Dedicated IBANs

What is a Dedicated IBAN from Swapin?

Dedicated IBAN is a virtual IBAN issued in end customers name. This feature enebles custners to make seamless crypto-friendly bank payments in their name.

How to get a Dedicated IBAN from Swapin?

The Dedicated IBANs will be offered by default, meaning there is no need to opt in. Currently, Dedicated IBANs are available for individuals verified as Basic or Full, EEA, and Switzerland residents.

What customers apply for getting a Dedicated IBAN?

This solution is available for end customers who are EEA (European Economic Area), and Switzerland. The full list of countries includes:

Austria

Belgium

Bulgaria

Czech Republic

Croatia

Cyprus

Denmark

Estonia

Finland

France

Germany

Greece

Hungary

Iceland

Ireland

Italy

Latvia

Lithuania

Luxembourg

Liechtenstein

Malta

Netherlands

Norway

Poland

Portugal

Romania

Slovakia

Slovenia

Spain

Sweden

Switzerland

Can an end customer turn off a Dedicated IBAN?

Once a customer applies, the feature is turned on by default and can't be turned off.

Can an end customer use his/her Dedicated IBAN as a banking solution?

Swapin offers Dedicated IBANs for payments initiated using Swapin services only, we do not offer banking solutions and it can’t be used for other types of transactions.