A GBP account in your business's name. Without a UK bank.
A dedicated UK account number and sort code, held in your business's own name, so you can receive GBP payments and pay out to UK banks without opening a traditional UK bank account.
GBP Account
United Kingdom
- Account name
- Your Business Ltd
- Sort code
- XX-XX-XX
- Account number
- XXXXXXXX
Balance
£0.00 GBP
Illustrative example — not a real account.
Getting a UK bank account is slow, or impossible.
Businesses outside the UK that need to trade in GBP, receiving payments from UK customers, paying UK suppliers, or holding sterling as working capital, are left with two bad options.
Wait on a UK bank
Without a local presence, onboarding takes months, or never opens at all, while deals that require a UK account number pass you by.
Convert on receipt
With nowhere to hold sterling, you pay away margin converting currency earlier than you need to.
What comes with a GBP Named Account.
Five things, issued off the verification you complete at onboarding, and visible on your dashboard from day one.
- 1
A dedicated account number and sort code
Issued in your business's name, not a shared reference-based account.
- 2
Receive GBP payments directly
Customers and partners can pay you like they would any UK business.
- 3
Hold a GBP balance
Keep funds in sterling instead of converting immediately, and convert when the time is right.
- 4
Pay out to UK banks
Settle suppliers, payroll, or other UK obligations directly from your GBP balance.
- 5
Verified once, ready to transact
Account issuance is tied to your TranzyPay KYB/KYC verification, part of onboarding, not a separate process.
Built for businesses trading into and out of the UK.
Exporters and service businesses
Invoicing UK customers who expect to pay into a UK account.
Marketplace and platform sellers
Receiving marketplace, partner, or platform payouts in GBP.
GBP received
GBP held
Converted when you choose
Corporates holding GBP capital
Hold sterling as working capital rather than converting on receipt.
One account, connected to everything else you do.
A GBP Named Account isn't a standalone product bolted onto payments. It plugs directly into the rest of your TranzyPay activity, under the same KYB/KYC verification you've already completed.
- A dedicated UK account number and sort code
- Receive GBP payments, pay out to UK banks
- One verification, connected across TranzyPay
Connects directly with everything you already do on TranzyPay
Your account
GBP Named Account
- Identity verification via KYB/KYC (SumSub)
- Encrypted in transit (TLS) and at rest
Common questions about GBP Named Accounts
Ready for a GBP account in your business's name?
Receive GBP payments and pay UK banks, without opening a UK bank account.