Virtual IBANs
A revolution in inbound payments.
Streamline the reconciliation of your inbound payments by issuing a unique IBAN per customer.
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1 / No more lost payments
Eliminate payment references and lost payments with our virtual IBANs! By assigning each one of your customers/ contracts a specific IBAN, you always know who is paying for what. No references to be filled in, all your customers need to remember is the IBAN number. No more payments will get lost in your systems.
2 / Management via API
Create and close virtual IBANs via our modern API Banking. Our API banking also allows you to download statements and receive real time notifications about your inbound transfers.
3 / Only one statement to reconcile
All virtual IBANs maintain a zero balance at all times. Since any payment that comes to them is credited to your main account with TrustPay, you only ever have to reconcile the main account!
4 / SEPA based
All of the virtual IBANs issues by TrustPay are EUR denominated SEPA accounts. Thus, you can accept same day payments throughout Europe at almost no cost to your customers.