Why us ?
FEATURES & BENEFITS
to cater to a wide range of industries, countries and currencies.
Traditionally the solutions available for financial institutions aren’t flexible enough to satisfy the needs of the fintech community. This can result in your having to dedicate more time and energy to managing the suite of products you have been given than you would like. Our team of experts have built a solution that can be tailored to suit your specific requirements. Once you have been assigned a correspondent account, you can link as many virtual IBANs as you want to the account, so that each of your individual customers has been allocated their own unique account. Moreover, there is a flexibility to issue these virtual IBANs in the names of the underlying customers – provided your regulatory status allows that. This allows your business to focus only on that which is necessary and free up time to focus on more important areas within the company.
Virtual IBANs are IBANs (International Bank Account Numbers) that are issued by banks to reroute incoming payments to a physical payment account. In recent years, they have become an essential tool for sending and receiving payments around the world, expanding the reach of financial institutions and reducing the costs associated with performing a large number of transactions. One of the most attractive features of virtual IBANs is that they offer financial institutions all of the same benefits and facilities you would expect from a traditional settlement account, but at a reduced cost. This is because there is none of the hassle associated with opening and managing a physical account – you simply allocate a virtual IBAN to a specific customer, then start sending and receiving payments.
One account — lots of possibilities
A virtual bank account is a trusted instrument for your business or daily expenses. Benefit from multi-currency IBAN accounts for the collection and processing of International and SEPA transfers.