One platform, numerous banking institutions.
What exactly is Monneo? Monneo is a Virtual IBAN provider, dealing with 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 is able to offer digital IBAN records and electronic repayment solutions across the world.
Several IBANs & worldwide re payments through one user interface
Monneo unlocks option for e commerce merchants. Through an individual Monneo that is reliable interface merchants have access to digital IBANs offered through 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 re re re payments
- SEPA Euro in the Euro area
- GBP Faster Payments and CHAPS in britain
- FX re re Payments in 134 currencies
Solitary log-in for multi-IBAN reporting
Merchants can monitor and get a grip on use of one log-in to their reporting, even though reports are supplied by numerous banking institutions:
- Solitary log-in for the view that is complete all of their digital IBAN records, organizations 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 for them to access the organization’s funds. To attain the many cashflow that is efficient Monneo determines available funds in line with the merchant’s aggregated balance of all of the their records across every Monneo bank partner.
Services could be put up in as low as one week provided that the businesses are situated in europe.
Merchants can put on straight for virtual IBAN’s through Monneo here. Apply today
Monneo for lovers
Monneo is just a way that is new PSPs, ISOs and Gateway providers to produce electronic banking services to online merchants.
The IBANs that is virtual available your merchants through Monneo are sourced from a system of leading European banking institutions. All of them are active SWIFT people which means that your merchants will transact with a real time bic given by SWIFT in the place of a passive BIC given by nationwide banking institutions to organizations having a Payments Institution licence.
Get in contact to learn more
your business
solitary or numerous
Monneo
solitary graphical user interface
Banking system
numerous Virtual IBAN’s
Most frequently expected concerns
What’s a Virtual IBAN?
A Virtual IBAN is just a regular iban operationally. The Virtual IBAN’s issued via Monneo are attached to a safeguarded bank reports isolating customer funds from Monneo’s very very own funds therefore securing customer funds all of 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 client), C2B (consumer to company) or other institutions that are financial.
Is the digital IBAN to my company’s title?
Yes, the Virtual IBAN is granted to your organization, on your own company’s title. Getting funds is always to beneficiary: “Your company title LTD”.
What exactly are forbidden companies?
Monneo will not accept customers running in areas such as for example: cryptocurrency, unregulated forex, unregulated video gaming, offshore/tax heavens etc. customers are evaluated and examined situation by instance by Monneo’s conformity.
Who provides issues that are 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 together with.
Can a Virtual is obtained by me IBAN from numerous banking institutions?
Yes, based in your business structure we might provide you with the matching banks that are supporting then you’re able to select with which bank(s) you want to make use of.
Is Monneo economically regulated?
Yes, Monneo is controlled 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 is not accessed by any party that is third are disconnected from Monneo’s organizations funds. Into the unlikely instance of every economic defaults by Monneo, your client funds held when 
you look at the safeguarding bank account are in all times guaranteed.