Multi‑currency IBANs & vIBANs
Named-account and virtual-IBAN options for supported currencies and eligible use cases, with reconciliation against a master account or wallet where the provider supports it.
FinPro Consulting · Payment & EMI Advisory
Payment/EMI Accounts
Multi‑currency IBANs, EMIs & Gateways to complement traditional banking.
We help brokers, fintechs, funds, and international businesses apply for named and virtual IBANs, EMI wallets, and merchant acquiring solutions across the UK, EU, and APAC—from strategy and risk assessment to onboarding and go-live. Provider availability, account features, and approval remain case-specific.
SWIFT
SEPA / SEPA Instant
UK Faster Payments
ACH (US)
CHAPS
Cross‑border FX
What you get with FinPro’s Payment & EMI Advisory
We coordinate account-opening and merchant-onboarding applications with institutions selected around your risk profile, geographies, and flows. Where a conventional operating account is also required, see our bank account opening advisory. Below are common deliverables; the final scope is tailored to each case.
Payment rails
Potential access to SEPA, SEPA Instant, SWIFT, Faster Payments, CHAPS, ACH, and other local rails. Coverage, cut-off times, and settlement speed vary by provider and corridor.
Merchant acquiring
Card and alternative-payment-method options for eligible business models. Scheme access, reserves, pricing, and settlement terms are determined by the acquirer or PSP.
FX wallets & treasury
Hold, convert, and net‑settle in major currencies with competitive spreads and treasury tools for exposure management.
API & reconciliation
Statements, webhooks, and auto‑recon feeds to your back‑office or CRM. Optional payment links and hosted checkouts.
Risk & compliance fit
Upfront assessment against provider appetite, including industry, regulatory status, flows, target markets, and KYC/AML readiness, to reduce avoidable application gaps.
Brokers & Dealers
Proprietary Trading
Asset & Fund SPVs
HoldCos & Intl. Trade
SaaS & Marketplaces
Coverage & typical partner locations
We coordinate with EMIs, payment institutions, banks, acquirers, and other PSPs across multiple jurisdictions. The appropriate provider and regulatory framework depend on the service required, the contracting entity, and the markets served.
- 🇬🇧 United Kingdom: authorised EMIs, payment institutions, banks, and acquirers
- 🇪🇺 European Economic Area: institution and rail availability varies by member state and passporting position
- 🇸🇬 Singapore: SPI/MPI and bank-led options for eligible APAC use cases
- 🇭🇰 Hong Kong, 🇲🇾 Malaysia/Labuan, 🇲🇺 Mauritius, and 🇦🇪 UAE: provider-specific banking and payment options
- 🇺🇸 United States: ACH and other corridors through appropriately authorised providers, case by case
Availability depends on your industry, licensing, flows, and KYC/AML profile. Crypto‑related use cases are strictly case‑by‑case.
Onboarding roadmap
- 1Discovery & fit check
Industry, licensing, flows, geographies, counterparties, and monthly volumes. - 2Partner mapping
Shortlist EMIs/PSPs by appetite and corridor coverage (SEPA/UK/US/APAC). - 3KYC/AML packaging
Entity docs, UBO KYC, policies (AML/CDD), website review, transaction plan. - 4Submission & screening
Introductions, Q&A, enhanced due diligence where required. - 5Account issuance & go‑live
IBANs/wallets provisioned; gateway credentials; test transactions; reporting.
There is no universal approval timeline. Straightforward, complete applications may progress within several weeks, while enhanced due diligence, regulated or higher-risk models, complex ownership, or correspondent-bank review can take longer.
Document checklist
- 📄 Certificate of Incorporation, register of directors/UBOs
- 📜 Memorandum & Articles / Constitution
- 🧑💼 UBO/KMP passports & proof of address (≤3 months)
- 🏦 Last 3–6 months bank statements (if available)
- 🌐 Website, T&Cs, privacy/AML statements
- 📊 Forecasted monthly volumes, currencies, top counterparts
- 🔗 Source of funds & flow diagram
- 🧭 Licences/registrations (if applicable)
EMI vs Traditional Bank vs PSP (Gateway)
| Capability | EMI Account | Traditional Bank | PSP / Gateway |
|---|---|---|---|
| Account / service | E-money wallet or payment account; IBAN/vIBAN may be available | Bank account offered by a deposit-taking institution | Payment acceptance, processing, settlement, or related services; scope varies |
| Settlement rails | SEPA, FPS, SWIFT, or local rails where supported | Domestic and cross-border rails according to the bank | Card schemes, APMs, and payout rails according to the provider |
| Onboarding | Case-specific; enhanced due diligence may apply | Case-specific, often more demanding for cross-border structures | Case-specific; underwriting, reserves, and scheme rules may apply |
| Risk appetite | Varies materially by institution, licence, sponsor bank, and corridor | Varies by bank, market, and customer profile | Highly segmented by business model, geography, chargeback, and compliance risk |
| Reconciliation | vIBANs, API/webhooks | Bank statements, host‑to‑host | Gateway reports, payouts |
| Use cases | Treasury, collections, payouts | Primary banking & custody | Card acceptance & checkouts |
We often deploy an EMI + Bank + PSP stack: EMI for day‑to‑day flows, a bank for core treasury, and a PSP for card acceptance.
Brokerages & Prop Trading
Operational accounts, collection and payout solutions, and acquiring aligned with the disclosed and lawfully permitted model. Client-money handling requires an appropriate regulatory basis and provider-approved safeguarding or segregation arrangements.
Regulatory fitProvider-approved flows
Funds & SPVs
Subscription & redemption flows, FX wallets, and cross‑border settlement for investment vehicles.
TreasuryReporting
International Trade & SaaS
Multi‑currency receivables, localized rails, and card/alternative payments for recurring or high‑ticket invoices.
SEPA/FPSCard & APMs
Engagement & fees
Advisory & Fit Check
Fixed scope discovery and risk alignment, recommended partner list, and readiness report.
Onboarding Support
Application packaging, submission support, and coordination through the provider’s independent decision and, if approved, go-live.
On‑going Care
Post‑go‑live liaison, account reviews, adding currencies/rails, and second accounts for redundancy.
Pricing is quoted after discovery and depends on complexity, jurisdictions, and number of providers onboarded.
FAQs
Do you provide the EMI account directly?
No. FinPro is an independent consulting firm. We assess fit, coordinate introductions to suitable third-party providers, and support onboarding. The provider independently decides whether to approve an application and what services to offer.
Which industries are eligible?
We work with regulated brokers, funds/SPVs, proprietary trading, SaaS, and international trade. Crypto‑exposed models are strictly case‑by‑case and require enhanced documentation.
How many accounts should we open?
Where feasible, a primary account plus an independently onboarded backup can improve resilience. The right structure depends on cost, currencies, contractual restrictions, safeguarding needs, and operational risk.
What currencies and rails can we get?
Most partners offer EUR/GBP with SEPA/FPS. SWIFT corridors and additional currencies (USD, AED, SGD, etc.) depend on profile and volumes.
Talk to our Payment & EMI team
Share your entity structure, jurisdictions, monthly flows, and target rails. We’ll run an initial fit check and propose a practical path forward.
Reply within 1–2 business daysNDA available
Related support: company formation, financial licensing, bank account opening, MT4/MT5 KYC preparation, and financial website design.
Compliance Statement
FinPro Consulting is not a bank, EMI, payment institution, broker, law firm, or custodian. We provide consulting, application support, and introduction services only. Third-party institutions make independent onboarding decisions and apply their own KYC/AML, sanctions, risk, safeguarding, and service controls. Approval, timing, account features, named or virtual IBAN availability, and continued service cannot be guaranteed. E-money and payment accounts are not bank deposits; applicable safeguarding and deposit-protection arrangements vary by provider and jurisdiction. We do not support sanctioned persons, prohibited jurisdictions, or unlawful use cases.
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