Overview

• Wirex is a UK-based fintech platform that bridges traditional finance and cryptocurrency, offering multi-currency accounts, crypto wallets, and payment cards. Founded in 2014, it is regulated in the UK, EU, and Singapore, serving over 6 million users in 130+ countries. Users can buy, hold, and exchange over 100 cryptocurrencies and 16+ fiat currencies within the app. Wirex offers a Visa and Mastercard debit card that allows users to spend crypto globally and earn up to 8% cashback in crypto (called “Cryptoback”). The platform also features X-Accounts, providing high-yield interest on fiat and crypto balances. With no monthly fees, free FX, and instant onboarding, Wirex is a leading player in the crypto-fintech space.

Services Offered

Account Types:

• Personal and Business Multi-Currency Accounts

Currencies Supported:

• Supports USD, EUR, GBP, and over 16 fiat currencies
• Supports 100+ cryptocurrencies (e.g., BTC, ETH, LTC)

Banking Services:

• Multi-currency wallets for fiat and crypto
• Virtual and physical Wirex debit cards (Visa/Mastercard)
• Instant crypto-to-fiat conversion and spending
• Crypto cashback rewards (up to 8% in WXT tokens)
• Interest-earning X-Accounts for crypto and fiat
• No monthly fees, free international transfers
• Mobile and web apps with portfolio tracking

Required Documentation for Bank Account Opening

For Personal Accounts:

1. Proof of Identity (one of the following):

• Valid passport
• National ID card
• Driver’s license

1. Proof of Address (dated within the last 3 months):

• Utility bill
• Bank statement
• Government-issued letter

1. Selfie Verification:

• A live photo or selfie may be required for identity match verification.

For Business Accounts (Wirex for Business – where available):

1. Company Incorporation Documents:

• Certificate of Incorporation
• Company Constitution / Articles of Association
• Business registration details

2. Identification of Directors & UBOs:

• Passport or ID of directors and beneficial owners
• Proof of address for each

3. Corporate Structure Info:

• Shareholding breakdown
• Ownership chart if needed

4. Board Resolution (optional in some cases)

5. Additional KYC Details:

• Nature of business
• Expected transaction activity

Account Opening Process

For Personal Accounts:

1. Email Verification
    ● Confirm your email via the verification link sent to your inbox
2. Identity Verification (KYC)
    ● Upload a government-issued ID (passport, national ID, or driver’s license)
   ● Provide a selfie or use live video for face match verification
   ● Submit proof of address (e.g., utility bill or bank statement dated within 3 months)
3. Account Approval
    ● Wirex will review your documents and notify you (usually within minutes to 24 hours)
   ● Once approved, you can start using your account and access all features
4. Order a Card (Optional)
    ● After approval, you can order a Wirex Visa or Mastercard (physical or virtual)
   ● Set up security features like 2FA and biometric login

 For Business Accounts (Limited Availability)

1. Submit Business Application Request
    ● Contact Wirex directly via their website to inquire
   ● Provide company registration documents and details
2. Enhanced KYC/Compliance Review
    ● Additional checks on company structure, directors, UBOs, and business model
   ● Approval is case-by-case and subject to availability in your jurisdiction

Account Opening Summary