VIRTUAL IBANS Virtual IBANS, fully supported
Our payment accounts can now be partitioned into any number of sub-accounts that you can label with your clients’ names, identified individually by virtual IBANs, which roll up to your account’s main IBAN. to the IBAN identifiers used in traditional fiat account payments. by BCB Group infastructure, are an important enhancement
Key Benefits Reduce payment rejections Better experience for your customers
Reduce Risk Compliance and anti-money laundering challenges are reduced, through clear segregation and improved transparency of funds.
Improve open banking settlement Faster payments Smoother transactions Trade cross border
Cut Costs Our vIBANs cut costs and complexity, giving businesses time back to focus on strategic goals and other vital corporate tasks. Secure Enhancement of security through account privacy and reduction of manual processing.
Activate Virtual IBANS for your business Speak to your BCB customer service representative or visit bcbgroup.com to find out more.
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