Hold your money in pounds and euros. Send it anywhere.
Payment accounts with IBANs in your name, Faster Payments, SEPA and SWIFT, and prepaid cards you control. For businesses and individuals, from one FCA-authorised company.
- Payments in seconds on Faster Payments and SEPA Instant
- Funds safeguarded, held separately from our own and never lent out
- One licence you can check on the FCA register
Illustration. Names and figures are sample data.
- FCA-authorisedPayment institution, FRN 540997
- Funds safeguardedHeld separately from our own funds
- CheckableOn the FCA register and at Companies House
- One teamSame people from onboarding to payments
Hold it. Move it. Spend it.
Three services, one provider, one set of checks. Pick the ones you need now and add the rest when you’re ready.
An account in your name, in pounds and euros
Customers and clients pay into an IBAN that carries your name, not a pooled reference. See every balance live, side by side.
- GBP and EUR IBANs in your own name
- Live balances
- Funds safeguarded, never lent out
Every payment on the rail that fits
Sterling on Faster Payments, euros on SEPA Instant where the receiving bank supports it, everything else on SWIFT. You see the rail, the fee and the arrival time before you confirm.
- Nothing moves until you say so
- Typical arrival in seconds for sterling and instant euro payments
- SWIFT for the rest of the world
A card that only spends what you load
Physical and virtual prepaid cards with no credit, so no way to go overdrawn. Set a limit per card and freeze one in a tap.
- Per-card limits and merchant controls
- Instant freeze from your phone
- Every transaction visible as it happens
Illustration. Names and figures are sample data.
Plain facts, built in
No pooled references, no hidden steps, nothing lent out.
Every payment on the rail that fits
Sterling on Faster Payments, euros on SEPA Instant where the receiving bank supports it, everything else on SWIFT.
Typical figures for each rail. Bar length is relative, not to scale.
An IBAN in your name
Payments arrive under your name, not a pooled reference.
Safeguarded, never lent
Funds received for a payment are held separately from our own. We are not a bank and we don’t lend.
Cards you control
Physical and virtual prepaid cards with per-card limits and an instant freeze. One card per person or per purpose.
About the cardOne account design. Two ways to open it.
Both give you GBP and EUR IBANs in your own name. The difference is who it’s opened for and what we ask you for.
Personal accounts
Hold pounds and euros in an account with an IBAN in your own name. Pay on the right rail and spend with a prepaid card you control.
Explore personal accounts- SalaryReceived · Faster Payments+£2,850.00
- Maria CostaSent · SEPA Instant−€240.00
- GroceriesCard payment−£54.20
Business accounts
GBP and EUR IBANs in your company’s name, payments on the rail that fits, and prepaid cards with limits for your team.
Explore business accounts- Invoice 1042Received · Faster Payments+£4,200.00
- Atelier VerdiSent · SEPA Instant−€1,860.00
- Design softwareTeam card−£29.00
Built around how your money actually moves
Tell us what you do and where the money goes. We’ll tell you plainly whether we’re the right fit.
Online businesses
Take customer payments into a named IBAN and pay suppliers and contractors on the right rail.
Importers and exporters
Collect in pounds or euros on a named IBAN, pay suppliers on SEPA and SWIFT.
Consultancies and agencies
Invoice in pounds or euros and pay contractors on the rail that fits.
Sole traders and new companies
Keep business money separate from personal from day one.
How you get started
Four steps, with the same team throughout.
Talk to us
Call, WhatsApp or send the form. Tell us what you need, which currencies you deal in and what you want to pay. No obligation.
We say yes or no, plainly
If an account, payments or a card fit, we tell you which, what it costs and what we need from you. If we can’t help, we say so.
Onboarding
Identity, address and sanctions checks, plus company and ownership checks for businesses. Run once and properly.
Go live
Your account, rails and card are switched on. The same team stays your point of contact.
Check us before you trust us
One company, one firm reference number, on a public register. Please look it up. We’d rather you did.
- Company
- MDRN-FX Services Limited, trading as Alpha Transfers
- Status
- Authorised Payment Institution, Financial Conduct Authority, under the Payment Services Regulations 2017
- FRN
- 540997
- Company number
- 06401266, England and Wales
- Not a bank
- We don’t lend. Funds are safeguarded, not covered by the FSCS.
Quick answers
Is Alpha Transfers a bank?
No. Alpha Transfers is a trading name of MDRN-FX Services Limited, authorised by the Financial Conduct Authority as a Payment Institution, firm reference number 540997. Money we receive for a payment is safeguarded, held separately from our own funds, rather than protected by the Financial Services Compensation Scheme. We don’t lend or offer overdrafts.
Who can open a payment account?
Businesses and individuals. For business accounts: limited companies, sole traders and newly incorporated businesses. For personal accounts: individuals, in their own name. Everyone is asked for a clear description of money flows: who pays you, who you pay, in which currencies and roughly what volumes.
Which payment rails do you use?
Faster Payments for UK sterling, SEPA and SEPA Instant for euros, and SWIFT for cross-border payments outside those zones. The rail, fee and arrival time are shown before you confirm.
How fast do payments arrive?
Faster Payments and SEPA Instant typically arrive in seconds, SEPA usually the next working day, and SWIFT in one to two days. These are typical figures for each rail, not a promise for a specific payment.
How is my money protected?
Funds received for a payment are safeguarded under the Payment Services Regulations 2017, held separately from our own funds and never lent out. Payment accounts and the prepaid card are not covered by the Financial Services Compensation Scheme.
How do I open an account?
Call, message us on WhatsApp or send the enquiry form. We ask what you need, which currencies you deal in and what you want to pay. If an account fits we tell you what it costs and what we need from you. Then we run identity, address and, for businesses, company and ownership checks once, and switch your account on.
Ready when you are
Tell us what you do and where your money moves. You’ll get a plain answer on whether we can help.