International bank account number (IBAN)
News about International bank account number (IBAN).
January 11th, 2017
Consumers will be able to make peer-to-peer (P2P) mobile payments across Europe using only the payee’s mobile phone number which will act as proxy for their international bank account number (IBAN) by the end of…
February 4th, 2016
The European Central Bank is working on a system that would let consumers transfer money to each other based on a phone number or email address. “Immediately after transfer, the money is in the account of the receiver, regardless of the bank of the receiver or where he lives,” RTL Z reports. “Thanks to this system, you no longer have to remember your IBAN [international bank account] number or enter the recipient’s IBAN number.”
October 27th, 2014
Payment processor SIA has launched a peer-to-peer payments service that lets users send and receive money in real-time with their smartphone. Based on the Sepa Credit Transfer scheme, Jiffy is available to all banks operating in…