Fully Licensed EU Bank • Visa & Mastercard Principal Member

Personalised Virtual IBANs

Simplify customer payment flows with dedicated Virtual IBANs linked to your Magnetiq Bank Master Account. Available to eligible EU-regulated businesses.
Personalised Virtual IBANs for streamlined customer payment management

A dedicated
Virtual IBAN for
every customer

Assign a unique Virtual IBAN to each individual or corporate customer without opening a separate bank account for every customer.

All Virtual IBANs are linked to your Master Account, giving customers a dedicated payment identifier while keeping payment management centralised.

Send and receive
EUR payments

  • SEPA
  • SEPA Instant
  • TARGET

Support incoming and outgoing EUR payments through each customer’s dedicated Virtual IBAN.

Know where
payments belong

Easily associate incoming and outgoing payments with the relevant customer and simplify reconciliation.

Dedicated Virtual IBANs help you identify customer payments and manage payment flows more efficiently.

Manage Virtual IBANs
through our API

  • Request Virtual IBANs
  • Manage Virtual IBANs
  • Monitor Virtual IBAN status
  • Receive status updates via webhooks

Integrate Personalised Virtual IBANs into your existing payment infrastructure using Magnetiq Bank’s API.

Built for businesses
managing customer
payments

  • Payment Institutions (PIs)
  • Money Service Businesses (MSBs)
  • Electronic Money Institutions (EMIs)
  • Crypto service providers

Available to eligible licensed and regulated businesses registered in the European Union, supporting both individual and corporate customers.