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 straight straight down legacy obstacles and connect online merchants with leading European banking institutions who is able to offer digital IBAN reports and payment that is digital around the globe.
Several IBANs & worldwide re re re re re payments through one software
Monneo unlocks option for e commerce merchants. Through an individual dependable Monneo user interface, merchants have access to digital IBANs offered through a system of leading European banking institutions that help inbound and outbound worldwide re re payments through:
- SWIFT multi-currency for worldwide re re re re payments
- SEPA Euro inside the Euro area
- GBP Faster Payments and CHAPS in the united kingdom
- FX re re re Payments in 134 currencies
Solitary log-in for multi-IBAN reporting
Merchants can monitor and get a grip on usage of one log-in to their reporting, even though records 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 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 so that they can access the business’s funds. To ultimately achieve 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 is 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 brand new means for 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 users so that your merchants will transact using A bic that is live by SWIFT instead of a passive BIC granted by nationwide banking institutions to organizations by having a Payments Institution licence.
Make 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 just a regular iban operationally. The Virtual IBAN’s issued via Monneo are attached to a safeguarded bank records breaking up customer funds from Monneo’s very very own funds therefore securing customer funds all of the time.
Who are able to submit an application for a Virtual IBAN?
Monneo solutions EEA based, B2B clients (business to company). Monneo will not offer solutions to B2C (company to consumer), C2B (consumer to company) or other banking institutions.
Is the digital IBAN back at my company’s title?
Yes, the Virtual IBAN is released to your business, in your company’s title. getting funds is always to beneficiary: “Your business title LTD”.
Exactly what are forbidden companies?
Monneo will not accept consumers running in areas such as for instance: cryptocurrency, unregulated forex, unregulated gaming, offshore/tax heavens etc. customers are evaluated and assessed instance by instance by Monneo’s compliance.
Who provides issues that are Virtual IBAN?
Monneo works together with a system 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 we get yourself a Virtual IBAN from numerous banking institutions?
Yes, based on the business design we might give you the matching supporting banks, then you’re able to select with which bank(s) you intend to make use of.
Is Monneo economically regulated?
Yes, Monneo is managed by 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 alternative party and are disconnected from Monneo’s organizations funds. Within the not likely situation of every economic defaults by Monneo, your client asiandate funds held into the safeguarding bank account have reached all times guaranteed.
