Foundational Guides26 min read
What is a Virtual IBAN and How Do Platforms Use It to Collect Payments Globally?
A virtual IBAN model gives each seller or customer a unique **Virtual IBAN (vIBAN)** while routing funds into one underlying **Master account** or pooled structure. The practical value is straightforward: clearer attribution and cleaner reconciliation without opening a separate bank account for every user. This section is for finance, ops, and engineering teams that need operating decisions, not vendor claims.
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