Opening a Virtual Account Using IBAN

The new way to open a bank account—without the bank

Opening a bank account used to be an arduous process full of paperwork and long waits. But thanks to digital banking and crypto-friendly platforms like Freebnk, you can now open a virtual account with international account details in just a few minutes—right from your phone.

What is a virtual account and why does it matter?

A virtual account allows you to receive, hold, and send money in multiple currencies, without relying on a traditional physical bank. In addition to account essentials, modern virtual accounts often include:

• Multi-currency balances
• Crypto-to-fiat conversion
• Virtual Visa cards
• Real-time spending and transfer tools

But the most powerful feature? Access to a unique IBAN or international account number for fast and seamless cross-border transfers.

How to open your Freebnk virtual account

Opening an account with Freebnk is quick, secure, and 100% digital.

Step 1: Get the Freebnk app

Freebnk is available for both iOS and Android. Download the app to begin your onboarding process.

Step 2: Register your account

Sign up with your email, phone number, and a secure password. You’ll be guided through an identity verification process to ensure compliance with international financial regulations.

Step 3: Choose your account type

Select between a personal or business virtual account. Both offer multi-currency dashboards, but the business account also includes team access, batch payments, and additional tools.

Step 4: Receive your virtual account details

Once verified, you’ll receive your unique account data—including your IBAN or equivalent international transfer reference, based on your location.

Step 5: Start using your account

You’re ready to receive payments from clients, platforms, and banks worldwide. You can also:

• Order a virtual Visa card
• Instantly convert between crypto and fiat
• Manage all your finances globally within the Freebnk app

Why does IBAN matter for virtual accounts?

The International Bank Account Number (IBAN) simplifies how you get paid across borders. Whether you’re a freelancer billing clients in Europe or a crypto trader moving funds to fiat, having an IBAN lets you:

• Receive payments faster
• Reduce transfer fees
• Look and operate like a local in global markets

The Freebnk advantage

Unlike most banks, Freebnk lets you open an account without visiting a branch. From one platform, you can:

• Hold, send, and receive crypto
• Move between multiple currencies
• Spend globally using a virtual Visa card
• Track all activity with real-time tools

Whether you’re launching a remote business, working with international clients, or just want a modern alternative to banking, Freebnk gives you everything you need in minutes.

Ready to go global?

Try Freebnk today and manage your finances internationally—no paperwork, no waiting, no branch required.

Follow this step-by-step guide to open your Freebnk virtual bank account in just a few minutes: https://freebnk.io/help-center/how-to-open-your-freebnk-virtual-bank-account/