Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

ANNA Money Anna Pay-as-you-go

A plan byANNA Money

4.4/5 1.7/5 · Data verified on

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. Its main limitations are the lack of FSCS protection, no SWIFT/CHAPS and coverage restricted to the UK only.

Anna Pay-as-you-go

Price
Free
Issuance fee
Free
FX markup
1%
Cashback currency
Nessuno
Cashback cap
Free
Required staking
Nessuno
ATM fee
0%
ATM limit
Unlimited free ATM withdrawals
Net annual cost
Free

What's included

  • UK e-money account
  • No monthly fee
  • Pay per transaction
Free
Account fee
Deposit guarantee
Free
ATM withdrawal
Network
61
Transparency: Medium
61/100 · see methodology
61
Data exposure: Medium
61/100 · lower is better for sovereignty · methodology

Data & conditions

Account fee Free
IBAN dedicato · GB
Multi-currency Yes · 4 currencies
Outbound transfers to third-party IBANs No
Utility direct billing No
SEPA direct debit (SDD) No
On-chain crypto withdrawal No
SEPA transfer €5
Interest on balance 3.66%
ATM withdrawal Free
Free ATM limit Unlimited free ATM withdrawals
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries UK · 1+ countries
Regulator FCA
OAM Italy registration No
Segment B2C
MiCA / License status EMI FCA EMI (UK)

Strengths

  • FX 0% interbank; MTD+VAT filing included; supporto UK-based 24/7; PAYG no cost fisso.
  • No notable sovereignty advantage documented.

Weaknesses

  • No FSCS; no SWIFT/CHAPS; only UK.
  • 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

A D ★ 4.4/5 ★ 1.7/5

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. Its main limitations are the lack of FSCS protection, no SWIFT/CHAPS and coverage restricted to the UK only.

Privacy & anonymity 30% 1.3
Fund control 20% 0.8
Censorship resistance 20% 1.5
Costs 10% 5.0

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 operates under a EMI licence. Fund protection: Safeguarding — nessuna garanzia depositi.

Can I send transfers to third-party IBANs with ANNA Money?

The ability to send transfers to third-party IBANs is not documented; check the official website.

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?

The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.

Can I withdraw crypto on-chain from ANNA Money?

On-chain crypto withdrawal is not documented; check the official website.

Sources

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Update history

✓ Terms unchanged since Jun 1, 2026

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