Open a European Business IBAN Account
Looking to streamline your business operations in the EU? Open a European Business IBAN Account and enjoy fast transactions with no hidden fees or delays.
International Transfers in Seconds
Transfer and receive EUR funds effortlessly across Europe and beyond, allowing your business to operate without geographical or financial barriers.
No Currency Conversion Fees
Send euro payments directly to your partners or suppliers, bypassing costly currency conversion fees and additional charges. When needed, convert euros into pounds at the current exchange rate.
SEPA & SEPA Instant Payments
No more declined payments and waiting for days. With SEPA & SEPA Instant payments, your transactions are processed almost immediately across more than 36 countries.
Why Choose Transferra EU IBAN
An EU account in the UK allows your business to operate smoothly across Europe by accepting payments in local currency.
There are no hidden fees or minimum transaction thresholds. Transferra provides a transparent, straightforward solution.
Set up a European IBAN account from anywhere — no physical presence in Europe required.
What is EU IBAN?
Once your account is active, you will be issued a unique International Bank Account Number (IBAN).
The IBAN is a standard used by European financial institutions for international payments and consists of up to 34 characters, including the country code, check digits, and your specific bank account number. With that you can make seamless Eurozone transactions via SEPA within seconds.
Easily Open a European IBAN Account at Transferra
With Transferra, you can open an EU account online without visiting a branch.
Get started with the online onboarding process
Submit the required supporting documents
Meet your personal Dedicated Account Manager
Start using Transferra platform and enjoy all benefits
Real-Time Payments, Real Business Power
SEPA Instant isn’t just about speed, it’s about control and flexibility. Businesses can send and receive payments across Europe in seconds, 24/7, even on weekends and holidays.
Instantly pay employees, settle invoices, or cover surprise expenses without waiting or worrying.
Frequently Asked Questions
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Can You Open a European Account in the UK?
Yes, with Transferra, it is possible to open an EU IBAN account in the UK. As a UK-based financial institution, we provide seamless access to European IBANs for individuals and businesses, what allows you to manage your international transactions.
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What are the advantages of having an EU IBAN account in the UK?
The main benefit is that an EU IBAN account in the UK allows you to make transactions without cross-border additional fees or delays. It’s an ideal solution for receiving payments from European clients, making transfers through SEPA, or conducting business in the EU without needing a physical European presence.
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Will my EU IBAN account be subject to Brexit-related restrictions?
No. Even though the UK is no longer part of the European Union, Transferra offers EU IBANs that are fully functional within the SEPA network. This guarantees that you can make euro transfers across Europe without Brexit-related issues.
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Can I send and receive SEPA payments with an EU IBAN?
Yes, Transferra’s EU IBAN accounts are SEPA-friendly, allowing you to send and receive SEPA transfers across the European Union and other SEPA member countries.