Business accounts
Get a Euro IBAN account for your company
Applying for an IBAN account in a traditional bank as a company might be time-consuming and unfavorable, but with Genome you can do that quickly online and as secure, since we are a fully regulated and licensed Electronic Money Institution. All the features you need to run your business, none of the bureaucracy.
Business accounts
Experience the advantages of an IBAN business account
Send business transfers
Make seamless SEPA transfers using your dedicated IBAN. Send money instantly between Genome accounts, transfer funds internationally with SWIFT. Save and schedule transfers.
Get multiple accounts
Your business expands and your accounts too. Open up to 5 accounts in Genome in each currency — USD, GBP, and EUR, transfer money between with a flat 1% currency exchange fee.
Genome Visa Debit Cards
Never lose a business transaction again and pay securely with a slick black matte corporate card, or have it activated virtually with instant access, to skip the delivery.
Become a merchant
Grow your business in Genome! Apply online and start accepting payments, analyze your customers, optimize conversion and create custom payment pages in one place.
Manage the account with your team
Use Genome’s My Team feature to let members of your company access your business account securely and operate it, to share the workload. Edit access list anytime.
Keep business secured
Genome is regulated and protected by the National Bank of Lithuania, fully regulated and SCA compliant, so your business transactions are secured with 2FA and login OTPs.
Business accounts
How to start a dedicated SEPA business IBAN account?
Step 1
Step 2
Step 3
Step 4
Sign up to Genome using email or phone number.
Fill the information and pass the identity verification.
Upload the docs of your business and ownership proof.
You can also link it from the official registry where your company is incorporated.
iOS
Android
WEB
Business accounts
Genome elevates businesses no matter how small
Genome offers a low fee euro IBAN account opening for selected businesses! You can check more details about the account opening on our pricing section for businesses.
Business services
Want to know details? Contact us
Additional Services
Discover more Genome services for your business
Instant transfers
Receive and send money between Genome users instantly and without any hidden fees. Invite people with custom Genome link.
Learn more
Corporate card
Card for your corporate and marketing expenses in slick black matte finish with additional security layer.
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EU SEPA transfers
A better way to send or receive money if you live, work or run your business within the Eurozone.
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International SWIFT transfers
Send SWIFT transfers, save the template for the next transfers, schedule it securely, completely online.
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How do I generate an IBAN?
The International Bank Account Number is a numbering system that allows identifying the beneficiary when it comes to cross-border and international money transfers. It is utilized within the eurozone and by other countries. The length of an IBAN differs, but it can’t contain more than 34 characters. The number contains an ISO code of the country, the check digits, a bank code, a branch/settle code (not always), and an account number. Thus, the characters in your IBAN are generated depending on the indicators listed above. Some websites offer to generate your IBAN based on your country, bank code, and account number. With Genome, you can always look up your IBAN — log in, and check out the account details on the dashboard.
Is the IBAN number unique for each account?
Yes, it is. The IBAN is individual for each user to avoid errors and transfer money to the right account.
How to transfer money to an IBAN account?
It depends on the type of transfer you make. For instance, both SEPA and SWIFT payments require an IBAN or an account number (in case of SWIFT transfers), a BIC code, and the beneficiary’s name. The instant internal transfers also require you to enter the beneficiary's IBAN or their email/phone/account ID. Find out about sending and receiving money on Genome’s money transfers page.
What is the difference between IBAN and account number?
As was mentioned above, the IBAN consists of many different indicators, one of which is the account number. The account number (usually 10 to 12 characters) is shorter than the IBAN. Another point of differentiation is that the IBAN starts with two letters, that represent the ISO code of the country.