Local IBANs

UK IBAN providers (local GB IBANs)

17 verified providers with documented local GB IBAN issuance (6 European-origin), ranked European-origin first. Local IBANs are the practical answer to IBAN discrimination.

How to read this list: the licence badge tells you what happens to your funds - a Bank holds deposits (deposit-guaranteed), an EMI/PI safeguards them (ring-fenced, not guaranteed). Safeguarding explained · Open in the live catalogue · Providers based in UK

17 providers issuing GB IBANs

Banking Circle

EU core EEA: Yes Bank Verified Luxembourg
BaaSIBAN sponsorCrypto / digital-asset infraCross-border payments / FX

🏦 Local IBANs: GB DE LU

Banking Circle S.A. (Luxembourg) - cross-border banking, accounts, payments and settlement for banks, PSPs and fintechs; issues the EURI euro stablecoin. Credit institution, CSSF (LUB00000408); not the unrelated 'Circle Group S.A.'.

DiPocket

EU core EEA: Partial EMI Verified Lithuania / UK
BIN sponsorIBAN sponsorCard issuing softwareIssuer processingLending module

🏦 Local IBANs: LT GB

DiPocket (Lithuania; + UK) - card issuing and IBAN accounts; Visa & Mastercard Principal Member. EMI, Bank of Lithuania (EEA) + FCA (UK). SEPA + SWIFT, LT IBANs and UK Faster Payments.

Ebury

EU core EEA: Partial EMI Verified Spain / UK
IBAN sponsorCross-border payments / FX

🏦 Local IBANs: ES GB BE

EMI FCA (Ebury Partners UK) + Ebury Partners Belgium (EEA) + Spain branch (Bank of Spain reg 6889); own-IBAN accounts; majority Santander.

LHV

EU core EEA: Yes Bank Verified Estonia
IBAN sponsorBaaS

🏦 Local IBANs: EE GB

LHV Pank (Tallinn; 4th-largest EE bank) + LHV Bank (UK full banking licence 2023). The fintech-preferred BaaS bank: virtual IBANs, SEPA Instant + Faster Payments, FX; 200+ fintech clients (Wise, Lightyear...).

payabl.

EU core EEA: Yes EMI Verified Cyprus
Payment gatewayIBAN sponsorIssuer processingPayment orchestration

🏦 Local IBANs: CY GB

payabl. (Limassol + London; since 2011) - acquirer/PSP: card acquiring, business accounts, virtual IBANs and 300+ payment methods. EMI, Central Bank of Cyprus (passported EEA) + FCA EMI (UK).

Paynetics

EU core EEA: Partial EMI Verified Bulgaria / UK
Card issuing softwareBIN sponsorIBAN sponsorBaaSIssuer processing

🏦 Local IBANs: BG GB

Paynetics (Bulgaria; + UK) - card issuing, BIN sponsorship and accounts; dedicated IBANs (SEPA + SWIFT) plus UK sort-code accounts. Dual EMI: BNB (No. 44) + FCA (942777; formerly TPR 900785).

Bilderlings

UK EEA: No EMI Verified UK / Latvia
IBAN sponsorCross-border payments / FX

🏦 Local IBANs: GB

Bilderlings (Bilderlings Pay Ltd; Latvian-founded, London) - business and personal multi-currency IBAN accounts (17 currencies), SWIFT/SEPA, Mastercard scheme participant and card issuing. FCA-authorised EMI (No 900637).

Clear Junction

UK EEA: Partial EMI Verified UK / Netherlands
IBAN sponsorCross-border payments / FX

🏦 Local IBANs: GB NL

Clear Junction (UK; + Netherlands; est. 2016) - cross-border payments and named virtual IBANs for banks, EMIs and VASPs; correspondent accounts over SEPA/SEPA Instant/Faster Payments/CHAPS/SWIFT (11 currencies). FCA EMI (UK) + CJ Digital EU B.V. (DNB, Netherlands).

ClearBank

UK EEA: Partial Bank Verified UK
BaaSIBAN sponsor

🏦 Local IBANs: GB NL

UK clearing bank (PRA/FCA) + ECB credit-institution licence via DNB (NL) for EUR. GBP at BoE, EUR at DNB/ECB. EEA-capable now. ClearBank Europe became the first Dutch credit institution cleared as a MiCA CASP (AFM notification, Apr 2026), offering Circle EURC/USDC to institutional clients.

Currencycloud

UK EEA: No EMI Verified UK
IBAN sponsorCross-border payments / FX

🏦 Local IBANs: GB

Currencycloud (UK) - virtual IBANs (EUR collection) and FX across 33 currencies. FCA EMI; Visa-owned.

Griffin

UK EEA: No Bank Verified UK
BaaSIBAN sponsor

🏦 Local IBANs: GB

Griffin (UK) - developer-native, full UK bank authorised by the PRA and regulated by the PRA and FCA.

Modulr

UK EEA: Partial EMI Verified UK / Netherlands
Card issuing softwareIBAN sponsorBaaS

🏦 Local IBANs: GB NL ES FR IE

Modulr (UK + Netherlands) - payments and accounts-as-a-service; EMI FCA (UK) + EMI DNB (Netherlands), passported across the EEA, with branches in IE/ES/FR.

Nium

UK EEA: Partial EMI Verified UK / Singapore
Card issuing softwareIBAN sponsorCross-border payments / FX

🏦 Local IBANs: GB LT MT

Nium (UK; + Singapore) - global cross-border payments and card issuing with APAC roots. EMI FCA (UK) + EMIs in Lithuania and Malta (EEA).

OpenPayd

UK EEA: Partial EMI Verified UK / Malta
IBAN sponsorBaaSCross-border payments / FX

🏦 Local IBANs: GB NL FR MT

OpenPayd (UK + Malta) - banking-as-a-service / IBAN-as-a-service: unlimited virtual IBANs, accounts, FX and stablecoins; ~EUR 120bn/yr processed. FCA EMI (UK) + Malta EMI (OpenPayd Financial Services Malta, EEA).

Payset

UK EEA: No EMI Verified UK
IBAN sponsorCross-border payments / FX

🏦 Local IBANs: GB

Payset (Pay Set Ltd, UK) - multi-currency business accounts (38 currencies), dedicated local IBANs (EUR/GBP/USD), SWIFT + SEPA and FX; SME/fintech focus. FCA-registered EMI.

Rapyd

UK EEA: Yes EMI Verified UK
Payment gatewayCross-border payments / FXIBAN sponsor

🏦 Local IBANs: GB DE DK

Rapyd (London, UK; Israeli-founded, 2016) - fintech-as-a-service: global acquiring, payouts and wallets. EEA licence via Rapyd Europe (Iceland EMI) after acquiring Icelandic acquirer Valitor (USD 100m, 2022); also bought PayU GPO (USD 610m, 2023). Register-sourced: E-money institution (EMI), Central Bank of Iceland, ref 5006830589; passported to 30 EEA states. Offers virtual IBANs (vIBAN) in Europe via Rapyd Virtual Accounts - local collection accounts in 40+ countries. Virtual-account docs list GB/DE/DK IBANs (DE reaches 36 SEPA countries).

Wise

UK EEA: Partial EMI Verified UK / Belgium
IBAN sponsorBaaSCross-border payments / FX

🏦 Local IBANs: BE GB

Wise (ex-TransferWise; London HQ, LSE-listed; Estonian founders). Wise Europe SA = EMI National Bank of Belgium (EEA) + UK FCA. Multi-currency accounts + local account details/IBANs; Wise Platform = accounts/FX/payments infrastructure for banks & fintechs.

FAQ

Why do I need a UK (GB) account or IBAN?

UK payroll, direct debits (Bacs) and many billers expect a UK sort code and account number; a GB IBAN also keeps you reachable for cross-border transfers. Providers on this page have documented GB IBAN issuance, typically alongside UK sort-code account details.

Can a non-UK provider issue GB IBANs?

Yes - what matters is the account rail, not the headquarters. Post-Brexit a GB IBAN comes from a UK-authorised entity (FCA) rather than an EEA passport, so check which group entity you contract with; every provider here has documented GB issuance.

Bank or EMI for a UK account - does it matter?

With a UK bank your balance is a deposit protected by the FSCS up to GBP 85,000. With an EMI the funds are safeguarded - segregated at a credit institution - but not FSCS-protected. The licence badge on each card shows which regime applies.

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