One platform, numerous banking institutions.

What’s Monneo? Monneo is just a Virtual IBAN provider, dealing with a community of European based banks. Monneo provides e-commerce merchants with numerous bank reports 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 payment that is digital all over the world.

Several IBANs & worldwide re re re re payments through one screen

Monneo unlocks option for e commerce merchants. Through just one Monneo that is reliable interface merchants have access to digital IBANs offered via a system of leading European banking institutions that help inbound and outbound worldwide re re re payments through:

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

Solitary log-in for multi-IBAN reporting

Merchants can monitor and get a handle on usage of one log-in to their reporting, even though reports are offered by numerous banking institutions:

• Solitary log-in for a view that is complete each of their digital IBAN records, organizations and groups
• 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 allow them to access the organization’s funds. To ultimately achieve the many cashflow that is efficient 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 may be put up in as low as one week provided that the businesses are situated in europe.

Merchants can use straight for virtual IBAN’s through Monneo here. Today Apply

Monneo for lovers

Monneo is just a way that is new PSPs, ISOs and Gateway providers to produce 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. All of them are active SWIFT people which means that your merchants will transact using A bic that is live by SWIFT as opposed to a passive BIC released by nationwide banking institutions to businesses with a Payments Institution licence.

Get in contact for more information

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

Who are 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 (consumer to company) or other banking institutions.

Is the IBAN that is virtual on company’s title?

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

What exactly are forbidden companies?

Monneo will not accept consumers running in areas such as for example: cryptocurrency, unregulated forex, unregulated video video gaming, offshore/tax heavens etc. customers are evaluated victoria milan and assessed situation 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 we get yourself a Virtual IBAN from numerous banking institutions?

Yes, based on your own business structure we’d give you the matching banks that are supporting then you can select with which bank(s) you intend to make use of.

Is Monneo economically regulated?

Yes, Monneo is managed because of the Financial Conduct Authority (FCA) in britain being 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 is not accessed by any 3rd party and are disconnected from Monneo’s organizations funds. Into the not likely instance of any economic defaults by Monneo, your client funds held within the safeguarding bank account are in all times guaranteed.