February 9, 2021 @ 4:15 pm - posted by Aleksey

One platform, numerous banking institutions.

What’s Monneo? Monneo is really 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 down legacy obstacles and connect online merchants with leading European banking institutions who are able to offer digital IBAN records and electronic repayment solutions throughout the world.

Several IBANs & worldwide re re payments through one software

Monneo unlocks option for e-commerce merchants. Through an individual dependable Monneo screen, 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:

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

Solitary log-in for multi-IBAN reporting

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


  • Solitary log-in for a complete view across all of their virtual IBAN records, businesses and teams
  • Assign user that is different to various IBAN’s
  • Set rules at user-level

And a contactless MasterCard

Merchants can request to issue real Mastercard debit cards to workers to enable them to access the business’s funds. To attain the many efficient cashflow, Monneo determines available funds in line with the merchant’s aggregated balance of most their reports across every Monneo bank partner.

Services are 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. Today Apply

Monneo for lovers

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

The IBANs that is virtual available your merchants through Monneo are sourced from a community of leading European banking institutions. They all are active SWIFT people which means that your merchants will transact with a real time bic given by SWIFT as opposed to a passive BIC granted by nationwide banking institutions to businesses having a Payments Institution licence.

Make contact for more information

your organization

solitary or numerous


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 bank that is safeguarded breaking up customer funds from Monneo’s very very very own funds therefore securing customer funds all the time.

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

Monneo solutions EEA based, B2B clients (company to company). Monneo will not offer solutions to B2C (company to consumer), C2B (consumer to company) or other finance institutions.

Is the digital IBAN on my company’s title?

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

What exactly are forbidden companies?

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

Who provides/ problems the Virtual IBAN?

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

Can a Virtual is obtained by me IBAN from numerous banking institutions?

Yes, based in your enterprize model we might provide you with the matching supporting banks, then you’re able to select with which bank(s) you intend to make use of.

Is Monneo financially regulated?

Yes, Monneo is managed because of the Financial Conduct Authority (FCA) in britain as an Authorised Payment Institution. Our guide quantity is: 802210.

What’s a safeguarding banking account?

A safeguarding banking account is a free account made to run customer funds just. Customer funds can’t be accessed by any party that is third are disconnected from Monneo’s organizations funds. The client funds held in the safeguarding bank account are at all times secured in the unlikely case of any financial defaults by Monneo.

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