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Published 02 December 2022
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Fair Everywhere Business Account Review

Fair Everywhere, part of FairFX, provides international business banking solutions.

Many or all of the products and brands we promote and feature including our ‘Partner Spotlights’ are from our partners who compensate us. However, this does not influence our editorial opinion found in articles, reviews and our ‘Best’ tables. Our opinion is our own. Read more on our methodology here.

Fair Everywhere, part of FairFX, provides international business banking solutions.

Aimed at small- and medium-sized businesses in the UK, Fair Everywhere offers a single business account with a one-size-fits-all pricing structure. There is a focus on currency exchange, though this account has many other features you may expect from either a traditional or an online-only provider.

Below, we look at the features of a Fair Everywhere business account.

Pros and cons of Fair Everywhere

There are a number of things to think about before opening a business account. It is worth weighing up the pros and cons before coming to a decision.

Pros of Fair Everywhere

  • online application process – your account could be opened the same day
  • cash and cheque deposits (cheque deposits are subject to a fee)
  • the ability to hold euros, US dollars and GB pounds in the same account
  • multiple cards available for each account, with the ability to set limits

Cons of Fair Everywhere

  • limited customer support available
  • fees per transaction in addition to a monthly fee
  • no overdrafts available

In addition, it’s worth checking the list of prohibited industries in the account’s terms and conditions, as Fair Everywhere does not accept every type of business.

» MORE: Why choose an online business account?

What plans and services does Fair Everywhere offer?

Fair Everywhere offers one type of business account, designed for small- and medium-sized enterprises in the UK. This includes sole traders, partnerships and limited companies.

The Fair Everywhere business account can be managed online or via a mobile app, similar to many challenger bank accounts. It is aimed at businesses who do not use cash or cheques often. That said, it is possible to deposit cash and cheques at Barclays branches. Cash deposits are free, while cheque deposits incur a fee.

What features does Fair Everywhere offer customers?

Fair Everywhere business accounts come with a range of features, such as:

  • a prepaid Mastercard
  • ability to hold multiple currencies in the same account
  • electronic transfers in and out
  • direct debits and standing orders
  • cheque and cash deposits at Barclays branches
  • mobile money management via the Fair Everywhere app
  • ability to make international payments in the local currency
  • up to 8% cashback when you spend at selected UK retailers
  • online application process

» MORE: How to open a business bank account in the UK

What do other Fair Everywhere reviews say?

At the time of writing, there were only a few reviews of Fair Everywhere’s app.

  • Trustpilot: 2.5 out of 5, based on nine reviews, with 22% rating it as ‘5-star’ and 67% as ‘1-star’.
  • Apple App Store: 3 out of 5, based on two reviews.
  • Google Play: 3.9 out of 5, based on seven reviews.

This information is correct as of 2 December 2022.


Fair Everywhere business accounts offer a money management solution for small- and medium-sized businesses that want an online-first account. They offer many of the features you would expect from a business account, alongside the ability to keep track of transactions via a mobile app or online.

If you want to make transactions in multiple currencies without needing to switch between accounts, then a Fair Everywhere account could be an option for your business. However, if you would like in-person support at a branch or the ability to use an overdraft, then this account may not work for you.

Before choosing a business account, it’s important to weigh up your options to work out which account may be best for your circumstances.

Fair Everywhere Business Account FAQs

Who is Fair Everywhere?

Fair Everywhere is an electronic money (e-money) provider that offers business accounts to small- and medium-sized enterprises in the UK.

What are the business accounts from Fair Everywhere?

Fair Everywhere offers one type of business account for both small- and medium-sized businesses in the UK. It is an electronic money (e-money) account open to sole traders, limited companies and partnerships.

Is Fair Everywhere a bank?

No, Fair Everywhere is not a bank. It is an electronic money (e-money) payment provider. However, it does provide business banking services, such as transfers in and out of the account and the ability to pay by debit card.

Is my money safe with Fair Everywhere?

If Fair Everywhere were to fail, your money is not protected by the Financial Services Compensation Scheme (FSCS). This scheme protects deposits of up to £85,000 (£170,000 for joint accounts) held by banks and building societies registered with the Financial Conduct Authority (FCA).

As Fair Everywhere is not a bank, your money is not covered by this guarantee. However, Fair Everywhere is authorised and regulated by the Financial Conduct Authority.

In addition, Fair Everywhere is required to follow Electronic Money Regulations, which means your money should be safeguarded by the provider, either by keeping it in a separate bank account to its own or insuring it against loss. Fair Everywhere holds clients’ money in a safeguarded account with its banking provider.

How does a Fair Everywhere business account work?

A Fair Everywhere business account works in much the same way as any other current account. For example, you can make payments in store or withdraw cash from ATMs using your debit card, or set up transfers and standing orders online.

You can manage the account on the Fair Everywhere website, or via the mobile app. Some transactions can also be arranged over the phone, for a higher fee.

What can I use a Fair Everywhere business account for?

International transactions are one of Fair Everywhere’s main focus points. You can use its business account to make and receive payments in a number of currencies from the same account, with euro, dollar and sterling wallets available.

You can also use a Fair Everywhere business account for day-to-day banking tasks such as direct debits, bank transfers and cash withdrawals.

Who can apply for a Fair Everywhere business account?

If you run a small- or medium-sized business in the UK, you can apply to open a Fair Everywhere business account. This includes sole traders, business partnerships and limited companies.

What details will I need for my Fair Everywhere application?

To apply for a Fair Everywhere business account, you may need to provide the following information:

  • personal details, such as your name, date of birth and home address
  • contact details, such as a phone number or email address
  • details of any partners, directors, employees or shareholders that your business may have
  • business information, such as registered address, Companies House registration (if applicable) and proof of trading activity
How can I manage my Fair Everywhere business banking account?

You can manage your Fair Everywhere business account online, or via the mobile app. You may also be able to organise certain transactions over the phone, though you may incur a higher fee.

Does Fair Everywhere offer traditional support?

Fair Everywhere is based online and therefore does not offer traditional in-branch support.

However, support is available via phone or web chat. You can also send an email or a tweet to get in contact with the support team.

How do I apply for a Fair Everywhere business account?

If you are ready to apply for a Fair Everywhere business account, you can fill in an application form via the Fair Everywhere website.

Review methodology

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Our reviews may display lenders’ rates. This additional information has not been included in our evaluations but is still very important when choosing a product. Rates offered can depend on circumstances, amount and term. Always check details before proceeding with any financial product.

Product details reflect the information that was available at that time but may have changed since. We strive to give you a review on as many products as possible, but there will be products not included on the market. The review is our opinion, but it does not constitute advice, recommendation or suitability for your financial circumstances.

You can view our full review methodology here.

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