3s Money

Overview

3S Money is a London-based international payments platform designed for cross-border businesses that need to send and receive high-value international payments. Founded in 2018 by Ivan Zhiznevsky, Andrei Dikouchine, and Eugene Dugaev, the company provides multi-currency business accounts with local IBANs across the UK, Netherlands, Luxembourg, France, and UAE—enabling businesses to operate globally without the complexities of traditional banking.

The platform focuses exclusively on B2B international payments, serving thousands of clients across 54 industries in 190+ countries. 3S Money has processed over $5.9 billion in client payments worldwide and distinguishes itself through its "No Chatbot" policy, offering every client a dedicated Relationship Manager and human-led approach to compliance and onboarding.

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Company Background

3S Money was founded when co-founder Ivan Zhiznevsky experienced firsthand the frustrations of international business banking while starting a company in the Netherlands in 2016. The company launched in 2018 from a single co-working desk at Barclays Rise in London and has since grown to 200+ employees across 7 global offices in London, Amsterdam, Luxembourg, Riga, Dubai, Singapore, and Hong Kong.

The company raised $8.12 million in total funding over 5 rounds, with lead investor TMT Investments, achieving a $40 million valuation. 3S Money has been recognized as one of London's fastest-growing companies and continues to expand its global footprint and currency coverage.

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Account Plans

Feature	Standard	Enterprise	Enterprise Plus
Monthly Fee	€100	€300	Custom
Onboarding Fee	From €100	Custom	Custom
Account Users	Up to 2	Up to 5	Unlimited
Suitable For	UK/EU businesses, <€100K monthly volume	Importers/exporters, <€10M monthly volume	Holding companies, >€10M monthly volume
Beneficial Owners	Up to 5	Up to 5	Complex structures
API Integration	No	Custom API	Full API suite
Transaction Fees	Standard	Negotiable	Custom
Minimum Balance	3x monthly fee (€300)	3x monthly fee (€900)	Custom

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Local IBANs Available

• UK (GB): GBP payments via Faster Payments, BACS, CHAPS
• Netherlands (NL): EUR payments via SEPA
• Luxembourg (LU): EUR payments via SEPA
• France (FR): EUR payments via SEPA
• UAE (AE): AED payments (DIFC accounts)

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Fees & Pricing

Outgoing Payment Fees (Standard Plan)

Destination	Fixed Fee	Area Zone Fee
UK Faster Payments	£2	0%
SEPA (Eurozone)	€2	0%
UAE	€15	0.3%
Hong Kong	€15	0.4%
China	€15	0.6%
Other SWIFT	€15+	0.2%-0.6%

Incoming Payment Fees

• UK, EU, USA, UAE: Free
• Other regions: Varies

Additional Fees

• FX conversion: Real-time market rates (better rates for higher volumes)
• MT103 SWIFT confirmation: €60
• Batch payments: Included in plan
• Xero integration: Free

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Payment Rails & Transfer Times

Method	Currencies	Speed	Limit
Faster Payments (FPS)	GBP	Instant (up to 2 hours)	£1,000,000
SEPA Credit Transfer	EUR	1 business day	No limit
SEPA Instant	EUR	Under 10 seconds	€100,000
CHAPS	GBP	Same day (before 5pm)	No limit
BACS	GBP	2-3 business days	No limit
SWIFT	65+ currencies	2-5 business days	No limit

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Supported Currencies

3S Money supports 65+ currencies for holding, sending, and receiving payments.

Major Currencies: USD, EUR, GBP, AED, CNY, INR, JPY, CHF, CAD, AUD, SGD, HKD

Additional Coverage: Following partnership with Crown Agents Bank, 3S Money added 33 new currencies including access to African markets and other emerging economies.

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Geographic Coverage

Account Eligibility

• UK-incorporated businesses
• EU-incorporated businesses
• UAE-incorporated businesses (DIFC accounts)
• Non-resident directors and shareholders accepted from 190+ countries

Restricted Countries

Afghanistan, Bahamas, Barbados, Botswana, Cambodia, Crimea, North Korea, Ghana, Iran, Iraq, Jamaica, Mauritius, Myanmar, Nicaragua, Pakistan, Panama, Syria, Trinidad and Tobago, Uganda, Vanuatu, Yemen, Cuba, Eritrea, Mali, Palestine, Somalia, South Sudan, Venezuela, Russia

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Regulatory Framework

Jurisdiction	Regulator	License Type	Reference
United Kingdom	FCA	EMI License	900918
Luxembourg	CSSF	EMI License	W00000016
Dubai (DIFC)	DFSA	Payment Services	F007004
Hong Kong	CED	Payment Services	—

Company Registration

• 3S Money Club Limited (UK): Company Number 8574246
• 3S Money (Luxembourg) S.A.: R.C.S number B245715
• DIFC Branch: Licence Number CL5587

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Security & Compliance

• Fund Safeguarding: Client funds held in segregated accounts at partner banks
• 100% Liquidity: No lending or investing of client funds
• Two-Factor Authentication: Multi-level authentication for all accounts
• AML/KYC Compliance: Human-led approach to compliance and verification
• Napier Partnership: Advanced AML platform for transaction monitoring
• Data Protection: ICO registered (ZA495485), GDPR compliant
• Direct Banking Connections: Direct SWIFT and FX connectivity with banks

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Platform Features

Account Management

• Online account opening (no branch visits)
• Multi-user access with role-based permissions
• Real-time payment notifications
• Transaction history and reporting
• Client Portal for all operations

Payment Capabilities

• Single and recurring payments
• Batch/bulk payments (CSV upload or ERP export)
• Scheduled transfers
• Automated currency conversion
• No transaction limits

Integrations

• Xero accounting integration (free for all clients)
• Custom API integrations (Enterprise and above)
• ERP system compatibility for batch payments

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Industries Served

3S Money supports businesses across 54 industries, including sectors often overlooked by traditional banks.

Top Industries

• Holding Companies
• Commodity Traders
• Travel, Tourism and Aviation
• Real Estate
• Wholesale Traders
• Shipping and Logistics
• Import/Export
• IT and Technology
• Construction
• E-commerce
• Education
• Sports
• Corporate and Fund Administrators
• Private Aviation
• Maritime and Superyachts
• Asset Managers
• Financial Institutions

Prohibited Industries

• Adult content
• Cryptocurrencies
• Gambling (unlicensed)
• Weapons and ammunition
• Other legally restricted sectors

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Customer Support

• Dedicated Relationship Manager: Assigned to every client
• No Chatbot Policy: Human support only
• 24/7 Phone Support: +44 204 577 0339
• WhatsApp Live Chat: Monday-Friday, 9am-5pm UK time
• Multi-language Support: 12+ languages available
• Global Offices: London, Amsterdam, Luxembourg, Riga, Dubai, Singapore, Hong Kong
• Help Centre: Self-service resources available

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Key Features

• Multi-currency accounts holding 65+ currencies
• Local IBANs in UK, Netherlands, Luxembourg, France, and UAE
• Unlimited SWIFT and SEPA payments with no transaction limits
• Dedicated Relationship Manager for every client
• Human-led compliance and onboarding process
• Non-resident directors and shareholders accepted
• Batch payments via CSV upload or ERP integration
• Xero accounting integration included
• Custom API integrations for Enterprise clients
• Direct SWIFT and FX connectivity with banks
• Competitive FX rates (better rates for higher volumes)
• 24/7 phone support with no chatbots
• Support in 12+ languages
• Regulated in UK (FCA), Luxembourg (CSSF), Dubai (DFSA), and Hong Kong

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Ideal For

• Import/export businesses with high-value international transactions
• Real estate companies managing cross-border investments
• Holding companies with complex international structures
• Travel and aviation businesses with multi-currency needs
• Commodity traders requiring fast FX execution
• IT and tech companies paying overseas contractors
• Shipping and logistics firms with global supplier networks
• Non-residents seeking UK or EU business banking
• Companies in industries underserved by traditional banks
• Businesses with monthly volumes from €100K to €10M+

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Not Suitable For

• Businesses needing physical or virtual debit cards
• Day-to-day expense management and operational banking
• Consumer/personal banking needs
• Cryptocurrency-related businesses
• Small businesses with low international payment volumes
• Companies requiring instant US ACH payments
• Businesses incorporated in restricted countries
• Companies needing more than Xero integration

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Pros

• Multi-currency accounts with 65+ currencies supported
• Local IBANs in UK, EU, and UAE without local incorporation
• No transaction limits on payments
• Dedicated Relationship Manager for personalized service
• Human-led compliance instead of AI-driven rejections
• Non-resident directors and shareholders accepted
• Supports 54 industries including high-risk sectors
• Competitive FX rates with volume-based pricing
• Free incoming payments from UK, EU, USA, and UAE
• Batch payments for high-volume operations
• Xero integration included free for all clients
• 24/7 phone support with no chatbots
• Multi-language support in 12+ languages
• Regulated by FCA, CSSF, DFSA, and CED
• 100% fund safeguarding with no lending of client money
• Processed over $5.9 billion in client payments
• Global office presence across 7 locations
• Online account opening without branch visits
• SWIFT transfers to 190+ countries

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Cons

• No physical or virtual payment cards offered
• Monthly fees starting at €100 (plus onboarding fees)
• Minimum balance requirement (3x monthly fee)
• Limited to Xero for accounting integrations
• SWIFT transfers can take 2-5 business days
• Area zone fees add costs for non-EEA transfers
• Not suitable for day-to-day business expenses
• Cryptocurrency businesses prohibited
• Standard plan limited to 2 account users
• API access only available on Enterprise plans
• MT103 SWIFT confirmation costs €60 extra
• No US ACH or domestic US payment rails

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Alternatives

• Wise Business — Lower fees for smaller international transfers with debit cards
• Airwallex — Multi-currency accounts with virtual cards and broader integrations
• Payoneer — 2000+ integrations and marketplace payment focus
• Revolut Business — Free tier available with cards and broader banking features
• Mercury — US-focused business banking with modern features