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3S Money Review [2024]: Features, Fees & Alternatives

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Features - 4.2/5

Fees - 4/5

Customer Support - 5/5

Ease of opening an account - 4.5/5

Our Rating Methodology

Click "More info" to understand how we calculate our 3S Business Account ratings.

About 3S Money

3S Money is a London-based fintech company founded in 2018 with the goal of supporting cross-border businesses. Despite not being a bank, they hold an Electronic Money Institution license to operate and provide payment services. 3S Money is one of the trading names of 3S Money Club Limited and can be used interchangeably.

In 2021, they secured Series B funding amounting to EUR 40 million, facilitating their business expansion. Currently, they have handled client transactions exceeding EUR 3 billion globally, supported by a team of more than 190 employees operating out of six offices situated in the UK, the Netherlands, Luxembourg, Dubai, Latvia, and Singapore.

3S Money Featured Reviews

Ioannis Demosthenous rates 3S Money ⭐⭐⭐⭐⭐


Cooperated with 3S for about 9 months Evan and Duncan two exceptional guys do their best to help working and replying to you unlike any other FI out there. Only real proof lived EMIs can be better than High Street Banks by being as strict and compliant as any other.

Source: Trustpilot Review

Dave Pavalov rates 3S Money ⭐⭐⭐⭐⭐

Absolutely amazed

I'm absolutely amazed by the customer support from 3S Money. It's incredible to have a personal account manager. The one that was assigned to me - Lawrence Mante always goes above and beyond to help me with any questions / inquires that I may have. I was looking for an alternative to Wise because I couldn't stand their customer support and I'm so glad I found 3S Money. A huge THANK YOU to the entire team of 3S Money and to Lawrence Mante. Keep doing what you guys are doing!

Source: Trustpilot Review

Based on 732 reviews on Trustpilot, 3S Money received a score of 4.7 out of 5.

3S Money Pros and Cons

Pros of 3S Money

Why 3S Money May Be a Good Option

  • Hold, receive, and send international payments in 65+ currencies
  • Send and receive payments locally via SEPA and Faster Payments
  • Open IBAN accounts in the UK, the Netherlands, and Luxemburg.
  • Personalised customer services from your own client manager.
  • 100% online application process

Cons of 3S Money

Why 3S Money May Not Be a Good Option

  • Required minimum balance to maintain an account.
  • Doesn’t provide business cards, which is a common feature among competitors.

3S Money Features

Business Accounts

3S Money Club Limited offers multi-currency accounts on two tiers:

Standard International Business Account

  • Suitable for importers, exporters, manufacturers, professional service providers, and ecommerce businesses.

Bespoke International Business Account

  • Suitable for businesses with complex structures, holding companies, family offices, asset managers, and investment funds.

Services between the two tiers of accounts are very similar, apart from differences in pricing and limits. You may want to consult with 3S Money to see which type fits your business better.

Here are the key features of the 3S Money business account:

  • Hold funds in over 65 currencies in one business account, including AED, AUD, BRL, CAD, CHF, CNY, DKK, EGP, EUR, GBP, HKD, IDR, ILS, INR, JPY, KRW, MXN, MYR, NOK, NDZ, PHP, PLN, RUB, SAR, SEK, SGD, THB, TRY, USD, VND, and ZAR.
  • Receive and send international SWIFT transfers to over 190 countries
  • No transaction limits
  • Easily collect payments by connecting 3S Money with popular marketplaces and ecommerce platforms such as Amazon, Shopify, Etsy, and Rakuten.
  • Integrate with major payment gateways like PayPal, Stripe, and Klarna.
  • Send batch payments by uploading CSV files to your account*
  • Xero integration, transactions are synchronised every 15 minutes, ensuring timely and accurate financial records.
  • API integrations to streamline financial operations. 
  • Require a minimum account balance to maintain the account.

For payment information, 3S Money provides the Payment Guide, which outlines each country's supported currency, processing time, and transfer systems.

*There are required fields in a CSV file for successful payments. Please check with the 3S Money page for details.

Local Accounts

Together with the Global Business Account, 3S Money offers local business accounts for you to make local transactions within the countries where the accounts are provided. This solution enables businesses to send and receive funds via SEPA and Fast Payments System (FPS), which means payments are processed faster with lower transfer fees.

IBANs are available in the following countries:

  • Luxemburg,
  • The Netherlands,
  • United Kingdom.

📖 Helpful Resource: Learn key differences between local and SWIFT payments.

Foreign Exchange

3S Money states they offer real-time and competitive currency exchange rates compared to traditional banks. 3S Money FX services support over 65 currencies.

3S Money also has a live FX desk that can help clients with any large-value requests, and in some cases, they may be able to offer a better rate.

3S Money’s Features Rating is 4.2/5.

The 3S Money business account is an optimal choice for businesses looking to expand their market and reach a global scale easily. With extensive multi-currency support and local IBAN accounts, businesses can conduct international transactions without any transaction limits. Moreover, the integration with ecommerce platforms and Xero (accounting software) makes it easy for businesses to manage their online presence.

While the 3S Money business account offers many useful features, it lacks business payment cards which are commonly offered by competitors. Despite this, we still rate 3S Money’s business account 4.2/5 for its overall value and convenience.

3S Money’s Fees

  Standard International Business Account Bespoke International Business Account 
Account Opening Fee Free Free
Monthly Fee USD 100 Contact Sale
Minimum Account Balance Needed USD 300 Contact Sale
Onboarding Fee This may apply depending on the nature of your business This may apply depending on the nature of your business
Any Additional Accounts and Local IBANs Free Free
Account Users Up to 10 users free of charge Up to 10 users free of charge
Account Closure Fee (in the event that your account is closed within six months) Up to 6 times your monthly account maintenance fee Up to 6 times your monthly account maintenance fee
Account Closure Fee (in the event that your account is closed after six months) Equivalent to 1 month's account maintenance fee Equivalent to 1 month's account maintenance fee
Receive Payments
Local payments Free
International payment (via SWIFT) Free
Send Payments
Local payments in the UK GBP 0.6
Local payments in Denmark DKK 5
Local payments in the SEPA zone EUR 1
International payments (via SWIFT) USD 1
Extra Fees Apply Without Currency Conversion
Zone 1 payments Free
Zone 2 payments 0.3% of a transaction**
Zone 3 payments 1% of a transaction
Cancel or Change Outbound Payments Fees
After funds are written off from an account, but before 3S Money sends the payment order USD 20
After 3S Money sends a payment order  USD 170 + additional fees
Return of Payment by a Correspondent or Beneficiary Bank USD 60
Register Regular Payment Orders (SWIFT confirmation) USD 60

**The fee is waived for all incoming payments from Zone 2 that are converted to alternative currencies at the time of the deposit.

3S Money categorises countries into three zones for currency conversion. Please visit the 3S pricing page for more information.

3S Money’s Fees Rating is 4/5

Their pricing information is openly available on their pricing page, and they have a transparent pricing structure. The 3S Money business account offers several financial benefits, including no charges for account opening, receiving payments, and additional accounts, which are particularly advantageous for international business transactions.

However, it's important to note potential extra costs, such as the account closure fees and charges for modifying outbound payments, which could be significant for businesses seeking transactional flexibility. Additionally, the fee structure for sending payments and extra charges for transactions in tiers 2 and 3, while moderate, should be carefully considered by businesses based on their transaction frequency and specific operational needs.

3S Money Customer Support

3S Money offers several support channels to assist customers, including

  • Visit their offices in 6 locations: the UK, the Netherlands, Luxembourg, Dubai, Riga, and Singapore.
  • Phone call: UK office: +44 203 807 9645 / The Netherlands office: +31 20 3699870 / Luxembourg office: +352 2033 1266 / Dubai office: +971 44 570346
  • Email: info@3s.money
  • Live Chat
  • Client manager who can support with payment processing, foreign exchange, opening new accounts, and more
  • FAQ page

3S Money Customer Support Rating is 5/5

3S Money’s customer support system shoes a well-rounded approach, with multiple channels catering to different customer needs and preferences.

The presence of physical offices, dedicated phone support in various locations, and client managers indicate a strong commitment to customer service, especially for an international clientele. Moreover, digital support options like email, live chat, and FAQ page, all contribute to enhanced flexibility and convenience for clients. Therefore, we rate 3S Money’s customer support 5 out of 5.

Requirements for Opening a 3S Money Account

3S Money offers services to businesses only. From family businesses to large enterprises operating around the world can open business accounts with 3S Money.


The company accepts businesses from 190+ countries globally, but it is unable to work with businesses from specific countries.

Here is a list of restricted countries.

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

Also, your business shall not engage with prohibited industries, including

  • Adult products
  • Atomic power
  • Cannabis and CBD products
  • Chemicals and allied products
  • Cryptocurrency
  • Gambling
  • Political and religious organisations
  • Weapons

Required Documents

3S Money expects applicants to submit the following documentation to complete the account application.

For all directors, major shareholders, and account admins.

For the Company, 3S Money needs

  • Company Registry Extract (no older than 6 months)
  • A document confirming the good standing of the company, management, and shareholding structure
  • Shareholder Register (a PDF file)

Once you are ready to apply for an account, visit their registration page to enter your information and submit the required documents.

The 3S Money team will get in touch with you to conduct compliance checks. If your application is approved, you will be assigned a Client Manager who will assist you in finalising your account details, creating any local IBANs required, and guiding you through your initial transfer (if needed).

The Ease of Opening an Account Rating for 3S Money is 4.5/5

3S Money provides a convenient and easy-to-use online account opening process. The website clearly states the requirements for opening an account. However, the unclear account opening time may cause some inconvenience in terms of business planning and decision-making process. As a result, we rate this aspect with a score of 4.5 out of 5.

3S Money Alternatives

  3S Money logo Statrys logo Wise logo
Multi-currency Business Account yes yes yes
Supported Currencies in Business Accounts 65+ currencies 11 currencies, including SGD, HKD, USD, RMB, EUR, GBP, AUD, CAD, NZD, JPY, CHF 40+ currencies
Eligible Countries 190+ countries Hong Kong, Singapore, and the BVI 170+ countries
SWIFT Payments  yes yes yes
SWIFT Payment Tracking No information available yes yes
Account Monthly Fee USD 100 (with client manager)  Free (if 5 or more outgoing transfers made in the month) Free
Required Minimum Account Balance yes no no
Account Opening Time No information available 3 business days 2 - 10 days
Cards  no Applicable physical and virtual cards Applicable physical and virtual cards
ATM Withdrawal no yes yes
Expense Management no yes yes
Accounting Software Integration yes yes yes
FX Rates and Fees No information available Based on mid-market rate + as low as 0.1% fee Based on mid-market rate + starting from 0.42% fee
Trustpilot Reviews 4.7/5 based on 732 reviews 4.6/5 based on 253 reviews 4.2/5 based on 207,362 reviews
Customer Support Channel Help centre, Live chat, Email, Physical offices, Phone. Website, Email, Phone, Live chat, WhatsApp, WeChat Help centre, Email, Phone

💡 Tip: Find which business account best fits your business needs by answering our short quiz.

A dropdown of some supported currencies by the Statrys business account.


What is 3S Money?

3s Money is a UK-based fintech company founded in 2018 that aims to simplify international trade by providing multi-currency business accounts supporting cross-border businesses.

Is 3S Money a bank?


What services does 3S Money offer?



More info

Statrys does not directly compete with 3S Money because we do not provide business accounts in the UK and the EU. However, we're committed to providing an unbiased, thorough review to help you make an informed choice.

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