Starling Business Business Toolkit
A plan byStarling Business
Starling Business is a genuine UK bank regulated by the FCA and PRA, with FSCS protection up to £85K, unlimited free domestic transfers and EUR/USD add-ons. It is, however, UK-only, offers no outbound SWIFT and charges a 0.7% fee on cash deposits.
Business Toolkit
- Price
- €7
- Issuance fee
- Free
- FX markup
- 0.4%
- Cashback
- 0%
- Cashback currency
- Nessuno
- Cashback cap
- Free
- Required staking
- Nessuno
- ATM fee
- 0%
- ATM limit
- £300/day, max 6 withdrawals/day
- Net annual cost
- €84
What's included
- Invoicing
- VAT
- Tax estimation
- Receipt capture
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | dedicato · GB |
| Deposit guarantee | FSCS £85,000 (UK) |
| Multi-currency | Yes · 3 currencies |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | Yes |
| SEPA direct debit (SDD) | Yes |
| On-chain crypto withdrawal | No |
| SEPA transfer | Free |
| Interest on balance | 0% |
| ATM withdrawal | Free |
| Free ATM limit | £300/day, max 6 withdrawals/day |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | UK · 1+ countries |
| Regulator | PRA, FCA |
| OAM Italy registration | No |
| Segment | B2B |
| MiCA / License status | Full Banking License FCA (UK bank) |
Strengths
- true bank UK FCA; FSCS £85K; wire UK illimitati free; EUR/USD add-on.
- No notable sovereignty advantage documented.
Weaknesses
- UK-only; no SWIFT; cash deposit fee 0,7%.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (FCA (UK bank)): reporting to authorities and freezes on order.
Verdict
Starling Business is a genuine UK bank regulated by the FCA and PRA, with FSCS protection up to £85K, unlimited free domestic transfers and EUR/USD add-ons. It is, however, UK-only, offers no outbound SWIFT and charges a 0.7% fee on cash deposits.
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 Starling Business a real bank?
Starling Business operates under a Full Banking License licence (GB). It is regulated by PRA, FCA. Fund protection: FSCS £85k.
Can I send transfers to third-party IBANs with Starling Business?
Yes, Starling Business allows outgoing transfers to third-party IBANs, like a traditional bank account.
Does Starling Business support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does Starling Business support?
The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.
Can I withdraw crypto on-chain from Starling Business?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework · Founders · Trust & safety · +3 Data verified on Jun 15, 2026
- en.wikipedia.org Founders Data verified on Jun 15, 2026
- fca.org.uk Regulatory framework Data verified on Jun 14, 2026
- finder.com Plans & pricing Data verified on Jun 14, 2026
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