We Serve
Virtual Asset Service Providers

We’re committed to supporting the Virtual Asset Service Provider (VASP) ecosystem.

As digital asset markets mature and adoption accelerates, the need for reliable fiat banking partners has never been greater.

Whether you’re a custodian, stablecoin issuer, centralised

Dedicated relationship manager

As the digital asset sector becomes a vital alternative to traditional finance, VASPs need reliable banking support to manage fiat access and operational complexity. With focused expertise in the space, a dedicated relationship manager ensures tailored solutions, seamless integration between fiat and digital assets, and a long-term partnership built for growth.

Operating Account

Foundation for Fiat banking
Leverage the Bank’s Operating Account to ensure clear segregation between customer and operational funds. Seamlessly synchronise billing, fees, and interest with your broader banking structure - all managed through a single trusted relationship.

Payments

Instant Money Movement
Provide your customers with fiat off-ramp 24/7/365 through the Banik’s directly connected settling participant status with UK Faster Payments.

Deposits

Reserve Interest
Maximise the value of your deposit account by earning competitive interest on surplus operational balances or fiat backing customer-held crypto. Whether you're managing day-to-day liquidity or safeguarding client assets, your funds don’t have to sit idle, let them grow with confidence.

Virtual Accounts

Bank of London’s virtual accounts enable you to open wallets for your customers in near real-time.

Manage customer fiat from a physical account with reconciled virtual’s for greater visibility without compromising spending power.

What we offer

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Accounts

Choose from operating, notice, and virtual accounts with multi-currency support and granular controls. All client funds are held 100% at the Bank of England for maximum security and resilience.

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Payments, Clearing & Settlement

Access to all domestic Payment Schemes

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Agency Banking

Build in minutes, launch in weeks.

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