As companies expand their operations to several European markets, the management of payments and financial flows is becoming a real challenge. To respond to this, Treezor offers local IBANs in France, Germany, Italy and Spain, thus offering its customers the possibility of issuing IBANs adapted to each country and facilitating their transaction while strengthening the trust of their users.
A local IBAN (International Bank Account Number) is a bank account number assigned in a specific country, facilitating domestic payments and transactions. This standardized identifier plays a key role in financial transactions and allows users to make and receive local payments. In addition to the French IBAN, Treezor offers IBANs for three other key European markets: Germany, Italy and Spain.
Better payment acceptance and reduction of rejections linked to IBAN discrimination: although SEPA regulations prohibit all discrimination based on the origin of an IBAN, certain entities in Europe continue to favor domestic IBANs in their sales or collection processes. This can lead to blockages or delays in transactions. By offering local IBANs, Treezor offers a reliable and robust solution to avoid these obstacles.
Improved user experience: Offer your customers and partners a solution adapted to the local market, thus strengthening confidence in the transactions entrusted to you. With a local IBAN, you demonstrate that your offer is designed to meet the specific expectations of each market, improving thus your attractiveness.
Reduction in administrative formalities: Thanks to a local IBAN, your customers will no longer have to declare their bank account abroad to the tax authorities. This simplification reduces their administrative procedures and facilitates the development of their activities.
Treezor is at the forefront of payment and financial services solutions in Europe. Here’s why we are the ideal partner for your local IBANs:
Scalability in EuropeIn addition to European passporting, it is now possible to address, operationally (technically, legally, fiscally, etc.) and at lower costs, several European markets by relying on the different local IBANs provided by Treezor.
Compliance and securityTreezor ensures compliance of local accounts with local and European regulations while ensuring enhanced security to protect your personal and payment data.
Simple and quick implementation:Treezor’s corporate clients can access IBANs from multiple countries simply via API, with minimal technical resources, thus accelerating their time-to-market.
Client supportOur team of experts is available to support you throughout the process, from the creation of your project comprising a local IBAN to your registration with the regulator and future developments.
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