Yes, you can open a business account. There are several ways to open business accounts with Interpolitan Money:
• Online.
• By emailing us a filled-on paper or PDF application form.
If you have any questions or need help, contact us by email at info@interpolitanmoney.com.
Our support team is available between 9.00am and 5.30pm UK time.
Interpolitan Money provides UK resident and non-resident individuals and businesses with a truly global alternative banking experience. International clients can obtain domiciled accounts in the UK, EEA and other regions with accounts opened in 7-10 working days (subject to compliance).
Unlike legacy banks, Interpolitan Money provides dedicated relationship managers who understand their clients’ requirements and deliver a bespoke service to achieve their clients’ global banking objectives.
Swift account opening, dedicated relationship managers, multi-jurisdictional accounts, 55+ currencies and payments to 160+ countries all executed seamlessly. If this is what you’re looking for, then Interpolitan Money is right for you. Contact us today at info@interpolitanmoney.com.
Interpolitan Money provides alternative banking solutions rather than traditional bank accounts. We do not hold a banking license, but we are an Electronic Money Institution (EMI) regulated by the UK’s Financial Conduct Authority (FCA).
Because we are not a bank, we are not part of the Financial Services Compensation Scheme that traditional bank are obligated to join before being allowed to loan out clients' money. If too many loans default due to late or missed payments, the bank in question could become insolvent. However, as an EMI, we do not loan out our clients' money. Instead, we keep clients' funds safe via a process called safeguarding.
We hold your funds in specially designated safeguarded bank accounts with our tier 1 banking partners, keeping them separated from our other assets. This means your funds are protected. In the very unlikely event Interpolitan Money should go into liquidation, your funds will be returned to you.
If you require more information, please contact the team at info@interpolitanmoney.com.
You can deposit funds into your account by bank transfer (internet/telephone banking/CHAPS/BACS, etc) or debit card, and there is no charge for either of these methods.
We do not accept cash deposits or cheques directly into our account. Should you attempt to (or be successful in) making a payment to us by any of these methods, it will be held in suspension once identified and your currency order will not be processed. Any refund payable will be subject to both a £35.00 admin fee and a 2.5% surcharge.
If you have an issue using any of the recommended methods above, please contact your relationship manager directly.
To open a private account, residents and non-residents will need:
• Proof of identity (ID documentation).
• Proof of address.
Full Know Your Customer (KYC details) are available here. If you have questions about KYC requirements, contact us at info@interpolitanmoney.com.
Our support team is available between 9.00am and 5.30pm UK time.
You can make/deposit payments in Sterling to us using a debit card. Alternatively, you can pay us via bank transfer in the currency you require. Please find our bank account details online when you select to add funds and follow the instructions.
Please also note that we do not accept credit cards or take cash payments over the counter at a bank branch. Any attempt to pay in this way may result in charges being made.
If you have an issue using any of the recommended methods above, please contact your relationship manager directly.
To open a business non-resident account please ensure you have the following ready:
• Company incorporation documents.
• Memorandum and articles of association.
• Confirmation statement.
• Full KYC documents for ultimate beneficial owners/directors or persons with significant control (25% or more).
Full Know Your Customer (KYC) details are available here.
If you have questions or need help, please contact us at info@interpolitanmoney.com.
Our support team is available between 9.00am and 5.30pm UK time.
You will get unique IBANs for select currencies as well as the ability to send and receive payments in 55+ currencies and 160+ countries. We’re constantly adding to the list, so please email us at info@interpolitanmoney.com for the latest available currencies with unique IBAN details.
Yes, all customers need to pass an online identity check at their registered address. This is run automatically when you set up your account and will not affect your credit history in any way. We can confirm your identity by cross-checking your name, address and the date of birth you enter when you sign up against electronic databases made available to us by a trusted verification partner.
If the details that you entered match the public/open records available, your account will be instantly verified and become usable.
If for any reason we are unable to confirm your details with our partner, you will be asked to provide manual documentation to confirm your identity and address. The verification check references both public databases and credit databases. This is not a check of your credit eligibility, and while a soft search may be performed, this will not affect your credit rating in any way.
If you have questions or need help, please contact us at info@interpolitanmoney.com.
Our support team is available between 9.00am and 5.30pm UK time.
Interpolitan Money is a regulated service, which means we need to know and understand the purpose of the transactions our customers are making. By checking the correctness of various details about our customers and their transfers, we are able to satisfy our regulators and financial partners while keeping your money safe and secure.
We are fully authorised by the UK Financial Conduct Authority and aim to maintain the maximum standards in the UK’s financial security and compliance laws.
We do not run credit checks. You will, however, need to pass online identity checks at your registered address. These checks are run automatically when you set up your account and will not affect your credit score.
You can open an account with us in the following ways:
• Online.
• By filling in a PDF application form (downloadable from our website) and sending it to us.
Our compliance teams aim to open accounts within 7-10 working days; however, the process may take longer if further documentation is required.
For any questions, please contact us at info@interpolitanmoney.com.
You must be 18 years or above to use our services. By opening an account, you declare that you are 18 years old, or older.
Yes, Interpolitan takes a holistic approach to security, applying best practices and technologies to every aspect of our systems, products, installations, networks and people. However, we are not a bank and therefore we are not covered by the Financial Services Compensation Scheme (FSCS).
Your money is safe with us through a process called safeguarding.
We hold your funds in specially designated, safeguarded bank accounts, with our tier one UK banking partners, keeping them separated from our other assets. This means your funds are protected.
In the very unlikely event that Interpolitan Money should go into liquidation, you can be assured that your funds will be safely returned to you.
If you have forgotten the email address registered to your account, please contact info@interpolitanmoney.com or call us on +44 (0) 20 8187 5001 between 9.00am to 5.30pm UK time and we will assist you.
Alternatively, you can contact you dedicated relationship manager for further assistance.
To change the personal details, please visit your online account.
If you would prefer to email or call, you can do so. Our support team is available between 9.00am to 5.30pm UK time. Alternatively, you can contact your dedicated relationship manager directly.
• Email: info@interpolitanmoney.com
• Telephone: +44 (0)20 8187 5001
To change your password, please log into your account with your current details, then select the tab where your name appears in the top right-hand corner of the dashboard. Click on "manage accounts" and select "change password". You will then be asked to confirm your current password before entering your new password.
Our experienced customer services team will be happy to answer all queries and concerns on +44 (0) 20 8187 5001 between 9.00am to 5.30pm UK time, Monday to Friday. If you prefer, you can email us at info@interpolitanmoney.com
You can also contact your dedicated relationship manager directly.
You can close your account anytime by contacting our customer services team at info@interpolitanmoney.com or by calling+44 (0) 20 8187 5001 between 9.00am to 5.30pm UK time.
Alternatively, you can contact your dedicated relationship manager.
Please follow our complaints procedure, which can be found here.
To make an international transfer, please log into your account and ensure you have sufficient funds available to send the transfer. You can load more funds to your account by clicking on the "add funds" key.
Then, choose the "send payment" option. Here you will be able to set up a beneficiary if you have not done so previously, and complete your payment.
To have the balance of your account returned to another account, please log into your account and convert all remaining currency into the currency you require. You can then make an online money transfer payment directly into your other account. Standard fees and charges may apply as normal.
For any further questions, please email info@interpolitanmoney.com or call us on +44 (0) 20 8187 5001.
Alternatively, you can contact your dedicated relationship manager directly.
If you have forgotten your password, please click on the "get a new Password" option, which appears just below the "login" button. An email will be sent to your registered email address containing a link to reset your password. Please click on this link and follow the instructions.
For further assistance, please email info@interpolitanmoney.com or call us on +44 (0) 20 8187 5001.
Alternatively, you can contact your dedicated relationship manager directly.
To avoid fees from your bank, please use a debit card to transfer funds to your account. We may charge a fee when you use a debit card or make an online bank transfer to us. Please see the fee structure sent to you on account opening.
Interpolitan Money cannot accept funds from, or send payments to, any forex and cryptocurrency providers.
If the payment has not arrived with the recipient after a maximum of 5 working days after you receive the payment confirmation, please contact us on info@interpolitanmoney.com or call our support team on +44 (0) 20 8187 5001 between 9.00am to 5.30pm UK time.
This may also be referred to as the "routing number", and can be obtained from your bank or beneficiary.
If you need more information or want to trade in a currency not listed on our website, please feel free to call us on +44 (0) 20 8187 5001 between 9.00am to 5.30pm UK time, or email us at info@interpolitanmoney.com.
Alternatively, you can contact your dedicated relationship manager directly.
Please check and confirm these specifics with your beneficiary or bank to make sure you have the correct details.
For further assistance, please call us on +44 (0) 20 8187 5001 between 9.00am to 5.30pm UK time, or email us at info@interpolitanmoney.com.
Alternatively, you can contact your dedicated relationship manager directly.
We charge a simple, transparent fixed fee of £5 per transfer on all ordinary international currency payments. We also offer an urgent currency payment option, charged at an additional £5 if required. Other fees may apply: please refer to the fee structure sent to you upon account opening.
To transfer funds to Europe, you will require a SWIFT/BIC CODE and IBAN Number, both of which you can obtain from the beneficiary or bank you are making the payment to.
To transfer funds to the USA, you will need a SWIFT/BIC code or ABA code/routing number along with the account number. You can obtain these account details from the beneficiary or bank you are making the payment to.
To set up a beneficiary, you will need:
• The full name of the individual or company name.
• Bank account details (IBAN code/account number, SWIFT/BIC/sort codes, ABA/BSB routing number as appropriate).
• Country in which the bank account is held.
• Currency in which the bank account is held.
• Payment reference.
You’ll also need to tell us briefly why you’re making the payment (e.g. house purchase or paying an invoice). The collection of this information is an anti-money laundering requirement.
All urgent payment types will credit your beneficiary account on the same business day or next business day. (please note, additional fees are applicable for this service).
For all non-urgent types, your payment will credit the beneficiary account within three business/working days.
We will email a proof of payment to your registered email address once your payment has been sent.