While many traditional banks impose restrictions on crypto transactions, a select group of institutions has recognized the synergy between traditional banking and the burgeoning world of digital assets. They allow customers to buy, sell and trade cryptos directly using their bank accounts without restrictions.

Crypto-Friendly Banks in the UK: The Best Options for 2025

As a result, these institutions are known as the Best Crypto-Friendly Banks UK. In contrast, traditional banks like TSB have been known to flag or decline transactions made to centralised exchanges and can make it difficult for cryptocurrency investors to use their account freely. However, the relationship between banks and cryptocurrency investors has gotten much better in recent times and it is now possible to find a crypto-friendly bank that will allow you to transfer money with ease to cryptocurrency exchanges.

Amongst the most crypto-friendly banks in the UK are Monzo and Revolut. Both of these challenger banks are extremely easy to set up and require a few bits of personal information including a selfie, and then you’re good to go. Monzo is particularly popular with crypto investors, as it allows users to buy cryptocurrencies on a number of different exchanges using their bank account. However, it does state that some purchases may be restricted on a payment-by-payment basis, depending on how risky they are at the time. Similarly, Revolut is also known to support crypto purchases on most exchanges, though it does restrict transfers to some sites such as Binance due to security concerns.