Business Bank Accounts
360° payment solutions for your business
We can offer a dedicated IBAN for your ecommerce business, which compliments your merchant accounts and allows you to receive settlements easily and faster.
Democratising Banking. Empowering You.
We partner with Transactive to help them on their mission to democratise banking for an inclusive future, a connected world, and empowered companies.
By leveraging the Transactive's IBAN accounts to online businesses (startups to enterprises) we help them create the complete payment ecosystem and allow them to focus on what's really important - growing their business and customer base.
Much more than a bank account. Your gateway to embedded finance
Take your online business to the next level with Developers API designed specifically to be the banking backbone of your tailored application.
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The cloud-based virtual accounts provide limitless scale for you and your customers, with the benefits of IBANs and 24/7/365 access. When we have your payments covered you can focus on curating the customer experience.
Frequently Asked Questions
Have questions about Business Bank Accounts? Find the answers here.
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What is a virtual IBAN?
A virtual IBAN is a number that does not represent an account in a physical bank but follows the same numbering standard as a traditional bank account. It enables incoming payments to be routed to an alternative account at a physical bank with its own IBAN. Virtual IBANs offer the same facilities as a traditional settlement with a number of additional advantages. -
Is the virtual IBAN a dedicated or a pooled account?
The virtual IBAN is a completely dedicated account linked to a single account holder. -
Who is eligible to apply for online Business Bank Account?
You are eligible to apply for Business Bank Account, if you have your business registered in any of the European Economic Area Member States and your business is not in the prohibited industries list. Please Contact Us to find out more information about the eligibility of your business. -
What account currencies are supported?
The following currencies for holding and exchange: GBP & EUR
More currencies will be added soon so stay tuned. -
What is the pricing for the Business Bank Account?
Due to the nature of our services, Pricing is individual and is defined on a case-by-case basis. Please Contact Us to get a Pricing quote for your business.