A vIBAN works just like a traditional IBAN but allows businesses to receive international payments directly into a centralized bank account. Each vIBAN is linked to a master bank account but can also be assigned to different customers, departments, or even specific transactions. This flexibility enhances the tracking and management of incoming payments, making it easy for businesses to segregate and reconcile international funds easily.
vIBANs reduce the need for multiple bank accounts in different countries, which cuts down on banking fees and administrative costs. By consolidating transactions into a single master account, businesses can streamline their banking operations and achieve significant cost savings.
vIBANs are perfect for multinational corporations managing complex banking structures, financial institutions offering tailored solutions, tech companies handling global transactions, export/import businesses minimizing FX risks, e-commerce platforms managing multiple currencies, freelancers receiving international payments, and tech startups supporting rapid growth and expansion.
Yes, vIBANs can handle payments in multiple currencies, provided the associated master account supports them. This allows businesses to manage international transactions more efficiently and reduces the complexity of currency conversions.
At COMO we provide access to master accounts, powered with 24+ currencies. List to currencies.
vIBANs provide significant advantages over traditional banking methods, including reduced costs, simplified management of international transactions, enhanced liquidity management, and improved reconciliation processes. These benefits make vIBANs a powerful tool for businesses operating globally.
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Partner Guide
This guide is for partners who want to sell COMO’s solutions. Learn how to present our offer, onboard clients, and access everything you need to succeed.
We simplify the world's payments… and more.
Someday all banks will do what we do.
COMO’s embedded banking lets you integrate financial services into your own products. It helps you boost client engagement, expand revenue, and stay ahead in financial innovation.
Why COMO?
Because legacy banking was built to serve banks. COMO was built to serve you — and the future you're creating.
Revenue You Own
Turn embedded banking into a recurring revenue engine; up to 30% higher LTV
Loyalty That Comes Naturally
Empower your brand through embedded finance, fostering genuine relationships and creating meaningful experiences for your clients.
Support That Feels Like Your Own Team
We partner closely with you to support your success.
Integrated by Design
Embed accounts, payments, FX, and treasury flows inside your existing platform
Built for Scale
Multi-currency, multi-jurisdiction, multi-entity — ready for your global clients
COMO Digital Life is a CSSF-regulated Financial Institute (all clients' money is safeguarded and segregated, 100% available anytime, anywhere, entirely safe). We provide banking services to our corporate clients, offering named master payment accounts under our own BIC (LU IBANs, SEPA, SWIFT, multi-currency support, fund segregation, batch payments, FX, and more). All our services are available here: www.como-dl-com.
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