Yes. Crypto moves freely in and out, but the card cannot buy crypto elsewhere and the old app lost its crypto features in the EEA on 30 June 2026.
| Criterion | Score | Source |
|---|---|---|
| Accepts exchange transfers | yes (2) | source · checked 8 September 2026 |
| Stablecoin off-ramp | yes (2) | source · checked 8 September 2026 |
| Business accounts for Web3 | yes (2) | source · checked 8 September 2026 |
| Custody | partial (1) | source · checked 8 September 2026 |
| Staking and yield | partial (1) | source · checked 8 September 2026 |
| Card | yes (2) | source · checked 8 September 2026 |
| Multiple jurisdictions | yes (2) | source · checked 8 September 2026 |
| Open to retail | yes (2) | source · checked 8 September 2026 |
Total 14 of 16. Yes scores 2, partial 1, no 0. A secondary source is press or a third party rather than the bank or its regulator. Unverified means no source could be found; the score stands until one is.
Scores are revised when a bank's documents change. Each revision is dated and sourced.
| 8 September 2026 | Business accounts for Web3 | no to yes | source |
| Jurisdiction | UK · EEA |
| Type | Neobank |
| Health tag | Unknown FCA e-money licensed, but very thin recent financial disclosure. · checked 26 August 2026 |
| P2P tolerance | Strict Consistent reports from 2022 through 2026 of frozen funds and long compliance reviews, including after receiving crypto transfers from other people. · community-reported, separate from the score |
| Last verified | 14 September 2026 |
| 2022 | Wirex Limited, an FCA e-money institution since 2018 (FRN 902025), withdrew from the FCA temporary cryptoasset register in March and moved UK crypto services to an EU subsidiary, first in Croatia and now Wirex Digital Services S.r.l. in Italy (OAM VASP PSV108). source |
| 2023 | The FCA published an undertaking under the Consumer Rights Act: Wirex Limited agreed to drop three unfair e-money terms, including one excluding liability for losses caused by account suspension, from 1 January 2024. In June the Bank of Lithuania revoked card partner UAB PayrNet's licence, disrupting EEA cards. source |
| 2026 | Wirex Digital Services S.r.l. applied for MiCA CASP authorisation in Italy but was not among the eight CASPs Consob listed as authorised when the transitional regime ended on 30 June. The same day, crypto features in the Classic app ended for the EEA and Australia, replaced by the non-custodial Wirex One. source |
Bank transfers from Wirex One go to anyone with a SEPA account or a UK Faster Payments account, and nothing in the help pages blocks an exchange account in your own name. The card is different: the EEA card terms prohibit crypto trading outside Wirex, so buying on another exchange with the card will fail. Deposits back into Wirex must come from an account in your own name.
Yes. Wirex One sends USDC, USDT and EURC on chain to any wallet or exchange that supports the token and network, and you pay only the network fee. Crypto deposits from any external wallet or exchange address work the same way, as long as you pick a supported network. Transfers between Wirex users are free and instant.
The fiat side does, but the Classic app lost crypto funding, exchange, spending and Cryptoback for EEA and Australia customers on 30 June 2026. Wirex now moves everyone in the EEA, UK and Australia to Wirex One, a non-custodial app where a partner called Privy secures your keys and Wirex cannot move or freeze your crypto. Wirex Digital Services S.r.l. in Italy applied for a MiCA licence but was not on Consob's list of authorised CASPs at the end of the transitional regime.
No. In the UK, Wirex Limited is an FCA e-money institution, not a bank, and FSCS cover does not apply. In the EEA the card comes from Transact Payments Malta Limited with UAB Wirex as programme manager. Fiat is safeguarded under e-money rules, but crypto and Earn balances have no compensation scheme behind them.