Receiving details with purpose
Use the bank account identifiers available through the provider for supported incoming transfers. The currency and permitted payment types will be specified.
IBAN / vIBAN Infrastructure
Account details that help your money find its way to you.
Get to know the featureIllustrative flow. Availability depends on the selected service.
THE BIGGER PICTURE
Receiving money should be as understandable as sending it. Nexora’s planned IBAN and virtual IBAN options are designed to provide eligible customers with receiving details that help route incoming payments and connect them to the right account experience.
Dedicated or virtual International Bank Account Numbers are planned for eligible customers, helping identify incoming payments and connect them with the right account.
DESIGNED AROUND WHAT MATTERS
Understand the ideas behind this part of Nexora and the role it can play in a connected financial experience.
Use the bank account identifiers available through the provider for supported incoming transfers. The currency and permitted payment types will be specified.
Connect received funds with the sender and reference information available from the payment. This helps distinguish client receipts, personal transfers and business activity.
Know whether the details identify a dedicated account or a virtual reference linked to an underlying account. The legal structure and protections depend on the provider.
HOW THE JOURNEY COMES TOGETHER
A closer look at the intended experience, from the starting point to the next connection.
ONE CONNECTED EXPERIENCEComplete the required account verification and provider checks.
Use the displayed receiving information for the supported currency and payment route.
Review incoming funds and the accompanying reference in your account activity.
PUT IT INTO PERSPECTIVE
An eligible business provides its supported receiving details and an invoice reference to a client. When the payment arrives, the available sender and reference information helps the team match it to the invoice.
AN ILLUSTRATIVE SCENARIOA LITTLE MORE CLARITY
Details that help you understand this feature before taking the next step.
A virtual IBAN may be an identifier linked to an underlying account, rather than a separate bank account. Provider terms will define the arrangement.
This is a planned Nexora feature. Launch timing, providers, eligibility and pricing will be confirmed before the service becomes available.
Our approach to transparency