Open IBAN accounts globally

Open IBAN account in the UK or the Eurozone. If you're doing business internationally it can come in handy to open an IBAN account in other countries. This is possible with B2B Pay. We can do this in various currencies.

IBAN stands for International Bank Account Number, which is an international banking system for bank account numbers. IBAN makes international transactions easier in many countries.

As opposed to a BIC code, which refers to a specific bank, IBAN refers to a specific bank account.
IBAN is used in all European countries (except Russia and Belarus) and dozen of non-European countries. Inside the European SEPA zone zone it's very convenient to transfer money to other countries.

IBAN makes cross border transactions a lot easier. It was initially adopted by the ECBS (European Committee for Banking Standards) to facilitate payments within the EU and later became an international standard, ISO 13616:1997. The current standard is ISO 13616:2007. As of early 2016 it's in use in 69 countries, besides Europe especially countries in the Caribbean and the Middle East use the IBAN numbering system.

Virtual bank accounts

With the IBAN system virtual bank accounts have become more popular. With many banks you can request additional IBAN numbers for your bank account.

Virtual accounts have also led to new innovation such as B2B Pay's European virtual bank account that lets you receive business payments for a much better fee than what a normal wire transfer would cost you - and which will include a way to automate the whole process thanks to our payments API.

Sign up with B2B Pay

More information

• Nordea bank: list of countries using IBAN and validator
• Wikipedia: International Bank Account Number
• Check IBAN numbers, with a list of country specific formats
• Good information about BIC codes by Julien Lacombe

How to open a bank account in Europe

We have a few guides to guide you through the process of opening a bank account in multiple European countries and explaining why a virtual bank account with B2B Pay may be a better alternative if you are transferring money outside of Europe and taking advantage of a better rate.

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How to open a bank account overseas

We have a few guides to guide you through the process of opening a bank account in multiple countries all over the world and explaining why a virtual bank account with B2B Pay may be a better alternative if you are transferring money outside of Europe and taking advantage of a better rate.

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