Virtual bank accounts are non-physical bank accounts that perform the same functions as traditional bank accounts. It enables businesses to be assigned standard IBANs/NNUBANs in order to receive funds/payments for services rendered.
Fincra's virtual bank account provides registered businesses with IBANs in multiple currencies. These accounts are opened in your business name and allow you to receive local and international payments for services without having to live in Europe, the United Kingdom, or Africa.
Virtual accounts on Fincra are available in the following currencies:
| Currency Name | Currency Code | Payment Schemes |
|---|---|---|
| British Pounds | GBP | FPS, CHAPS |
| EURO | EUR | SEPA,SEPA Instant |
| United States Dollar | USD | SWIFT |
| Naira | NGN | NIBBS |
| Danish Krone | DKK | MCCYExternal |
| Hungarian forint. | HUF | MCCYExternal |
| Polish Zloty | PLN | MCCYExternal |
| Romanian Leu | RON | MCCYExternal |
| Swiss franc | CHF | MCCYExternal |
| Czech Koruna | CZK | MCCYExternal |
| Swedish krona | SEK | MCCYExternal |
| Norwegian Krone | NOK | MCCYExternal |
Learn more about Virtual Account
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