Saxo simplifies cross-border payments with virtual IBAN
Avoiding the need for multiple accounts in various jurisdictions
Saxo Bank has launched Banking Circle Virtual International Bank Account Number (IBAN), a service that allows foreign exchange and payments firms to issue virtual IBAN numbers to their customers in any currency, supported by the bank's payment business.
The new offering from Saxo Payments delivers full transparency and faster settlement in a bid to address the challenges of cross-border payments and transfers. The multi-currency, multi-jurisdictional banking solution enables firms to give
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