Issuers
Collecting funds from pre-paid card consumers and corporate customers is made easy by allocating a multiple currency virtual IBAN to the loading party. This allows Issuers and Programme Managers to easily reconcile funds coming in and provide real-time credit confirmation to their end consumers.
Virtual IBAN accounts through Banking Circle:
- Easy and quick account setup across currencies
- Available in 24 currencies
- Can be accessed and utilised through the Banking Circle web platform or via the Banking Circle API
- FX capability to enable conversions and payments to card schemes
- One IBAN across 24 currencies, enabling easy account detail management for end pre-paid card loader
- Reporting capability allows full visibility and reconciliation
- Local settlement and payout capability
Banking Circle’s compliance model provides Payments businesses and Banks and their customers with fully secure and compliant transactions.
Learn more arrow_forwardBanking Circle provides a range of offerings to meet the payments needs of Banks and Payments businesses, and their customers.
Learn more arrow_forwardBanking Circle delivers access to a global IBAN account infrastructure, through a platform from which they can trade forex and make international payments.
Learn more arrow_forwardBanking Circle Virtual IBAN allows Banks and Payments businesses to issue multi-currency IBAN accounts for customers in their own name.
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