Arrival
Detected by notification, reconciled automatically.
Each incoming transfer is signalled by the bank; automatic reconciliation runs as a backstop. In your collection account, a transfer is either reconciled or awaiting reconciliation.
Dedicated IBAN
A dedicated IBAN for your business. Your customers pay by ordinary bank transfer.
Collect by bank transfer into a collection account in your name, reconciled automatically. Available on request.
Collection account
Available on requestAn account in your name, that collects only your transfers.
One dedicated IBAN per business, opened with a partner bank of the marketplace. Your customers pay by ordinary bank transfer; each arrival appears in your collection account.
- One dedicated IBAN per business.
- In your business's name, with a partner bank of the marketplace.
- Available on request, activated business by business.
Outbound wire
The outbound wire leaves from the same IBAN.
A payout by bank transfer is a payout like any other: same atomic reservation, same ledger, same result row by row.
Two accounts, two directions
Your collection account is never your settlement account.
The collection account receives your customers' transfers; the settlement account receives your payouts. The two are never conflated, and the second never appears on the collection screen.
On request
Request activation.
The dedicated IBAN is activated business by business. Write to us with your volumes and your corridors.
Frequently asked
What we get asked.
An IBAN in your name, in your flows.
Request activation with your volumes and your corridors.