Business Accounts with IBAN Offered by E-Money Institutions
Electronic Money Institutions (EMIs) are revolutionizing the way businesses manage their finances. One of the standout offerings is the provision of business accounts complete with dedicated International Bank Account Numbers (IBANs). These accounts bring unparalleled flexibility and cost-effectiveness, making them a preferred choice for businesses. Here's why business entities are turning to EMIs for their banking needs:
Effortless Online Setup. Opening a business account with an EMI is a streamlined process. All necessary documents can be submitted online, and authentication is performed electronically, saving businesses valuable time and effort.
Tailored Fees. Account fees are customized based on the risk level of the company, which is determined by factors such as the country of incorporation and the nature of the company's activities. This personalized approach ensures fair and transparent fee structures.
Multi-Currency Support. EMI business accounts are typically multi-currency, allowing businesses to hold funds in different currencies within a single account. This flexibility simplifies international transactions and mitigates currency conversion costs.
Dedicated IBANs for Transactions. Each account is uniquely identified within the EMI. Dedicated IBANs, along with other account numbers, can be assigned to balances in various currencies, facilitating specific payment transactions, especially in SEPA payments. Some EMIs have also introduced personal IBANs for SWIFT payments, enhancing transaction convenience.
Competitive Transfer Fees. EMI transfer fees are notably lower than those offered by traditional banks. This translates to significant savings for businesses, especially for frequent or large-scale transactions.
Integrated Payment Cards. EMIs offer the convenience of ordering payment cards alongside business accounts. This seamless integration allows businesses to access funds and make payments swiftly and securely.
Discover the future of business banking with E-Money Institutions. Explore our featured EMIs providing dedicated IBANs, and experience hassle-free, cost-effective, and versatile financial solutions tailored to meet the unique needs of your business.
Empower your business with our E-Money Institution partners—where innovation meets financial efficiency.
Business Current Account is a multi-currency account, allowing the account holder to have funds in the following currencies:
EUR (Euro)
USD (US dollar)
GBP (Pound sterling)
HKD (Hong Kong dollar)
CNY (Renminbi (Chinese) yuan)
RUB (Russian ruble)
DKK (Danish krone)
PLN (Polish złoty)
CZK (Czech koruna)
NOK (Norwegian krone)
SEK (Swedish krona/kronor)
AUD (Australian dollar)
CHF (Swiss franc)
JPY (Japanese yen)
AED (UAE dirham)
CAD (Canadian dollar)
HUF (Hungarian forint)
RON (Romanian new leu)
BGN (Bulgarian lev)
TRY (Turkish lira)
KZT (Kazakhstani tenge)
NZD (New Zealand dollar)
INR (Indian rupee)
ILS (Israeli shekels)
MXN (Mexican peso)
ZAR (South African rand)
SGD (Singapore dollar)
BYN (Belarusian ruble)
THB (Thai baht)
Payment Cards
Payment cards are not offered together with Business Current Account.
International Transfers
SWIFT Transfers
SEPA Credit Transfers
Dedicated IBAN
available for verified customers
appears automatically for EUR balances
IBAN Countries
Dedicated IBANs assigned to Business Current Account belong to Lithuania.
Dedicated IBAN Operations
sending EUR to a SEPA country
receiving EUR from a SEPA country
EMI Banking Details Operations
receiving SWIFT transfers
sending SWIFT transfers
other transfers
Pricing Plans
Business Current Account is offered with several pricing plans for different customer groups, namely LT, EEA, International, Compliance Intensive.
EEA Companies which are EEA-based and whose business activity is non-compliance intensive.
International Companies which are not EEA-based and whose business activity is non-compliance intensive.
Compliance Intensive Compliance intensive businesses are companies which require relatively more time and effort to assess and manage compliance risk on an ongoing basis (despite the location).Compliance intensive business activities include payment service providers, money service business operators, high value dealers, independent legal professionals, lotteries, gaming, notary services, online gambling, pharmaceutical, public procurement, real estate investment, tax advisors, etc.
Make and receive payments globally in 30+ currencies
Currency
Business Payment Account is a multi-currency account, allowing the account holder to have funds in the following currencies:
GBP (Pound sterling)
EUR (Euro)
USD (US dollar)
AED (UAE dirham)
ALL (Albanian lek)
ARS (Argentine peso)
AUD (Australian dollar)
BAM (Bosnia and Herzegovina convertible mark)
BBD (Barbadian Dollar)
BDT (Bangladeshi taka)
BGN (Bulgarian lev)
BHD (Bahraini Dinar)
BRL (Brazilian real)
BWP (Botswana Pula)
CAD (Canadian dollar)
CHF (Swiss franc)
CLP (Chilean peso)
CNY (Renminbi (Chinese) yuan)
COP (Colombian peso)
CZK (Czech koruna)
DKK (Danish krone)
FJD (Fijian Dollar)
GHS (Ghanaian Cedi)
HKD (Hong Kong dollar)
HUF (Hungarian forint)
IDR (Indonesian rupiah)
ILS (Israeli shekels)
INR (Indian rupee)
JMD (Jamaican dollar)
JOD (Jordanian dinar)
JPY (Japanese yen)
KES (Kenyan Shilling)
KRW (South Korean won)
KWD (Kuwatiti Dinar)
LKR (Sri Lankan Rupee)
LSL (Lesotho Loti)
MAD (Moroccan Dirham)
MUR (Mauritian Rupee)
MWK (Malawian Kwacha)
MXN (Mexican peso)
MYR (Malaysian ringgit)
MZN (Mozambican Metical)
NAD (Namibian Dollar)
NOK (Norwegian krone)
NZD (New Zealand dollar)
OMR (Omani Rial)
PEN (Peruvian Nuevo Sol)
PGK (Papua New Guinea Kina)
PHP (Philippine peso)
PKR (Pakistani rupee)
PLN (Polish złoty)
QAR (Qatari Riyal)
RON (Romanian new leu)
SAR (Saudi riyal)
SEK (Swedish krona/kronor)
SGD (Singapore dollar)
THB (Thai baht)
TND (Tunisian dinar)
TRY (Turkish lira)
TTD (Trinidad and Tobago dollar)
TWD (Taiwanese Dollar)
TZS (Tanzanian Shilling)
UGX (Ugandan Shilling)
UYU (Uruguayan Peso)
VND (Vietnamese Dong)
XAF (Central African CFA Franc)
XCD (East Caribbean dollar)
XOF (West African CFA Franc)
ZAR (South African rand)
ZMW (Zambian Kwacha)
Payment Cards
Up to 15 payment cards can be ordered together with Business Payment Account.
International Transfers
SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
Target2 Transfers
CHAPS Transfers
Faster Payments
ACH Transfers
FedWire Transfers
other local transfers
IBAN Countries
Dedicated IBANs assigned to Business Payment Account belong to the United Kingdom and several EU countries.
Pricing Plans
Please note that the quote below serves as a guide. Actual costs will be determined based on your business industry, payment volumes and other factors.
Business Current Account is a multi-currency account, allowing the account holder to have funds in the following currencies:
EUR (Euro)
GBP (Pound sterling)
CHF (Swiss franc)
AED (UAE dirham)
AUD (Australian dollar)
BGN (Bulgarian lev)
CZK (Czech koruna)
DKK (Danish krone)
HKD (Hong Kong dollar)
HRK (Croatian kuna)
HUF (Hungarian forint)
ILS (Israeli shekels)
JPY (Japanese yen)
NZD (New Zealand dollar)
PLN (Polish złoty)
SEK (Swedish krona/kronor)
SGD (Singapore dollar)
TRY (Turkish lira)
THB (Thai baht)
NOK (Norwegian krone)
ZAR (South African rand)
USD (US dollar)
CAD (Canadian dollar)
Payment Cards
Satchel Business Card (MasterCard) can be ordered together with Business Current Account.
International Transfers
SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
Dedicated IBAN
available for verified customers
appears automatically for EUR balances
IBAN Countries
Dedicated IBANs assigned to Business Current Account belong to Lithuania.
Dedicated IBAN Operations
sending EUR to a SEPA country
receiving EUR from a SEPA country
EMI Banking Details Operations
receiving SWIFT transfers
sending SWIFT transfers
other transfers
Pricing Plans
Business Current Account is offered with several pricing plans for different customer groups, namely EU, non-EU.
EU Companies registered in the EU and EEA and only those companies where each of company’s directors, shareholders and ultimate beneficial owners (UBO) are citizens and residents of the EU or EEA. After Brexit EU pricing plan is still applicable to customers from the United Kindom.
Business Account is a multi-currency account, allowing the account holder to have funds in the following currencies:
EUR (Euro)
GBP (Pound sterling)
USD (US dollar)
DKK (Danish krone)
SEK (Swedish krona/kronor)
Payment Cards
Depending on your pricing plans, various number of physicaland virtual MasterCard cards can be issued.
International Transfers
SEPA Transfers
SWIFT Transfers
Faster Payments
US ACH Transfers
DKK Local Transfers
IBAN Countries
Your company gains access to UK and EU IBAN accounts. Additionally, you will have an option to obtain multiple local DK, DE, LU, GB IBANs for enhanced flexibility, through regulated partners.
Pricing Plans
Business Account is offered with several pricing plans for different customer groups, namely Starter, Business.
EU stands for the European Union and consists of Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.
EEA stands for the European Economic Area and consists of Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.
SEPA stands for the Single Euro Payment Area and consists of Andorra, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom.
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