Are you looking for a tool to receive and send funds around the world quickly and safely? An IBAN account is the optimal solution for accurate transactions without any difficulties.
Hawex fintech company provides a service for opening IBAN accounts so that the user can easily receive and send transfers to all countries that support the IBAN account system.
Hawex is a progressive fintech startup that has developed an international payment ecosystem with comprehensive offers for businesses and individuals. Hawex provides its users with all the necessary base of payment instruments to run their businesses. Additionally the company organizes complex service solutions based on fintech and Web 3.0 technologies for scaling businesses around the world - from opening merchant accounts to creating smart contracts.
IBAN account - your tool for making transfers around the world
The IBAN (International Bank Account Number) is an internationally recognized account number format that is used to identify bank accounts both inside and outside the country. The IBAN account is an important component of international banking, which ensures the accuracy and efficiency of transaction processing due to the uniqueness and universality of its code, supported by financial institutions in different countries.
The IBAN account is a multifunctional tool that is used in business for making settlements with counterparties and contractors. Also, the main transit of business financial flows can pass through it without any problems - for example, payment of taxes and salaries.
An IBAN account will become a convenient tool for your business to make international payments. After opening an IBAN account, you get the opportunity to quickly and safely conduct transactions internationally without regard to national borders, since the IBAN account system is supported in 45+ countries around the world.
The personal IBAN account number consists of a combination of 34 alphanumeric characters and includes the country code, two check digits and the bank account number. Thus, the IBAN code contains the necessary data about your account, which is verified during the transaction. It becomes an additional guarantee of the security of payments and the preservation of your assets, since only the owner of the IBAN account has access to their assets.
Also, in addition to the country code and bank account, the IBAN combination contains information about the geographical location of the bank where the account is opened, and additional information about the account, which significantly decreases the number of erroneous transactions, avoids rejected payments and significantly reduces the waiting time when transferring abroad.
The transfer process is as follows. The unique alphanumeric code of your IBAN account passes through the payment system so that it confirms the accounts of the sender and recipient. After that the information is verified by internal algorithms, and the payment is launched into processing. This approach allows you to avoid unnecessary expenses on the fees that some banks charge for canceling an incorrect payment and refunding.
The Hawex team provides a quick opening of an IBAN account for your business
IBAN accounts focus exclusively on asset transfers - they can be sent and received, but cannot be cashed out at an ATM.
Thus, the IBAN account is used to facilitate international money transfers and ensure the correct processing of payments with a minimum probability of error, which saves you time and money. If you run a business related to international transactions, opening an IBAN account will make your user experience of sending and receiving payments convenient and fast.
With the legal and technical support of Hawex, opening an IBAN account will not cause any difficulties. To do this, you just need to go to the website and leave a short request with a number and email for feedback in the appropriate section of online banking. According to this application, a personal manager from the Hawex team will contact you. They will oversee all stages of work and select the most optimal solution for your business.
Your personal manager will help you navigate in the required package of documents that will need to be provided to resolve issues with partner banks. The Hawex team takes care of all legal aspects and agreements with financial institutions.
On average, opening an IBAN account takes one to two weeks if the partner bank has additional questions for the business that applies for opening an IBAN account. In the absence of additional questions, an IBAN account is opened within five working days. As a result, you will receive a reliable tool for money transfers around the world.
Hawex has a long-standing expertise in the field of fintech technologies and regularly develops fintech and Web 3.0 services to improve its customers' payment systems. The company's experience allows us to create optimal solutions for each request, taking into account the latest technologies of the fintech market. Discover new horizons in the field of payments with the Hawex expert team.
info@hawex.io
