amaiz.com

What It Is

Amaiz is a digital finance platform regulated by the UK FCA, focused on providing SMEs with multi-currency business accounts, corporate card issuing, and global payment services. Its core strength lies in combining traditional banking functions with flexible digital card-issuing capabilities, enabling businesses to launch financial operations quickly.

Core Dimensions

• Service Types and Payment Methods: Amaiz offers digital business accounts in GBP, EUR, USD, and more, with UK Sort Codes and IBANs. Its payment network covers FPS (UK Faster Payments), SEPA (Eurozone), and SWIFT (global), and it supports Mastercard virtual and physical debit cards.
• Supported Countries/Regions: Supports transfers to 100+ destinations and cross-border payments in 70+ currencies. Its core service areas are the UK and Europe, with global reach extended via SWIFT.
• Rates and Fees: Uses a subscription + transaction fee model. The Basic plan is free, the Advanced plan is £49/month, and the Enterprise plan is £99/month. Onboarding fees vary by risk level, from free to £1000. Card issuance costs £2 per virtual card and £10 per physical card. For transfers, FPS is free; SEPA starts from 0.25% (minimum €3); SWIFT is unavailable on the Basic plan, while the Advanced plan starts from 0.25% (minimum €40). Foreign-currency card spending incurs a 2% conversion fee.
• Compliance and Licensing: Strictly regulated by the FCA. Client funds are held in segregated safeguarding accounts, and the platform fully complies with KYC/AML requirements.
• Risk Control Capabilities: Strong security framework, including PCI DSS certification, 3D Secure authentication, 2FA, biometrics, real-time transaction monitoring and fraud detection, plus one-click card freezing.
• API and Integration: Provides API access, allowing businesses to seamlessly integrate card issuance and account management into their own systems for automated operations.

Pricing, Pros and Cons

Pricing is startup-friendly thanks to the free plan, but advanced features and onboarding for high-risk businesses can be costly. Pros include strong FCA-backed compliance, excellent bulk card-issuing capacity (up to 10,000 cards per month), and convenient digital onboarding. Cons include no SWIFT support on the Basic plan, relatively high Enterprise onboarding fees, and additional FX costs when spending in foreign currencies.

Who It’s For

Best suited for UK and European SMEs with cross-border payment needs, especially those requiring large-scale card issuance, such as employee travel, gig economy platforms, and customer rebate programs. It also accepts some high-risk industries.

Access from China

Access from mainland China is unknown. As a UK institution regulated by the FCA, Amaiz typically does not support direct account opening with a mainland Chinese ID, and it does not offer local payment methods such as WeChat Pay or Alipay. Users in China seeking similar services may consider cross-border finance alternatives that support domestic companies, such as Airwallex（空中云汇） or PingPong.