International Business Accounts

Each ibanq account comes with a single IBAN that routes payments into the correct currency balance automatically. You can also assign named Virtual IBANs to sub-accounts for different entities, clients or funds — keeping balances separated without needing multiple bank accounts.

We support payments to bank accounts via SWIFT, the SEPA/SEPA Instant network and FPS. You can send funds in major currencies like USD, GBP, EUR, AED, CAD, NOK, CHF ensuring your payees receive money in the format and currency that suits them.

Yes. Our infrastructure is built for Fintechs, E-commerce, Institution, and Corporate users who require secure cross-border payments and sub-account segregation. You can collect funds from global marketplaces and pay suppliers without unnecessary conversions.

Traditional banks typically restrict you to a small number of currencies, charge fees on currency conversion and require separate accounts for different markets. IFX gives you 40+ currencies under one IBAN, no forced conversion on inward payments, access to SWIFT, SEPA and Faster Payments, and a dedicated relationship manager — without the complexity of managing multiple banking relationships.

Every new client is assigned a dedicated IFX specialist who guides you through account setup from start to finish. There are no call queues or ticket systems — you have direct access to a real person who knows your account and is available whenever you need them.

Opening an international business account with IFX is faster than a traditional bank, with a process tailored to your business needs. Once we have received the required documentation, your dedicated onboarding specialist will guide you through each step, handle any queries and ensure your account is configured correctly before you go live. Timelines vary depending on the complexity of your business and documentation provided.

Unlike some providers, IFX does not automatically convert funds when they arrive in your account. You choose when to convert, at live rates you can see before you act. This gives you full control over your FX exposure and means you are never caught out by an unexpected conversion at an unfavourable rate.

IFX Payments is built for UK-registered corporates, institutions, and fintechs managing international payment flows. Whether you’re expanding into new markets, paying global suppliers in multiple currencies, or collecting revenue from customers worldwide, our accounts simplify cross-border business banking. We specialise in supporting businesses with complex multi-currency operations and multi-jurisdiction requirements.