Personalised Virtual IBANs
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.
Explore More
of Our Solutions
info@magnetiqbank.com