A standard IBAN identifies an account held directly with the issuing bank or EMI. A virtual IBAN routes payments to that same underlying account while presenting a different, often local-looking, account number to the sender.
A virtual IBAN lets a company appear to have, say, a German or French-format account number to its customers in those countries, while all funds actually settle into one underlying account at the provider — useful for reducing friction for payers used to local bank details.
Multiple virtual IBANs can route to the same real account, letting a company present different local-looking numbers to different customer groups.
A virtual IBAN is a routing and identification tool, not a separate bank account with its own independent balance.
Customers sometimes hesitate to pay a foreign-looking account number; a virtual IBAN in their own country's format can reduce that hesitation.
Virtual IBAN issuance is a specific feature — confirm availability with the provider rather than assuming it's included.
Tell us about your structure, activity and payment needs — the essentials, not a full application.
We assess the structure and requirements against what providers typically accept before recommending a direction.
We identify a suitable regulated provider and explain what is realistically available for your case.
You complete official KYC/KYB directly with the regulated financial provider — not with Latynex.
The provider makes the final decision and activates the account. We stay involved if anything needs coordinating.
Latynex is not a bank or electronic money institution. Financial accounts and payment services are provided by independent, regulated financial institutions. Final eligibility and approval are determined by the selected provider, following its own KYC/KYB review.
No — it routes to the same underlying account and the same provider's protections apply; it's a presentation and routing layer, not a separate, less-protected account.
Where the provider supports it, yes — multiple virtual IBANs can route to one underlying account.
No. Latynex is not a bank, EMI or payment institution. We review your case and, where suitable, introduce it to an independent, regulated financial provider who handles the account itself.
No. No introducer can guarantee a banking or payment-account decision. The provider you are introduced to runs its own KYC/KYB review and makes the final call under its own policies.
Typically: certificate of incorporation, register of directors and shareholders, proof of UBO identity and address, a description of business activity, and evidence of source of funds. Exact requirements vary by provider.
Setup and ongoing fees vary with jurisdiction, ownership structure, business activity, expected turnover and compliance profile. The provider discloses its fees before you proceed, and any Latynex advisory fee is disclosed separately.
No obligation — we review your case and respond with a straight answer.
Tell us about your company and payment needs — we review the case and point you to a provider genuinely suited to it.
Check eligibility