IBAN - Adam Tracy

Virtual IBANs

November 21, 2023 by Adam Tracy

A Virtual IBAN presents a contemporary banking solution providing businesses with heightened flexibility and efficiency in overseeing international transactions and managing business expenses.

The purpose of the IBAN is to provide a unique identifier for each bank account across the multitude of financial institutions, making it easier to process international payments accurately and efficiently.

Blockrunner, LLC., is a financial services match-making marketplace and consulting company. We are not a bank, FI/NBFI, Payment Service Provider, deposit taking institution, trust, or money services business of any kind. We are not regulated by any financial regulator. Banking, Payment, Processing, and Licensing services are provided by our participating members. This website is for informational purposes only and does not constitute legal advice. If you need legal advice, please consult a licensed attorney in your jurisdiction.