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Banking Account

Content about business banking accounts for merchants and PSP/EMI clients: onboarding (KYB, UBOs, source of funds), account types (operational/settlement, client-money/safeguarding, collections), IBAN/SWIFT & multi-currency setup, SEPA/SWIFT access, statements and reconciliation, payouts, and API/open-banking connectivity. For high-risk (iGaming, FX/CFD, crypto, adult) we cover de-risking, additional documentation, license/geo scope, and alternatives (EMI accounts, pooled/FBO structures). Related whitelist tags: Iban, High Risk Banking Account.

Authoritative resources (outbound):

  • SWIFT — IBAN registry & standards

  • European Payments Council — SEPA schemes

  • FCA (UK) — safeguarding & payment services guidance

  • FATF — AML/CFT standards