Payment Service Providers (PSPs), wallet providers and regulated entities who provide wallet functionality to their end customers are able to harness Banking Circle Virtual IBANs to receive and send funds. A multi-currency virtual IBAN can be allocated per wallet.

Virtual IBAN accounts through Banking Circle:

  • Easy and quick account setup across currencies
  • 24 currencies available, subject to approval
  • Can be accessed and utilised through the Banking Circle web platform or via the Banking Circle API
  • FX capability to enable conversions and payments as well as treasury management
  • Reporting capability allows full visibility and reconciliation
  • Payments can be sent in wallet owners’ names in EUR and GBP
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Other Solutions

Banking Circle provides a range of offerings to meet the payments needs of Banks and Payments businesses, and their customers.

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Banking Circle delivers access to a global IBAN account infrastructure, through a platform from which they can trade forex and make international payments.

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Bank accounts

Our accounts deliver full transparency and faster settlement, enabling financial institutions to offer their customers a full transactional service.

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