Your comprehensive payment partner

 

TomPayment provides dedicated EUR IBAN, GBP sort code, and USD accounts.

 

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Seamlessly Open Your Account Anytime, Anywhere

 

At TomPayment, we recognise that convenience and accessibility matter when managing day-to-day financial activity. TomPayment offers remote account application for eligible individual and business clients, allowing you to begin the onboarding process online. Account opening and access to services are subject to verification, compliance checks, eligibility and service availability.

 

 

 

 

 

Individual Account

Eligible individuals can apply for an account remotely through TomPayment’s online platform. The application process allows you to submit the required information and supporting documentation securely as part of onboarding. Account opening is subject to verification, compliance checks, eligibility and service availability, and may vary depending on the services requested.

 

Business Account

Eligible businesses can apply for an account remotely through TomPayment’s online platform. TomPayment supports business clients through a digital onboarding process designed to collect the information required for account review and setup. Account opening is subject to verification, compliance checks, eligibility, internal assessment and service availability.

 

 

Open account

 

 

TomPayment provides a range of debit card options for individuals and businesses:

 

 

Individual debit card

 

 

Individual GBP Debit Cards

Enjoy the convenience of a GBP debit card for personal transactions.

Order card

 

Corporate debit card

 

 

Corporate GBP Debit Cards

Streamline your business transactions with our corporate GBP debit cards.

Get your card

 

 

Our Services

 

 

Dedicated Currency Accounts

TomPayment offers dedicated currency accounts to meet your specific financial needs.

 

EUR IBAN Accounts

Enjoy the benefits of a dedicated EUR IBAN account for seamless Euro transactions.

 

GBP Sort Code Accounts

Conduct transactions effortlessly with our dedicated GBP sort code accounts.

 

USD Accounts

Experience the flexibility of USD accounts for your international transactions.

 

Efficient Transfers

Enjoy swift and convenient fund transfers through our specialised services.

 

SEPA Transfers

Utilise SEPA (Single Euro Payments Area) transfers for efficient Euro transactions within the SEPA region.

 

SEPA Instant Transfers

Use SEPA Instant for faster EUR transfers where available

 

Global SWIFT Services

Access our SWIFT services for international transactions with applicable exchange rates and fees

 

GBP SWIFT Services

Conduct secure and reliable transactions in British Pounds globally.

 

USD SWIFT Services

Explore international transactions in US Dollars with applicable exchange rates and fees

 

EUR SWIFT Services

Seamlessly transfer funds in Euros across borders with our EUR SWIFT services

 

Zero-fee transaction between TomPayment accounts

Make transfers between TomPayment users with no TomPayment transfer fees

 

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Unlock Global Possibilities with TomPayment's Foreign Exchange Service

 

Foreign Exchange Services with TomPayment. TomPayment provides foreign exchange services for selected currencies to eligible clients, supporting international payment needs where the relevant service is available. Foreign exchange transactions are subject to applicable exchange rates, fees, onboarding, compliance checks and operational availability at the time of the transaction.

 

Currency exchange

 

 

 

 

 

 

Security at TomPayment

 

TomPayment applies security controls and operational measures designed to support the protection of client data and payment services. These measures form part of TomPayment’s broader security framework and are intended to support the confidentiality, integrity and reliability of relevant systems and information.

 

Security details

 

 

FAQ

General Questions

An Electronic Money Institution, or EMI, is a regulated firm that provides e-money and payment services. An EMI is not a bank and does not take deposits. Relevant client funds are safeguarded in accordance with applicable regulations.

You can apply for an account through TomPayment’s online application process by following the guided onboarding steps and providing the requested information and supporting documents. Account opening is subject to verification, compliance checks, eligibility and service availability, and access to services will depend on the outcome of the onboarding review.

TomPayment supports selected currencies, including EUR, GBP and USD, depending on the relevant service and transaction type. The availability of specific currencies may vary based on the product used, the destination or payment route, and applicable onboarding, compliance and operational requirements.

Absolutely. TomPayment offers international money transfer services through SEPA and SWIFT. Enjoy swift and secure transfers in multiple currencies to destinations around the world.

SEPA, or the Single Euro Payments Area, is a payment integration initiative in the European Union. It enables seamless and standardised Euro transactions across participating countries, making transfers within the Eurozone fast and cost-effective.

Certainly. TomPayment provides both individual and corporate debit cards in GBP. Enjoy the convenience of a physical or virtual card for seamless online and in-store transactions.

You can reach our customer support team by emailing info@tompayment.com or calling +44 01273 443842. Our dedicated support staff is available to assist you with any inquiries or concerns.

SEPA transfers are designed for Euro transactions within the SEPA region, offering fast and cost-effective transfers. On the other hand, SWIFT transfers are used for international transactions in various currencies, providing a global reach.

Yes. TomPayment’s online platform can be accessed through compatible mobile browsers, allowing you to review and use supported account features while on the go. Access to specific functionality may depend on the service used, device compatibility, technical availability and applicable security requirements.

Security & Safeguarding

As a UK-regulated Electronic Money Institution (EMI), Tompay is required by law to safeguard your funds.

This means that 100% of your funds are kept in designated safeguarding accounts, completely separate from Tompay’s own funds. We cannot use your money to run our company or pay our bills.

Safeguarding is a regulatory requirement for EMIs.

Tompay does not function like a traditional bank and does not lend your money. Instead, your funds are held in safeguarded accounts and kept fully separate from company funds.

No. The Financial Services Compensation Scheme (FSCS) applies to traditional banks. Because Tompay is an EMI, we protect your money through safeguarding instead.

While FSCS protection is limited (up to £120,000 per person), safeguarding ensures that the entire balance is kept separate and protected.

We hold customer funds with highly rated, authorised credit institutions.

To minimise risk, funds may be diversified across multiple Tier 1 banks in the UK, EU and Switzerland.

In the unlikely event of insolvency, your funds remain protected. Because they are held in safeguarded accounts, they are legally separated from Tompay’s own assets and cannot be used to pay company creditors.

An independent insolvency practitioner would return the safeguarded funds to customers as a priority.

Tompay is regulated by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011 and the Payment Services Regulations 2017.

We apply strict controls, including:

  • Daily reconciliation of customer funds
  • Independent annual audits

These measures ensure compliance with safeguarding requirements.

Under UK law, if an EMI becomes insolvent, the costs of the insolvency process may be deducted from the total pool of safeguarded funds.

This applies only to the process of returning funds to customers.