Can I open a Calmony account if my business is a partnership?

Not currently. Griffin, the bank that provides Calmony client bank accounts, does not support partnership-type companies, and there's no indication this will change in the near term. Partnerships can use CalmonyPay instead, which is an Electronic Money Institution (EMI) account powered by Modulr.

This limitation has been raised with Griffin as a business case, and whilst they are aware of the request, it is not currently on their product roadmap. As a result, we are unable to provide an estimated timeframe for when - or whether - this will change.

What partnerships can do instead

Whilst a CalmonyPay account differs from a traditional client bank account, it allows partnerships to manage client money through Calmony whilst Griffin support remains unavailable.

If you are unsure whether a CalmonyPay account is suitable for your needs, or would like to discuss your options, please get in touch with the Calmony support team at support@calmony.co