🪙 EMI for crypto business

Lawyer, Family Office

Concept

Most EMIs and banks refuse to open accounts for companies with cryptocurrency in their business model — even for limited intra-group settlements or OTC exchange. The market has a narrow group of specialized EMIs and cryptobanking providers that work with crypto as a permissible asset: accept deposits in USDT, USDC and BTC, convert to fiat via SWIFT, issue cards for expense operations.

These solutions are needed primarily by traders, DeFi projects, OTC exchange operators and projects with tokenized assets. Universal rule: the more transparent the source of cryptocurrency (exchange vs. wallet vs. mining), the wider the choice.

• Crypto origin— main approval factor. USDT from Binance or Coinbase passes without questions. USDT from DEX wallet or mixer — almost 100% rejection.
• Travel Rule compliance— all EMIs below comply with FATF Travel Rule since July 2024. Each incoming crypto transaction has sender identification.
• Corporate wrapper mandatory.Personal wallets without legal entity — not their format.
• Minimum monthly turnover— typically from $50,000 equivalent.

Our service fee for all platforms below —€3,000.

BVNK

Jurisdiction:United Kingdom (FCA), South Africa (FSCA), Malta (MFSA).

Currencies and crypto:USDT (TRC-20, ERC-20), USDC, BTC, ETH ↔ USD, EUR, GBP via SWIFT.

Cards:corporate Mastercard with funding from stable-coin balances.

Features:focused on merchant payments via crypto. Can accept client payments in USDT/BTC, automatically convert to fiat, hold treasury in both forms. Market leader in crypto-acquiring for legitimate business.

When suitable:SaaS / e-commerce with crypto acceptance from clients, treasury-management for companies with crypto revenue, corporate cards for expenses from crypto balance.

Timeline:10–14 business days.

FV Bank

Jurisdiction:Puerto Rico (US-compliant IFE).

Currencies and crypto:USDT (TRC-20), USDC, BTC ↔ USD via SWIFT.

Cards:Visa debit with stablecoin funding.

Features:US-regulated bank with IFE (International Financial Entity) license. Custodial function (what EMIs don't do): holds crypto in separate account with inheritance transfer option, has audit reporting under US GAAP. USDT → USD conversion takes minutes.

When suitable:HNWI crypto portfolio holders, projects with US investors, OTC operators with regular conversions.

Timeline:10–15 business days.

RD Wallet

Jurisdiction:EU (Lithuania, EMI license).

Currencies and crypto:USDT, USDC ↔ EUR, USD, GBP.

Cards:Visa debit with direct USDT funding option. Retail-friendly interface.

Features:tailored for retail and SMB. Fast opening, KYC simpler than most competitors. Card issuance with auto-funding from stablecoin — convenient for expenses: top up wallet with USDT, card automatically withdraws in EUR.

When suitable:small and medium business with crypto revenue, freelancers, retail crypto portfolio holders, small-volume OTC operators.

Timeline:7–14 business days.

Collect & Pay

Jurisdiction:EU (Estonia, EMI).

Currencies and crypto:USDT, USDC, BTC ↔ EUR, USD.

Cards:corporate Visa.

Features:specializes in large OTC transactions and agent-based payments. Accepts incoming tranches from $50,000, has specialized compliance flow for large amounts. Not suitable for retail or small transactions.

When suitable:OTC-desks, agency settlements for large contracts, treasury operations.

Timeline:14–21 business days (due to enhanced compliance for large amounts).

intergiro

Jurisdiction:EU (Sweden, EMI).

Currencies and crypto:USDT, USDC ↔ EUR, USD, GBP.

Cards:Visa.

Features:scandinavian EMI focused on embeddable banking — API-first, for tech companies that need to integrate crypto-payments into their product. Good choice for proto-fintech, building on top of their infrastructure.

When suitable:SaaS companies with proprietary billing and crypto acceptance, embedded finance projects, tech startups with venture funding.

Timeline:10–14 business days.

Equals Money (for crypto)

Jurisdiction:United Kingdom (FCA Authorized EMI).

Currencies and crypto:works with crypto via partner-providers — no native crypto processing, but allows receiving and sending stablecoins through verified third-party gateway.

When suitable:companies where crypto is not the main payment-flow, but occasionally required. If 90%+ operations in crypto — choose BVNK or FV Bank.

Timeline:7–10 business days.

Permitted operations

• Deposits in USDT (TRC-20, ERC-20), USDC, BTC, ETH
• Conversion crypto ↔ fiat via SWIFT (USD, EUR, GBP, etc.)
• Corporate Mastercard/Visa cards with funding from stablecoins
• Crypto payments to contractors with Travel Rule compliance
• Treasury hold in stablecoins with interest (via partner-providers)

Prohibited operations

• Deposits in memecoins and tokens without listing in top-100 CoinGecko
• Deposits from unknown source (anonymous wallets, mixers, OFAC-listed addresses)
• Deposits from sanctioned jurisdictions (DPRK, Iran, Syria, certain regions of Russia)
• Merchant gateway for gambling, adult, weapons
• Operating settlements for DeFi-protocols without UBO-disclosure

Documents for KYC

Standard corporate package + crypto-specific:

• Description of cryptocurrency origin — exchange source, acquisition method (trading / mining / OTC purchase)
• Wallet past activity — addresses snapshot, on-chain analytics
• Description of expected monthly turnover separately for fiat and crypto
• Travel Rule policy document (we provide template)

Related services

• 💼 EMI for international entrepreneur— for non-crypto business
• 💱 OTC currency exchange without account— for one-off conversions
• 🇭🇰 Hong Kong company— best wrapper for crypto activity