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

One platform, numerous banking institutions.

What’s Monneo? Monneo is just a Virtual IBAN provider, dealing with a system of European based banks. Monneo provides e-commerce merchants with numerous bank records at numerous banking institutions. Monneo knows e-commerce.

Through our technology platform, we break straight straight straight straight straight down legacy obstacles and connect online merchants with leading European banking institutions who are able to offer digital IBAN reports and payment that is digital all over the world.

Several IBANs & worldwide re re re re payments through one user interface

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

Solitary log-in for multi-IBAN reporting

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

And a contactless MasterCard

Merchants can request to issue Mastercard that is physical debit to workers to enable them to access the business’s funds. To attain the many efficient cashflow, Monneo determines available funds on the basis of the merchant’s aggregated balance of most their reports across every Monneo bank partner.

Services is put up in less than one week provided that the firms are situated in europe.

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

Monneo for lovers

Monneo is really 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 system of leading European banking institutions. They all are active SWIFT users which means that your merchants will transact using a real time bic given by SWIFT as opposed to a passive BIC given by nationwide banking institutions to organizations having a Payments Institution licence.

Make contact to learn more

your organization

solitary or numerous

Monneo

solitary graphical user interface

Banking system

numerous Virtual IBAN’s

Most frequently expected concerns

What exactly is a Virtual IBAN?

A Virtual IBAN is just a regular iban operationally. The Virtual IBAN’s issued via Monneo are linked to a safeguarded bank reports breaking up customer funds from Monneo’s very very very own funds hence securing customer funds all the time.

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

Monneo solutions EEA based, B2B clients http://datingrating.net/brazilcupid-review (company to company). Monneo will not offer solutions to B2C (company to consumer), C2B (client to company) or other institutions that are financial.

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

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

Exactly what are forbidden companies?

Monneo will not accept consumers running in industries such as for instance: cryptocurrency, unregulated forex, unregulated video video gaming, offshore/tax heavens etc. customers are evaluated and examined instance by instance by Monneo’s conformity.

Who provides/ problems the Virtual IBAN?

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

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

Yes, based on the enterprize model we might provide you with the matching supporting banks, after that you can select with which bank(s) you want to assist.

Is Monneo economically regulated?

Yes, Monneo is controlled by 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 free account made to run customer funds just. Customer funds may not be accessed by any party that is third are disconnected from Monneo’s businesses funds. Into the not likely instance of every economic defaults by Monneo, your client funds held into the safeguarding bank account are in all times guaranteed.

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