Personal
An account for holding several currencies, paying people abroad, and keeping track of where your money went — with statements you can download for any period.
Personal & business banking
Banking that keeps up with every
Banking that keeps up with every
currency you work in.
Hold multiple currencies in one account, send money to the people and businesses you pay, and convert between currencies at a rate you see before you confirm.
- 30+
- Currencies available
- 2
- Account types — personal and business
- 1
- Dashboard for all of it
What's included
One account, built for money that moves
FavBank brings together the things you would otherwise spread across separate providers — holding balances, paying people, converting currency, and keeping a clear record of all of it.
- 01
Multi-currency accounts
Open accounts in the currencies you actually deal in and see every balance in one place. Where a currency supports it, your account is issued its own details for receiving payments.
- 02
Payments to people and businesses
Save a recipient once and pay them whenever you need to. The details each destination requires are checked before a payment is submitted, so fewer transfers fail for a missing field.
- 03
Currency exchange
Convert between the currencies you hold. You see the rate and the amount you will receive before you confirm, and every conversion is recorded with its rate and timestamp.
- 04
Open banking payments
Pay directly from an external bank account you already hold, and follow that payment through to completion without leaving your dashboard.
- 05
Direct debits
See every collection set up against your account, reject one you did not expect, and request a refund where you are entitled to it.
One account.
Every currency you work in.
Holding money in more than one currency should not mean holding more than one account, or reconciling between them at the end of a month.
See everything included Built for
Individuals and companies alike
Business
Company onboarding and verification, a shared record of everyone you pay, and transaction detail your finance team can actually reconcile against.
Security
Security you can check, not just trust
Two-factor authentication with an authenticator app, a list of every device signed into your account, and a full record of sign-in attempts — all visible and controllable from your own settings.
How we protect your account On the way
What we are building next
Two things are in progress. They are not available yet, and we would rather say so here than let you find out after opening an account.
Crypto
Coming soonSelling crypto into your account is already available on personal accounts — get a quote, send the crypto, receive the proceeds as currency. Holding and buying will follow, so digital and traditional balances sit side by side under one login.
Referral programme
Coming soonInvite people you know to FavBank and earn as they join. You will be able to share a personal invite, track who has signed up, and see what you have earned from your dashboard.
Opening an account takes a few minutes
You will be asked to verify your identity before you can transact. It is slower to start with, and safer for everyone afterwards.