How do I create an IBAN?

You need to go through four key stages: create an account; verify your data; apply for a UIN; and wait for the registration to be completed. After that, you can use all the system features to work with international partners.

Is IBAN enough to get paid?

No, it's not. You will also need cards to/from which payments will be made, a payment system to process transactions, and financial institutions where funds will be deposited. In addition, it is advisable to have several currency accounts if you plan to receive or send funds in different currencies.

What is the benefit of IBAN?

It allows you to conduct transactions quickly in more than 180 countries. In addition, all financial transactions are secure and completely safe. You don't have to worry about the possibility of interception or diversion of funds, as the transfer process is carried out directly between accounts and identifiers.

Is IBAN better than Swift?

It is not entirely correct to compare these two systems. While SWIFT is an identifier of a financial institution, IBAN is assigned to a specific legal entity. This means that when conducting a transaction, you are not tied to any provider but can use accounts from different financial systems.

Is IBAN the same in all countries?

Not quite. The digital number is common to all, but the identifiers are different and are assigned according to the country of registration of the legal entity, company, etc.

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As companies enter an international market, they need to process multi-currency payments. And while many financial systems are available today, almost all require a universal IBAN account.

Particular attention should be paid to the European sector, where all financial transactions are checked and monitored to prevent corruption. Moreover, an entrepreneur will be banned from operating if they do not have, for example, an IBAN UK account.

Send and receive money without restrictions. Enjoy the benefits of international payment systems, perform all types of transactions, work with multi-currency conversions, and more. Get rid of your dependence on a financial institution with a single IBAN business account of a generally accepted standard.

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Send payments to over 180 countries

Pay and get paid through major channels like SEPA, SWIFT, BACS, CHAPS, and Faster Payments.

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Receive and convert funds in over 35 currencies directly into your account, with instant exchange and full control over your balances.

Virtual Cards with Apple & Google Pay

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Create your account and begin onboarding in minutes

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Submit your documents

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Opening Your Account is Fast and Hassle-Free

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