Virtual IBAN

Virtual IBANs are a mechanism to improve straight-through reconciliation of receivables for corporate clients. They look and operate exactly like real IBANs. With Transact Pro, a company that exports to the EU can open a virtual IBAN account to receive payments and benefit from free transfers inside the SEPA zone. We instantly transfer the money to your domestic bank, hassle-free.

  • Easy automatic processing of cross-border credit transfers
  • Automatic capture and validation of account numbers
  • Reduction of possible manual intervention
  • Our API performs IBAN Validation
  • IBAN opening and management for your customers
  • API for IBAN account opening and management
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