How Azimo Business works

How does Azimo Business work?

Whether you’re an entrepreneur, a small business or a sole trader, if you want to know how Azimo Business works, look no further. We’ve put together a step-by-step guide to how Azimo Business transfers work, including how to register for an account and make your first payment. Continue reading to learn more about Azimo Business’ features, security technology and pricing.

Why use Azimo Business 

Making payments is as essential to your business as receiving them. Whether you’re paying suppliers or freelancers, it’s important to choose the right business money transfer provider

With Azimo Business, we charge just one transparent fee that starts as low as £0.99p. 

Azimo Business is 75% cheaper than banks and other providers, and your company could save up to £1,000 per year on business payments

To see how much your business could save, take a look at our price comparison table. Compare the price of business payments with the likes of HSBC, NatWest and PayPal.

We’re able to offer such low-cost transfers because we’re a digital provider. We don’t pay for expensive high street stores, and we pass the savings on to you.

Ready to make your first business payment? Great. Get ready by reading our article on eight things you should know before your first Azimo Business transfer.

How to register with Azimo Business

Registering for an Azimo Business account is quick and easy. In fact, you can register with Azimo Business in less than three minutes. Go to or download the Azimo app on iOS or Android to get started. All you need are:

  • A business email address. 
  • A password of your choice.
  • Your first and last name as they appear on your ID.
  • Your mobile phone number and address.
  • Your date of birth.

Once we’ve verified your details, we’ll send you a confirmation email.

We’ll then need some details about the nature of your business. For example, are you a sole trader or is your business: 

  • A trust.
  • A general partnership.
  • A Limited Partnership (LP).
  • A Limited Liability Partnership (LLP).
  • A Limited Company.
  • A company limited by guarantee.
  • A charity.
  • Other.

Depending on your selection, we’ll need the business’ name, Companies House number, or your job title or role. This information helps us keep your account secure and in compliance with financial regulations.

How to check exchange rates with Azimo 

You can check Azimo’s exchange rates in two ways. 

The first is to go to and click on ‘Where are you sending money to?’ to reveal the dropdown menu. Next, select your destination and we’ll take you to the relevant country page where you’ll see Azimo’s live exchange rate.

You can also check out the latest exchange rates on Monito, the independent comparison website. As you’ll see, Azimo’s exchange rates are comparable to mid-market exchange rates, i.e. the fair exchange rate. 

You can check the real-time mid-market exchange rate for your chosen currencies on platforms like Monito, XE and Reuters or by using a search engine.

The other way of checking Azimo’s exchange rates is by using the Azimo app.

How to create a recipient on the Azimo app

If you’re using the website instead, you can skip to the next section. 

When you log into your Azimo account via the Azimo app, click on ‘New transfer’ then ‘Send to someone new’.

You can then enter how much money you want to send and we’ll convert the amount to your chosen currency using our market-leading exchange rate. At the same time, we’ll show you the corresponding delivery methods available for that currency.

After that, tap on ‘Add a recipient’ then ‘Another person’. After that, you’ll need to enter some details. These vary depending on your delivery method and destination country, but for transfers to a bank account you might need:

  • Your recipient’s first and last name.
  • Their email address (optional).
  • Your recipient’s address and city.
  • Your recipient bank account number.
  • Their Account SWIFT-BIC (SWIFT transfers only).
  • Payment reference (optional).

Adding a payment reference is optional, but it’s recommended that you do. For example, you could put the reference as “Spanish translations” or “cotton supplies”, so it’s easier to keep a record of your transfers.

How to create a recipient on the Azimo website

When you log into your Azimo account, click on ‘Add new recipient’.  

Next, we’ll need your ‘Recipient’s country’ from the dropdown menu. Your recipient’s country is the country in which they will receive the money.

You’ll then need to choose which ‘currency’ your recipient will receive.

For example, if you’re paying your suppliers in Poland, you’ll need to select from either Pounds sterling (GBP), euros (EUR), Polish zloty (PLN), Swiss francs (CHF) or US dollars (USD). 

After that, you’ll then see the corresponding delivery methods for each currency. The table below shows you the currency and delivery options for transfers to Poland

Receiving currencyBank depositCash pick-upSWIFT
PLNYes  –

Now you’ve chosen your pick-up currency and delivery method, you can enter your recipient’s details. If you’re sending to a bank account, you’ll usually need some or all of the following details for your recipient: 

  • Full name as it appears on their ID.
  • Email address (optional but recommended).
  • Full address.
  • Bank name.
  • Bank account number.
  • Account SWIFT-BIC (SWIFT transfers only).
  • Mobile number. 

We’ll then ask you ‘How much do you want to send?’ in GBP and show you the corresponding amount in your chosen receiving currency.   

How to pay for your Azimo Business transfer

With your recipient created, all that remains is to pay for your transfer. 

You can pay by bank transfer or credit/debit card. After entering your payment details, we convert your money into the receiving currency at our market-leading exchange rates. 

How to complete your Azimo Business transfer

If everything looks good, tap or click ‘Send money’ and then relax while we take care of your transfer.

We’ll transfer the money to a partner where your recipient lives (usually a bank or cash pick-up provider), who makes the money available to your recipient.

For home delivery and cash-pick ups, your recipient will need to provide a valid ID document when collecting the funds.

How does cash pick-up work on Azimo?

Cash pick-ups are transfers that your recipient can collect as physical cash from over 200,000 secure pick-up locations worldwide.

Azimo works with local partners that process all cash pick-up transfers on our behalf.

Simply choose ‘Cash pick-up’ as the delivery method and then choose the pick-up provider. Once your payment has been processed, both you and the recipient will receive an update with cash pick-up instructions.

How to track your Azimo transfer

As previously mentioned, when you hit ‘Send money’, it’s time for you to sit back and for us to get to work. In the meantime, we’ll update you on your Azimo transfer every step of the way. 

You can keep track of your transfer’s status by:

  • Receiving emails updates.
  • Enabling push notifications.
  • Using a Transfer ID.