Business accounts
Virtual IBANs, in your business’s name
Dedicated account numbers for clean collections and reconciliation — issued by FCA-authorised e-money institutions.
Named, not pooled
Counterparties pay an account carrying your business’s name — not a reference code into someone else’s account.
Per-flow separation
Issue IBANs per client, product or entity, and let your ledger reconcile itself.
Multi-currency
Collect in your customers’ currencies and convert on your schedule through the group’s FX line.
New to the concept? Read what is a virtual IBAN? — then see international payments.
VIP360 is the platform, not the counterparty: regulated services are provided by the licensed institution you are matched with, under its own licence and terms.
Frequently asked questions
What is a virtual IBAN?
A virtual IBAN is a real, routable account number issued under an institution’s master account. Payments sent to it arrive addressed to your business by name, which makes collections and reconciliation dramatically cleaner than sharing one pooled account.
What’s the difference from a normal account?
Functionally you send and receive the same way. Structurally, the funds are held and safeguarded by the issuing e-money institution rather than sitting in a bank deposit — see our safeguarding explainer for what that means for protection.
Why would a business use one?
Typical uses: collecting from customers in their local currency, separating flows per client or per entity for clean books, and giving international counterparties a named account they trust paying into.
Check if we can help
Tell us what you need. You deal with one team, and the group’s licensed institutions sit behind it.