ANNA Money
ANNA
A UK business neobank with interbank FX (0%), MTD and VAT filing included, UK-based 24/7 support and a pay-as-you-go model with no fixed cost. It supports local, SEPA, SWIFT and CHAPS payments to third parties. Its main limitation is the lack of FSCS protection on the e-money account and coverage restricted to the UK only.
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | dedicato · GB |
| Multi-currency | Yes · 4 currencies |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | No |
| SEPA direct debit (SDD) | No |
| On-chain crypto withdrawal | No |
| SEPA transfer | €5 |
| Interest on balance | 3.66% |
| ATM withdrawal | not declared |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | UK · 1+ countries |
| Regulator | FCA |
| OAM Italy registration | No |
| Segment | B2B |
| MiCA / License status | EMI FCA EMI (UK) |
Plans & pricing
Anna Pay-as-you-go
- Price
- Free
- Issuance fee
- Free
- FX markup
- 1%
- Cashback currency
- Nessuno
- Required staking
- Nessuno
- ATM fee
- 0%
- ATM limit
- Unlimited free ATM withdrawals
- Net annual cost
- Free
- UK e-money account
- No monthly fee
- Pay per transaction
Anna Business
- Price
- €27
- Issuance fee
- Free
- FX markup
- 1%
- Cashback currency
- Nessuno
- Required staking
- Nessuno
- ATM fee
- 1%
- ATM limit
- 3 free ATM withdrawals per month, then 1% commission, min £1
- More transactions
- Receipt capture
- VAT
Anna Big Business
- Price
- €70
- Issuance fee
- Free
- FX markup
- 0.5%
- Cashback currency
- Nessuno
- Required staking
- Nessuno
- ATM fee
- 0%
- ATM limit
- Unlimited free ATM withdrawals
- Higher limits
- Tax filing
Strengths
- FX 0% interbank; MTD+VAT filing included; UK-based 24/7 support; PAYG no fixed cost.
- No notable sovereignty advantage documented.
Weaknesses
- No FSCS on the e-money account; UK only.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (FCA EMI (UK)): reporting to authorities and freezes on order.
Verdict
The high rating rests on concrete strengths: interbank FX (0%), MTD and VAT filing included, UK 24/7 support and a PAYG model with no fixed cost that cuts waste. Weighing against it are the absence of FSCS protection on the e-money account and UK-only coverage: excellent for those inside that perimeter, but deposit protection isn't a bank's.
It stays marginal through this lens: however efficient, it's a custodial EMI with full KYC and no autonomy levers for the user. No self-custody, no real privacy, full FCA oversight: zero FX is a cost advantage, not a sovereignty one.
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 ANNA Money a real bank?
ANNA Money is not a bank: the e-money is issued by PayrNet Limited (EMI, FCA FRN 900594) and ANNA acts as program manager. Funds are safeguarded, not FSCS-protected (the Savings account via Griffin Bank is FSCS-protected instead).
Can I send transfers to third-party accounts with ANNA Money?
Yes, ANNA supports transfers to third-party accounts: local, SEPA, SWIFT and CHAPS depending on the plan.
Does ANNA Money support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does ANNA Money support?
ANNA supports 4 fiat currencies (GBP, USD, EUR, CHF). Multi-currency accounts: supported.
Can I withdraw crypto on-chain from ANNA Money?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework · Founders · Trust & safety · +12 Data verified on Jul 16, 2026
- app.dealroom.co Investors · Founders Data verified on Jun 15, 2026
- crunchbase.com Valuation Data verified on Jun 15, 2026
- fintech.global Savings interest Data verified on Jun 15, 2026
Show 2 more sources
- pitchbook.com Stock ticker · Stock listing · IPO date Data verified on Jun 15, 2026
- thesaasnews.com Issuer Data verified on Jun 14, 2026