What are the benefits of using an IBAN account?
What currency can I open an IBAN account in?
It’s a foreign currency account whose number is recognized by the international banking system.
IBAN (International Bank Account Number) consists of: characters denoting the country code (2) in which the bank account is located and the remaining characters: check digits (2), bank name / bank clearing number (depending on the country) and the number customer account (country dependent).
Having an IBAN on our platform will improve your business. Thanks to this solution, your contractors can make payments directly to your account. You can send the same funds to another contractor or to another own account. If you need a different currency, you have access to an online exchange, where you can make a currency conversion and order a transfer to any account.
IBAN accounts are also available to natural persons. This is a great solution for working people who get paid in a foreign currency. Thanks to this, they can easily exchange currency and send their funds to their loved ones, or use our multi-currency card to make current payments.
Detailed information on the costs related to IBAN account can be found in the table of commissions and fees.