limits
No detailed pricing information available
Cards
Security & Compliance
Regulation
- Financial Conduct Authority (FCA)License: Not disclosed. Licensed in European Union. Safeguarding: segregated_accounts.
- Compliance CertificationsPCI DSS
App Security
- Two-Factor AuthenticationStrong Customer Authentication (SCA), 3D Secure 2.0
ISX Financial EU employs industry-leading data encryption and advanced fraud prevention. Security features include malware detection technology, IP and geolocation fencing, 3D Secure 2.0, Strong Customer Authentication (SCA) via a patented solution, customisable risk rules, and Payment Instrument Verification (PIV). The FRAML engine provides proactive fraud and AML detection. PSD2 compliant with SCA support for EEA online payments, requiring two independent authentication elements. MPI (Merchant Plug-in) supports 3DS for Mastercard, JCB, AMEX, and Diners Club with Dynamic Routing fallback. Certified to PCI DSS Level 1 for secure card data processing. Card tokenisation is used to securely store customer card details in a vault, reducing merchant PCI compliance burden. GDPR compliance applicable given EU/EEA operations.
Support & Platforms
Available Platforms
Eligibility
Residents Can Open Account (31)
Supported Currencies
Local Account Details6 accounts
Dedicated EU IBAN issued in the business's name (BIC: ISEMCY22). Account is regulated by the Central Bank of Cyprus. Available exclusively to EU and EEA-incorporated businesses. Managed via ISXMoney® online dashboard. Supports SEPA Direct Debit (SDD). Monthly fee: custom pricing. Onboarding: 2-3 business days.
Dedicated Sort Code and UK Account Number issued in the business's name (BIC: ISFIGB22). Regulated by the FCA under Electronic Money Regulations 2011, Firm Reference 901034. Access to Pay.UK clearing house, Faster Payments (FPS) and BACS. Available to UK-incorporated businesses and non-UK firms requiring a UK banking presence. Monthly fee: custom pricing. Onboarding: 2-3 business days.
USD available as part of ISX Financial's multi-currency account supporting 23+ currencies. Payments routed via SWIFT for international transfers. Specific US local routing details not explicitly stated; account held within the multi-currency platform. Monthly fee: custom pricing. Onboarding: 2-3 business days.
CAD available as part of ISX Financial's multi-currency account supporting 23+ currencies. Payments via SWIFT and global rails. Specific CAD local account details not explicitly stated. Monthly fee: custom pricing. Onboarding: 2-3 business days.
AUD available as part of ISX Financial's multi-currency account supporting 23+ currencies. Payments via SWIFT and global rails. Specific AUD local BSB account details not explicitly stated. Monthly fee: custom pricing. Onboarding: 2-3 business days.
JPY (YEN) available as part of ISX Financial's multi-currency account supporting 23+ currencies. Payments via SWIFT and global rails. Specific JPY local account details not explicitly stated. Monthly fee: custom pricing. Onboarding: 2-3 business days.