Comparison
A real IBAN is a direct bank account in your name. A vIBAN is a sub-account held by an EMI underneath its own real IBAN. Both look identical to your customers; legally and in a default scenario they are very different.
Option A
Option B
Operators trying to understand whether the EMI they are about to onboard with offers a real IBAN or a vIBAN — and whether that matters for their business.
Real IBAN if you can get it and the volumes justify the cost. vIBAN is fine for ops accounts if the EMI is reputable and segregates client money in a real bank.
Free pre-approval. We map your model to the right option and the banking that comes with it.
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