ibanq for your business

ibanq is a multi-currency, virtual IBAN account that's integrated directly into our foreign exchange services and global payments network. That means you can manage, maintain and distribute funds in up to 38 currencies from one single account.
ibanq at work
Virtual IBAN

How does it work?

We developed a virtual IBAN solution so you can work with global business funds the same way you would with a regular bank account. Virtual IBANs enable businesses to segregate remittance flows with 100% accuracy and without the need for reconciliation via a master account. So you can be confident knowing it’s safe and simple for both you and your customer.
What can it do

ibanq features

We offer a range of sophisticated products and functionality to ensure that we can solve industry and company specific problems.
multi currency
Local routes

Local routes

Circumvent needless delays and charges by tapping into our local knowledge and banking network
Total visibility
Total visibility

Total visibility

Track payments and account activity with real-time reporting, statements, and audit logs, so you are always in control.
automatic validation
Instant proof of payment

Instant proof of payment

Download irrevocable payment confirmations for every transaction with MT103s.
Multi-currency
Multi-currency

Multi-currency

Accept up to 38 different currencies into one single account without any conversion costs.
Competitive rates
Competitive pricing

Competitive pricing

With our access to multiple wholesale liquidity providers you gain from competitive rates.
Auto-reconciliation
Auto-reconciliation

Auto-reconciliation

Create purpose-specific sub accounts in your name to save on manual entry.
Multi-level authorisation
Multi-level authorisation

Multi-level authorisation

Build a system that works for you to ensure the right people are instructing the right amounts.
Configurable accounts
Configurable accounts

Configurable accounts

Centralise your cash-management system with an account structure that mirrors your business functions.

Our clients say

"The ibanq platform is user-friendly and provides very competitive FX rates as well as the most up-to-date security protocols with a sleek design. It's difficult to say where they could improve."
UK Pharmaceutical Company - Director

See how IFX Payments can benefit you or your business

Contact us
Discover ibanq

Request a demo

To see the power of our platform ibanq, and get a better understanding of how our Virtual IBAN solution could support your businesses goals, submit your details to arrange a demo with a member of our team.
  • This field is for validation purposes and should be left unchanged.