My EU Pay has placed a number of restrictions on the type of industries, activities, and countries we are able to support and service.
It should be noted that the virtual account solutions are not available for the following industries:
Visit FAQs to learn more about My EU Pay’s restrictions on countries to which payments are not permitted as well as countries not eligible for My EU Pay’s services. Please note that any restrictions placed by My EU Pay will supersede those outlined below.
Please note that virtual accounts are used for reconciliation purposes only.
SEPA enables customers to make euro payments to any account located anywhere in the European Economic Area. SEPA does not cover payments in currencies other than the euro.
This virtual account is available for payments within the European Economic Area and is suitable for EEA regulated crypto and gambling companies with robust AML system.
This solution currently supports PayOuts in USD, CAD and GBP and is only available to low risk clients. Additional currencies will be added in the coming weeks.
Payments in USD can only be made to the US.
Our newest virtual account type supports cross border payments via SWIFT. It is suitable for a wide variety of regulated industries including retail, hospitality, crypto, and gambling.
Our SWIFT Plus service supports the following currencies:
|Australian Dollar (AUD)|
|Canadian Dollar (CAD)|
|Swiss franc (CHF)|
|Swedish Krona (SEK)|
|Norwegian Krone (NOK)|
|Danish Krone (DKK)|
Separate virtual accounts can be provided for each individual currency.
If you receive funds in a currency other than the currency in which your virtual account is denominated, our banking provider will exchange the funds at non-competitive rates.
This virtual account is not available for clients of the following industries:
In addition, this virtual account is not available for payments to/from or for clients from the following jurisdictions: