In Banxe, individual and business clients receive a dedicated IBAN for domestic (SEPA) and international (SWIFT) transfers.
That means that we instantly provide you and your business with your own multi-currency IBANs, which are ideal for cross-border payments.
The International Bank Account Number (IBAN) is an internationally agreed system of identifying bank accounts across national borders and enables more reliable international money transfer services.
As a principal member of SWIFT and SEPA, we offer fully functional IBAN accounts with the same capabilities as regular bank accounts while reducing cost and complexity.
Please note that for domestic transfers (SEPA) and international transfers (SWIFT), the IBANs are different.