Accounts

Open IBAN account online for your global business

Streamline your payment flows with a multi-currency IBAN account tailored to your needs. Send, receive, and hold funds globally with a single financial platform.

Open account

Open IBAN account online for your global business

Why choose a virtual bank account with IBAN from ConnectPay?

Experience the flexibility of a virtual bank account with IBAN designed for the digital economy. Whether you need a euro IBAN account for SEPA transfers or a multi-currency setup for global trade, our platform eliminates the friction of traditional banking.

Approval speed: The approval process for an IBAN account typically takes from a few minutes up to 72 hours.

Digital accessibility: Open IBAN account online without the need for in-person visits or mailing physical documents.

Global reach: Send payments to over 180 countries and receive wires from outside Europe directly into your account.

Our IBAN account solutions for online businesses

We offer specialized accounts created with Marketplaces, Fintechs, and Loyalty Programs in mind.

Business accounts

LT-prefixed IBAN accounts
Funds in 80+ currencies
International SEPA and SWIFT payments
Multiple ways to access accounts – via our Online Banking, app or APIs
VISA debit cards tied to accounts
Set up different roles for multiple users

Personal accounts

LT-prefixed IBAN account
Funds in 80+ currencies
International SEPA and SWIFT payments
Multiple ways to access accounts – via our Online Banking, app or APIs
VISA debit cards linked to accounts

Segregated accounts

Segregated IBAN account
Funds in 80+ currencies
Multiple ways to access accounts – via our Online Banking or APIs
Keep your customers’ funds and your company funds separately

How to open IBAN account online with ConnectPay

The setup process is entirely digital and designed to be user-friendly.

Select your account type: Choose between business, personal, or segregated accounts based on your needs.
Verify your identity: Complete KYC verification using a valid photo ID (passport or government ID card) and a liveness check, such as a video selfie.
Provide documentation: Submit proof of address (e.g., a utility bill or bank statement) and business registration details if applying for a business account.
Receive IBAN details: Once approved—often within 24 hours—receive your personal IBAN details to start transacting.

Accounts created with online business in mind

Get ready for hassle-free transactions with multi-currency IBAN accounts

Euro-zone transfers

Send & receive speedy payments in EUR with direct SEPA / SEPA Instant transfers.

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Cross-border transfers

Send & receive funds all over the world with cross-border payments in multiple currencies: AUD, BGN, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, JPY, NOK, PLN, RON, SEK, SGD, and USD.

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Multiple currencies

Hold and exchange funds in 80+ currencies

Roles for users

Assign the rights and roles for each account user

Security and regulatory excellence

ConnectPay is a regulated Electronic Money Institution (EMI) authorized by the Central Bank of Lithuania.

4 Eyes Principle

Monitor and protect your funds and transactions with two-layer protection. Enable the 4 Eyes Principle mechanism for added protection. All standard and bulk outgoing payments will then need to be signed off by two people in your company (this does not apply to inter-ledger transfers and currency exchange).

Be in control

Set and exchange all your account and transaction limits in your Online Banking platform. Allocate, manage and change the rights and roles of all your users via a single dashboard. Always know that you’re in control.

All the cards you need

From the usual business and personal cards to white–labeled ones with extra functionalities. Just tell us what kind of cards you need.

White-label card

Branded cards with extra functionalities

Business card

Get VISA debit card for business

Personal card

Get debit cards for your private clients

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IBAN account FAQs

How long does it take to open an IBAN account online?

The approval process for an IBAN account can take from a few minutes up to 72 hours, depending on the clarity and completeness of your documentation.

What documents are required to open a business IBAN?

You will need to provide company registration documents, identification for directors and ultimate beneficial owners, and a description of your business activities.

Can I hold multiple currencies in my IBAN account?

Yes. An IBAN account from ConnectPay allows you to hold and transact in 80+ currencies, including EUR, USD, GBP, and JPY, without needing separate accounts in each country.

Is a virtual bank account with IBAN secure?

Absolutely. ConnectPay follows EU regulatory standards and is ISO/IEC 27001 certified. We utilize digital verification and secure dashboards to track transactions and balances.

Does ConnectPay support SEPA and SWIFT?

Yes. Our IBAN account solutions support SEPA and SEPA Instant for euro-zone transfers, as well as SWIFT for global payments to over 180 countries.

Can I manage my IBAN account via API?

Yes. ConnectPay is built for scale, offering API integration so you can connect your IBAN account modules directly to your existing business platform.