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

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

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

One platform, numerous banking institutions.

What exactly is Monneo? Monneo is just a Virtual IBAN provider, dealing with a community 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 down legacy obstacles and connect online merchants with leading European banking institutions who are able to offer digital IBAN records and electronic repayment solutions around the globe.

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 can access digital IBANs offered via a system of leading European banking institutions that help inbound and outbound worldwide re re re re payments through:

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

Solitary log-in for multi-IBAN reporting

Merchants can monitor and get a grip on use of their reporting with one log-in, even if reports are given by numerous banking institutions:

  • Solitary log-in for a complete view across almost all their digital IBAN reports, businesses 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 to enable them to access the organization’s funds. To ultimately achieve the many efficient cashflow, 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 week provided that the businesses are located in europe.

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

Monneo for lovers

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

The digital IBANs offered to your merchants through Monneo are sourced from a system of leading European banking institutions. All of them are active SWIFT users which means that your merchants will transact using A bic that is live by SWIFT in the place of a passive BIC granted by nationwide banking institutions to businesses with a Payments Institution licence.

Get in contact to learn more

your business

Multiple or single

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

Who is able to submit 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 (client to company) or other institutions that are financial.

Is the Virtual IBAN to my company’s title?

Yes, the Virtual IBAN is given to your 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 customers running in areas such as for example: cryptocurrency, unregulated forex, unregulated video video video gaming, offshore/tax heavens etc. Consumers are evaluated and assessed situation by situation by Monneo’s conformity.

Who provides/ problems the Virtual IBAN?

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

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

Yes, based in your business design we might provide you with the matching banks that are supporting you may then select with which bank(s) millionaire match mobile you intend to assist.

Is Monneo economically regulated?

Yes, Monneo is controlled because of the Financial Conduct Authority (FCA) in britain as 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 only. Customer funds is not accessed by any alternative party and are disconnected from Monneo’s organizations funds. Within the not likely instance of every economic defaults by Monneo, your client funds held within the safeguarding bank account are in all times guaranteed.