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Home Business

Open A SEPA IBAN Account for Business

Tanupriya Sarkar by Tanupriya Sarkar
November 24, 2021
in Business
Reading Time: 2 mins read
0
SEPA IBAN Account for Business

When a company needs an IBAN account it can, of course, apply to the traditional bank. However, this service consumes a lot of time and is often not satisfactory. On the contrary, an online account can be created easily and fast enough providing you with the possibilities to transfer money and operate freely. If you are tired of the bureaucracy, this information is definitely for you.

Table of Contents

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  • Benefits of Genome Account
  • How to start a dedicated SEPA business IBAN account?

Benefits of Genome Account

Genome is a secure Electronic Money Institution, which is regulated and licensed. If you choose to open IBAN account here, you should know about other advantages, such as:

Benefits of Genome Account
  • seamless SEPA transfers. You can also transfer money between accounts and make international transactions;
  • there will be more than one IBAN account: up to 5 are available in next currency — USD and EUR;
  • you may virtually activate debit cards;
  • there is an additional access to the account for the company members (up to 20) and you can edit this list and give different rights.

Genome Account is trusted throughout Europe. The provided services are totally secure and protected. Because of online access you’ll always stay in touch with your business and the control of money transfers is going to become quite enjoyable.

How to start a dedicated SEPA business IBAN account?

What you should do in order to open IBAN account? There are four steps that you need to follow to complete this task, namely:

  1. Register to Genome indicating email or phone number.
  2. Fill the data for identity verification.
  3. Add the docs related to business and proof of ownership or provide a link from the official registry.
  4. Operate newly created IBAN account trough the web version or the Genome App.

Such online account represents the great modern way to manage your finances and use more than one account simultaneously.

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Also read: Open High Risk Merchant Account with iPaytotal

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Tanupriya Sarkar

Tanupriya Sarkar

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