Virtual IBAN provider, electronic re re re re payments for e-commerce and B2B merchants
One platform, numerous friend finder sign in banking institutions.
What exactly is Monneo? Monneo is a Virtual IBAN provider, dealing with a system of European based banks. Monneo provides e-commerce merchants with numerous bank reports at numerous banking institutions. Monneo knows e commerce.
Through our technology platform, we break straight straight down legacy obstacles and connect online merchants with leading European banking institutions who is able to offer digital IBAN reports and electronic repayment solutions throughout the world.
Several IBANs & worldwide re re payments through one screen
Monneo unlocks option for e commerce merchants. Through an individual dependable Monneo screen, merchants have access to digital IBANs supplied through 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 re re payments
- SEPA Euro inside the Euro area
- GBP Faster Payments and CHAPS in britain
- FX re re re re Payments in 134 currencies
Solitary log-in for multi-IBAN reporting
Merchants can monitor and get a grip on use of one log-in to their reporting, even if reports are supplied by numerous banking institutions:
- Solitary log-in for a complete view across all of their digital IBAN reports, organizations and teams
- Assign various individual access to various IBAN’s
- Set rules at user-level
And a contactless MasterCard
Merchants can request to issue Mastercard that is physical debit to workers so that they can access the organization’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 records across every Monneo bank partner.
Services could be put up in as low as 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. Apply today
Monneo for lovers
Monneo is just a way that is new PSPs, ISOs and Gateway providers to produce electronic banking solutions to online merchants.
The digital IBANs offered to your merchants through Monneo are sourced from the system of leading European banking institutions. All of them are active SWIFT users which means that your merchants will transact with a real time bic granted by SWIFT in the place of a passive BIC granted by nationwide banking institutions to organizations with a Payments Institution licence.
Make contact for more information
your business
Multiple or single
Monneo
solitary 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 therefore securing customer funds all of the time.
Who is able to make an application for a Virtual IBAN?
Monneo solutions EEA based, B2B clients (company to company). Monneo doesn’t offer solutions to B2C (company to consumer), C2B (client to company) or other banking institutions.
Is the digital IBAN to my company’s title?
Yes, the Virtual IBAN is released to your business, on your own company’s title. Getting funds is always to beneficiary: “Your business title LTD”.
What exactly are forbidden companies?
Monneo will not accept customers running in industries such as for instance: cryptocurrency, unregulated forex, unregulated video video video gaming, offshore/tax heavens etc. Consumers are evaluated and examined instance by situation by Monneo’s conformity.
Who provides issues that are Virtual IBAN?
Monneo works together a system of banking institutions that issue the Virtual IBAN’s, the IBAN’s you would get are released by banking institutions which Monneo is together with.
Can we get yourself a Virtual IBAN from numerous banking institutions?
Yes, based in your enterprize model we’d give you 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 because of the Financial Conduct Authority (FCA) in the uk being an Authorised Payment Institution. Our guide quantity is: 802210.
What exactly is a bank account that is safeguarding?
A safeguarding banking account is a merchant account built to run customer funds just. Customer funds can’t be accessed by any alternative party and are disconnected from Monneo’s organizations funds. Into the not likely situation of every economic defaults by Monneo, your client funds held into the safeguarding bank account have reached all times guaranteed.
