IBAN ACCOUNT
Efficiency is the Key
Use one IBAN number across 24 currencies. Send and settle payments through SEPA and the SWIFT network. Improve payments acceptance, settlement times and reconciliation.
BENEFITS
Offer collection-only, payout-only or fully transactional IBANs
Generate vIBANs in bulk (under one main account)
Send bulk payments from multiple IBANs or send and receive single payments
See credits and debits for each IBAN
Convenient IBAN account setup
Ability to leverage the iBAN-X network to make and receive payments instantly
Your single multi-currency IBAN
Technological
Capture the increasingly global consumer base
Convenient
Unique, named multi-currency accounts all from one API with no need to manage multiple providers
Efficient
Pay your suppliers, business partners, and employees all over the world in a wide selection of currencies
Practical
Open one single multi-currency account supporting 24 currencies
For PSP's
Allocate your wallet functionality to a multicurrency IBAN. One wallet per IBAN.
Take control of the foreign exchange conversions.
For Issuers
Collect funds from card consumers and corporate customers by allocating a multiple currency IBAN to the loading party.
As an issuer or program manager, you can now reconcile funds while providing real-time credit confirmation to your customers.
For Marketplaces
Virtual account functionality to a multicurrency IBAN.
Allow global trading ambitions, by reducing the operational cost of transactions and improving profitability.
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View and report on all customers' activity in one place.
For Businesses
Focus on scaling up by reducing the time to market.
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Reduce overhead cost per transaction.
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Allow flexible payment methodology via iBAN-X platform or via the API.