Swapin’s Named IBANs: Available for Businesses and Individuals in EEA and Switzerland

August 1, 2023
Dedicated IBANs now available for businesses and individuals in EEA, UK, Switzerland

We are excited to introduce a groundbreaking update to Swapin’s solutions that will revolutionize your crypto on-ramp payments experience. Our latest game-changing feature, Named IBANs, is now available for both our business and individual customers in the European Economic Area (EEA) as well as Switzerland.

With our Named IBANs feature, you will be able to buy crypto with a bank account on behalf of your name or your business’ name. This product update was first launched only to our individual customers in the European Economic Area (EEA), from which we have heard good feedback and seen great improvements in user experience. This goes to show that Named IBANs enable smooth and easy bank-to-crypto transactions, offering you the convenience of more crypto-friendly transactions and giving you more peace of mind.

“Feedback from our customers is the basis for planning Swapin’s product roadmap. I am more than happy that we launched this innovative update, Named IBANs for crypto purchases, now available for all our individual and business customers in the EEA and Switzerland. We understand the challenges and complexities our customers face when navigating the world of crypto payments. With Named IBANs, we simplify the fiat-to-crypto experience for all of our users by helping them to make purchases on behalf of their names or business names.”

Evald-Hannes Kree, CEO at Swapin

For Businesses: Enhance Your Operations with Swapin’s Named IBANs

Swapin’s Named IBANs offer a game-changing solution for businesses. This innovative feature allows your company to effortlessly handle fiat-to-crypto transactions by making crypto purchases directly on behalf of your business’ name. Swapin’s Named IBAN streamlines your business operations, simplifies accounting, and eliminates intermediaries on bank statements. This results in smoother financial operations as well as better efficiency when dealing with crypto purchasing transactions.

For Individuals: Buy Crypto in Your Name

Individual customers can also experience the convenience of Swapin’s Named IBANs feature. This update overcomes concerns for your crypto transactions, as all purchases are executed in your name, providing you with a hassle-free way to handle your fiat-to-crypto payments.

Swapin’s Named IBANs: Easy and Simple

We’ve made it incredibly simple for businesses and individuals to access this innovative update. You do not need to opt in, as Named IBANs are offered by default. This feature is available for our customers in the European Economic Area (EEA) and Switzerland. Individual customers require Full or Full+ verification level, while our business customers must follow our KYB (Know Your Business) verification process.

Please be aware that Named IBANs are specifically for fiat-to-crypto payments initiated through Swapin only and cannot be used for other types of transactions.

Ready to Experience the Benefits of Named IBANs?

Individual customers can get started with Swapin’s Named IBANs today, or businesses seeking further information can schedule a call with Mike, our Business Development Manager. Don’t miss out on this opportunity to simplify and optimize your fiat-to-crypto transactions by embracing the power of Named IBANs!

At Swapin, we actively commit to empowering our customers with innovative solutions for their crypto-to-bank transactions. Stay tuned for more updates and product developments as we continue to enhance our services to meet the evolving needs of businesses and individuals.

Swapin’s support team is always here to assist you. Should you have any questions or require further information, feel free to reach out to us.


To stay updated with the latest news and industry insights, join our Telegram community and subscribe to our LinkedIn newsletter. Follow us on social media for more updates from Swapin.