How can I open an account?

New ConnectPay customers can open a business account by completing the online application here. Simply follow the instructions on the screen.

Business accounts

Get a business IBAN account online

Scale your digital operations beyond borders. Open a business IBAN account to send, receive, and manage capital internationally in 80+ currencies through a single, secure interface.

Open account

IBAN business account engineered for modern commerce

Enable your online business to thrive globally with institutional-grade multi-currency support and real-time payment rails.

Expand your business reach with global payments

Seamlessly execute cross-border transactions through established SEPA and SWIFT channels. Our business IBAN account infrastructure allows you to send and receive funds worldwide with the reliability of a traditional bank and the speed of a fintech leader.

Multi-currency support for 80+ currencies

Scale globally with our multi-currency accounts and built-in currency exchange. ConnectPay supports 80+ currencies: AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, JPY, NOK, PLN, RON, SEK, SGD, USD, and more.

Virtual business IBAN account

Enhance your operational efficiency with a virtual IBAN account for business. Unlike a standard account, a business virtual IBAN account allows you to issue unique identifiers for specific customers, projects, or departments. This technology routes all incoming funds to your master account while automating your reconciliation process, ensuring you never lose track of a payment again.

Account management made easy

We’ve designed account management to be a breeze – saving your time and prioritizing seamless operations

4 Eyes Principle

Enable two-layer protection for all outgoing transactions. With the 4 Eyes Principle enabled, all standard and bulk payments have to be approved by two people in your company (except for inter-ledger transfers and currency exchange).

Control your own limits

Set your own account and transaction limits via your Online Banking without having to contact anyone. No hassle, no fuss, you control your fast business banking.

Manage rights with ease

We made it easy for you to allocate, manage and change the rights and roles of all your users. Make sure that the right people have the right access. All via a single dashboard.

We take care of onboarding and compliance

Easy and secure business banking is what our customers deserve. That’s why we take care of all compliance matters of our financial solutions for you, and that includes onboarding, KYC, AML/CTF and ongoing due diligence.

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One dashboard for hassle-free fund management

Check your balance, send local and global payments, or manage cards via a single platform.

Send instant euro-zone transfers

Send cross-border transfers

Perform currency exchange

Make bulk payments

Manage multiple users & companies

Manage all cards in one place

Your funds are secure with us

We’re ISO/IEC 27001 and ISO 22301:2019 certified. To receive them, all of our information security policies and processes were rigorously audited. And to keep these certificates, they are checked by external auditors every year. This means you know we have the right security controls and procedures in place needed to keep your data safe.

All the cards you need

Wish to get business debit cards for your business? Or need cards for your business and private clients? Even if you need white-label cards, we have you covered.

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Business IBAN account FAQs

How do I open a business IBAN account online?

To open business iban account online services, simply complete our digital application. You will need to provide corporate documentation, such as your Certificate of Incorporation and Shareholder Register, and undergo a remote identity verification process.

How can I open an additional account?

Existing ConnectPay customers can open an additional account by submitting request via Online Banking. Log into your account here.

How will you verify my identity?

ConnectPay offers remote identity verification methods. We request to verify identities of Authorized Representatives and all Users of the accounts remotely. In some cases, we may also request to remotely verify identities of Directors and Ultimate Beneficial Owners.

Submitted corporate documents are verified remotely in jurisdictions where public access to the company registers are available. In case public access to the corporate register is not available in the jurisdiction, all Corporate documents from these jurisdictions must be originally certified by Apostille and uploaded in your Online Business Application form or sent directly to [email protected].

More information on remote ID verification process and general requirements for corporate documents can be found here.

Note: ConnectPay may use a third-party provider/tool to verify your identity. The third-party operates under the same regulations of data confidentiality and security as ConnectPay.

Are there application fees for opening an account?

Based on your answers during the initial stages of application, we will assign you to one of our three client categories: Tree, Forest or Jungle. Accordingly, if you are assigned to Forest or Jungle category, you will be requested to pay an application processing fee in order for us to carry on with your onboarding. Please note that entities with complex ownership structures, such as where Ultimate Beneficial Owners are Trusts, Foundations, etc. will incur an additional charge and you will be contacted directly by our sales team after an initial review to confirm whether to proceed with the application. You can check the prices here.

How long does the verification process take?

For most digital-first businesses, our remote verification and document review can be completed significantly faster than at a traditional bank. If your corporate documents are in a jurisdiction with a public register, the process is further streamlined.