Virtual IBAN provider, electronic re re payments for e commerce and B2B merchants
Posted on 9.2.2021 in Best Dating Web Site

Virtual IBAN provider, electronic re re payments for e commerce and B2B merchants

One platform, numerous banking institutions.

What’s Monneo? Monneo is just a Virtual IBAN provider, working together with a community of European based banks. Monneo provides e-commerce merchants with numerous bank reports at numerous banks. Monneo knows e-commerce.

Through our technology platform, we break down legacy obstacles and connect online merchants with leading European banking institutions who is able to offer digital IBAN records and electronic repayment solutions across the world.


Several IBANs & worldwide re re payments through one program

Monneo unlocks option for e-commerce merchants. Through an individual Monneo that is reliable interface merchants have access to digital IBANs offered via a system of leading European banking institutions that help inbound and outbound worldwide re re re payments through:

  • SWIFT multi-currency for worldwide re re payments
  • SEPA Euro inside the Euro area
  • GBP Faster Payments and CHAPS in britain
  • FX re re re Payments in 134 currencies

Solitary log-in for multi-IBAN reporting

Merchants can monitor and get a handle on usage of one log-in to their reporting, even though records are offered by numerous banking institutions:

  • Solitary log-in for the view that is complete each of their digital IBAN reports, organizations and teams
  • Assign user that is different to various IBAN’s
  • Set rules at user-level

And a contactless MasterCard

Merchants can request to issue real Mastercard debit cards to workers so that they can access the business’s funds. To attain the many cashflow that is efficient Monneo determines available funds on the basis of the merchant’s aggregated balance of all of the their reports across every Monneo bank partner.

Services could be put up in less than one as long as the companies are based in the European Union week.

Merchants can put on straight for virtual IBAN’s through Monneo here. Today Apply

Monneo for lovers

Monneo is just a way that is new PSPs, ISOs and Gateway providers to supply electronic banking solutions to online merchants.

The IBANs that is virtual available your merchants through Monneo are sourced from the community of leading European banking institutions. They all are active SWIFT users so that your merchants will transact with A bic that is live by SWIFT as opposed to a passive BIC released by nationwide banking institutions to businesses by having a Payments Institution licence.

Get in contact for more information

your business

solitary or numerous


solitary graphical user interface

Banking system

numerous Virtual IBAN’s

Most frequently expected concerns

What exactly is a Virtual IBAN?

A Virtual IBAN is really A iban that is regular operationally. The Virtual IBAN’s issued via Monneo are linked to a safeguarded bank records isolating customer funds from Monneo’s very very very own funds therefore securing customer funds all the time.

Who is able to make an application for a Virtual IBAN?

Monneo solutions EEA based, B2B clients (company to company). Monneo will not offer solutions to B2C (company to client), C2B (consumer to company) or other finance institutions.

Is the IBAN that is virtual on company’s title?

Yes, the Virtual IBAN is released to your organization, in your company’s title. Getting funds should be to beneficiary: “Your business title LTD”.

Exactly what are forbidden companies?

Monneo will not accept customers running in areas such as for example: cryptocurrency, unregulated forex, unregulated video video video video gaming, offshore/tax heavens etc. Consumers are evaluated and assessed situation by situation by Monneo’s conformity.

Who provides issues that are Virtual IBAN?

Monneo works together with a system of banking institutions that issue the Virtual IBAN’s, the IBAN’s you would get are granted by banking institutions which Monneo is together with.

Can we get yourself a Virtual IBAN from numerous banking institutions?

Yes, based on the enterprize model we’d give you the matching supporting banks, then you’re able to select with which bank(s) you want to make use of.

Is Monneo economically regulated?

Yes, Monneo is managed because of the Financial Conduct Authority (FCA) in britain being an Authorised Payment Institution. Our guide quantity is: 802210.

What’s a bank account that is safeguarding?

A safeguarding banking account is a merchant account built to run customer funds just. Customer funds may not be accessed by any 3rd party and are disconnected from Monneo’s organizations funds. Within the not likely instance of every monetary defaults by Monneo, your client funds held into the safeguarding bank account are in all times guaranteed.