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 reports at numerous banking institutions. Monneo knows e-commerce.
Through our technology platform, we break straight 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 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 community 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 inside 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 handle on use of one log-in to their reporting, even though reports are supplied by numerous banking institutions:
- Solitary log-in for a view that is complete almost all 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 may be put up in as low as one week so long as 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 brand new means for PSPs, ISOs and Gateway providers to provide 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. They all are active SWIFT users which means that your merchants will transact via A bic that is live by SWIFT in place of a passive BIC granted by nationwide banking institutions to organizations having a Payments Institution licence.
Make 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 exactly is a Virtual IBAN?
A Virtual IBAN is really 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 very own funds therefore securing customer funds all 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 back at my company’s title?
Yes, the Virtual IBAN is given to your organization, on the company’s title. Getting funds is always to beneficiary: “Your business title LTD”.
Exactly what are forbidden companies?
Monneo will not accept customers running in industries such as for example: cryptocurrency, unregulated forex, unregulated video video gaming, offshore/tax heavens etc. Consumers are evaluated and assessed instance by situation by Monneo’s conformity.
Who blackcupid 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 granted by banking institutions which Monneo is together with.
Can we get yourself a Virtual IBAN from numerous banking institutions?
Yes, based in your business structure we might offer the matching banks that are supporting then you’re able to select with which bank(s) you intend to make use of.
Is Monneo economically regulated?
Yes, Monneo is controlled because of the Financial Conduct Authority (FCA) in the uk being 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 3rd party and are disconnected from Monneo’s businesses funds. The client funds held in the safeguarding bank account are at all times secured in the unlikely case of any financial defaults by Monneo.