Open an Account at Emerald24

Emerald24 Financial Group (UK) Ltd, operating under the Emerald24 brand, was founded in 2018 in London, UK. The company is licensed by the UK Financial Conduct Authority as an electronic money institution (FCA FRN900908), registration began in May 2019.

Emerald24 also has a branch in the Dubai International Financial Centre (DIFC) and is licensed by the Dubai Financial Services Authority (DFSA, category 4 license).

Emerald24 Services

Emerald24 offers:

• Multi-currency accounts with individual British IBAN (GB format);
• International transfers via SEPA, TARGET2 and SWIFT;
• Integration with API, online acquiring and e-commerce solutions;
• Registration of Mastercard cards (business, virtual, payroll cards);
• Currency exchange services at competitive intraregional rates;
• Convenient online banking with authorization via SMS and QR code. Management is available via web and mobile interfaces;
• Personal manager and technical customer support in several languages.

Client funds are stored in secure bank accounts in Europe; FSCS protection does not apply to electronic money. The company follows Wolfsberg standards and other international compliance requirements.

Partners and competitors

Emerald24 actively offers white-label programs for partners and distributors, allowing them to launch branded platforms with payment options and joint pricing models.

Competitors include payment providers such as Payoneer, Wise, Revolut Business, as well as alternatives to e-commerce and API integrations in Europe (e.g. Stripe, Adyen, Mollie, Paysera).

Restrictions and work policy

Emerald24 does not serve clients from the high-risk sphere (crypto, forex, gambling, financial intermediaries, etc.), does not open accounts for partnerships and does not work with companies from sanctioned jurisdictions.

Also, in case of inactivity (usually **6 months") or zero balance, the system can suspend or close the account without explanation.

What documents are needed to open an account

For individuals:

• Passport or identity document;
• Proof of residential address (e.g. utility bill, bank statement).

For legal entities:

• Company constituent documents: certificate of incorporation, charter;
• Certificate of Good Standing / Certificate of Incumbency (if the company is more than a year old);
• Documents on beneficiaries: declaration of the beneficiary, powers of attorney (if necessary);
• Confirmation of the type of activity: contracts, invoices, bank statements, description of sources of income and cash flow;
• CVs of beneficiaries and contact information.

The identification procedure may include an online meeting (Skype/Zoom) with an Emerald24 manager. The decision on the application is made case-by-case, they may request additional documents or refuse without explanation.

IT-OFFSHORE specializes in supporting clients in opening accounts in such European and British payment systems as Emerald24. IT-OFFSHORE specialists are ready to help you open an account in Emerald24 with minimal effort - so that you can start using the benefits of an international IBAN account, cards, SEPA/SWIFT transfers and API integrations as quickly and safely as possible.