One platform, numerous banking institutions.
What exactly is Monneo? Monneo is just a Virtual IBAN provider, using the services of a community 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 reports and electronic repayment solutions throughout the world.
Several IBANs & worldwide re re re re re payments through one program
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 payments through:
- SWIFT multi-currency for worldwide re re payments
- SEPA Euro inside 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 though reports are supplied by numerous banking institutions:
- Solitary log-in for a complete view across almost all their digital IBAN records, organizations and teams
- Assign various individual access to various IBANвЂ™s
- Set rules at user-level
And a contactless MasterCard
Merchants can request to issue real Mastercard debit cards to workers to allow them to access the organizationвЂ™s funds. To ultimately achieve the many efficient cashflow, Monneo determines available funds in line with the merchantвЂ™s aggregated balance of most their reports across every Monneo bank partner.
Services are put up in less than one week provided that the businesses are situated in the European Union.
Merchants can put on directly for virtual IBANвЂ™s through Monneo here. Today Apply
Monneo for lovers
Monneo is just a way that is new PSPs, ISOs and Gateway providers to supply electronic banking solutions to online merchants.
The digital IBANs offered to your merchants through Monneo are sourced from the community of leading European banking institutions. All of them are active SWIFT users which means that your merchants will transact with A bic that is live by SWIFT in place of a passive BIC released by nationwide banking institutions to businesses by having a Payments Institution licence.
Make contact for more information
solitary or numerous
solitary graphical user interface
numerous Virtual IBAN’s
Most frequently expected concerns
What’s a Virtual IBAN?
A Virtual IBAN is just a regular iban operationally. The Virtual IBANвЂ™s issued via Monneo are linked to a safeguarded bank records isolating customer funds from MonneoвЂ™s 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 (business to client), C2B (consumer to company) or any other institutions that are financial.
Is the IBAN that is virtual on companyвЂ™s title?
Exactly what are forbidden companies?
Monneo doesn’t accept customers running in areas such as for instance: cryptocurrency, unregulated forex, unregulated video video gaming, offshore/tax heavens etc. Consumers are evaluated and examined instance by instance by MonneoвЂ™s conformity.
Who provides/ problems the Virtual IBAN?
Monneo works together with a community of banking institutions that issue the Virtual IBANвЂ™s, the IBANвЂ™s you would get are released by banking institutions which Monneo is together with.
Can we get yourself a Virtual IBAN from numerous banking institutions?
Yes, based on your own enterprize model we might give you the matching banks that are supporting then you can select with which bank(s) you intend to assist.
Is Monneo economically regulated?
Yes, Monneo is controlled because of the Financial Conduct Authority (FCA) in the uk as an Authorised Payment Institution. Our guide quantity is: 802210.
What exactly is a safeguarding banking account?
A safeguarding banking account is a merchant account made to run customer funds just. Customer funds may not be accessed by any party that is third are disconnected from Monneo’s organizations funds. Into the not likely instance of every monetary defaults by Monneo, your client funds held into the safeguarding bank account have reached all times guaranteed.