Amaiz Business
A plan byAmaiz
An FCA-authorized UK business neobank with UK and SEPA IBANs and ATM withdrawals up to £850 per day, designed mainly for freelancers. Its Trustpilot rating sits at 3.8/5 and the FX markup is 2% (plus 2.20% on foreign-currency card payments). There are three plans: Business with no monthly fee (£49 onboarding), Business+ at £49+VAT/month and Enterprise at £99+VAT/month, and they become expensive as your business scales.
Business
- Price
- Free
- Issuance fee
- €2
- FX markup
- 2%
- Cashback
- 0%
- Cashback currency
- Nessuno
- Required staking
- Nessuno
- ATM fee
- 0%
- ATM limit
- ATM UK gratis, fino a £850/giorno
- Net annual cost
- Free
What's included
- Base plan with no monthly fee
- One-off £49 onboarding
- UK e-money + Mastercard
- Faster Payments £1, SEPA 0.25% (min €5)
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | dedicato · GB |
| Multi-currency | No (single currency) |
| Outbound transfers to third-party IBANs | No |
| Utility direct billing | No |
| SEPA direct debit (SDD) | No |
| On-chain crypto withdrawal | No |
| Interest on balance | 0% |
| ATM withdrawal | Free |
| Free ATM limit | ATM UK gratis, fino a £850/giorno |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | UK, EEA · 2+ countries |
| Regulator | FCA |
| OAM Italy registration | No |
| MiCA / License status | EMI FCA UK |
Strengths
- FCA UK; UK+SEPA IBAN; ATM £850/day; ideal freelancer.
- No notable sovereignty advantage documented.
Weaknesses
- Trustpilot 3,8/5; FX 2% (+2.20% foreign card); plans expensive as you scale.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (FCA UK): reporting to authorities and freezes on order.
Verdict
It earns only a fair score: the FCA UK licence and UK+SEPA IBANs give freelancers an honest baseline of protection, but a Trustpilot stuck at 3.8/5 and above all an FX markup climbing to 2% erode the real value, with plans turning expensive exactly as the business scales. It's a fully custodial, full-KYC account: safe within its perimeter, but nothing pushes the rating past average.
Through this lens it counts for little: a custodial account with full KYC and operations entirely under FCA supervision means zero user autonomy, no real privacy and full traceability. It's the opposite of crypto-native infrastructure, and being well regulated adds nothing here.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is Amaiz a real bank?
Amaiz operates under a EMI licence. Fund protection: Safeguarding — nessuna garanzia depositi.
Can I send transfers to third-party IBANs with Amaiz?
The ability to send transfers to third-party IBANs is not documented; check the official website.
Does Amaiz support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does Amaiz support?
The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.
Can I withdraw crypto on-chain from Amaiz?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework · SEPA fee · SWIFT fee · +7 Data verified on Jul 14, 2026
- find-and-update.company-information.service.gov.uk Legal name Data verified on Jun 14, 2026
- finder.com Integrazione contabile · Variante b2b.integrazioni contabili Data verified on Jun 14, 2026
- fxnewsgroup.com Data verified on Jun 14, 2026
Show 4 more sources
- trustpilot.com Trustpilot reviews · Registered office · Variante b2b.ruoli multi utente Data verified on Jun 14, 2026
- fintechfutures.com Founders Data verified on Jun 13, 2026
- journal.amaiz.com Multi-currency Data verified on Jun 13, 2026
- thebanks.eu Monthly fee Data verified on Jun 13, 2026