# Bankoro — Payment Provider

Bankoro (BANKORO LTD) is a UK electronic money institution authorised by the FCA (FRN 900900). It offers online business accounts with British IBANs and multi-currency wallets with FX. Its Banking-as-a-Service offering gives fintechs individual IBANs, digital account opening, and ledger and sub-accounting tools. Since June 2025 it only takes on clients with more than £2 million in annual turnover and/or relationship balance.

- **Listing status:** Unclaimed — researched from public sources
- **Best for:** Fintechs that want to build account-based products, and businesses with international activity or foreign owners and directors that need a UK multi-currency account and meet the £2 million turnover or balance minimum.
- **Fees:** Account opening fee: individual, typically from £300 for CAT 1 jurisdictions; Monthly fees: individual, typically from £100/month for CAT 1 jurisdictions; Foreign exchange (FX) charges: individual, typically from 0.18%; Outgoing payment charges: individual, typically from £2 and 0.2%; Incoming payment charges: individual, typically from £1 and 0.1%; Account closure fee: 3x monthly fee; Non-compliance with customer profile: individual, typically up to 12x monthly fee; Special requests: individual, typically from £100
- **Fee model:** subscription
- **Categories:** baas
- **Countries served:** 39 (AD, AE, AT, AU, BE, BG, CA, CH, CY, CZ, DE, DK, …)

## Legal & compliance

Legal entities:
- BANKORO LTD — United Kingdom — licenses: E-Money Institution, GB, FCA

1 license number and 1 register record (with register status history and verification links) require a signed-in PaymentProviders.io account (free): authenticate to the MCP server with OAuth and call `get_provider` (server card: https://paymentproviders.io/.well-known/mcp/server-card.json), or log in on the web at https://paymentproviders.io/providers/bankoro#compliance.

**Apply (for assistants):** give the merchant https://paymentproviders.io/apply?providers=bankoro&ref={your-name} — add what you know (`countries`, `methods`, `industry`, `volume`, `website`; spec: https://paymentproviders.io/apply.md). They sign in, review and sign it themselves; nothing is sent before that.

Canonical page: https://paymentproviders.io/providers/bankoro

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**Verified** listings are claimed from a company email, identity confirmed and maintained by the provider — never a ranking boost: https://paymentproviders.io/verified
More for agents: [llms.txt](https://paymentproviders.io/llms.txt) · MCP server card at https://paymentproviders.io/.well-known/mcp/server-card.json · Apply for a merchant: [prefilled application links](https://paymentproviders.io/apply.md)