IBANs—short for International Bank Account Numbers—are essential for cross-border and SEPA payments. They allow clear routing of funds, eliminate ambiguity in transfers, and support faster settlement.

But launching your own crypto IBAN account or offering IBANs to users across Europe traditionally required complex licensing and infrastructure.

Now, with modern APIs, you can issue virtual IBANs in minutes—no direct banking relationships or compliance overhead required.

Every IBAN follows a global standard. It includes a country code (e.g., “DE” for Germany), two check digits, and a BBAN (Basic Bank Account Number). This format ensures routing clarity across banks and countries.

For example:

• Germany: DE89 3704 0044 0532 0130 00
• France: FR14 2004 1010 0505 0001 3M02 606

Understanding the structure is key when you want to validate, issue, or route IBANs across borders. If an IBAN exists and is correct, transfers are nearly instant. But if it’s incorrect—even by one digit—funds could be misrouted, or lost entirely.

Instead of maintaining banking licences or dealing with multiple correspondent relationships, businesses can now use a virtual IBAN API to assign accounts dynamically.

Striga’s platform lets you issue virtual IBANs tied to fiat or crypto wallets. You get full control of account creation, while we manage compliance, KYC, and settlement behind the scenes.

A crypto IBAN account can be linked to a debit card, exchange wallet, or a payment flow—enabling crypto-to-fiat settlement for global users without manual reconciliation or prefunding.

With a virtual IBAN solution, you can:

• Assign dedicated IBANs to users or wallets instantly
• Enable SEPA and international bank transfers
• Route fiat payments into crypto wallets (and vice versa)
• Monitor incoming and outgoing transfers in real time
• Maintain full visibility through a unified dashboard

All of this is available through a public sandbox and production-ready API.

As fintech evolves, so do expectations. Customers want faster digital payment flows, global online payments, and on-demand account access. Offering a crypto IBAN account through your platform creates trust and flexibility—while giving you more control over your payment stack.

Striga’s API lets you issue virtual IBANs, power global debit cards, and embed crypto payment infrastructure—all without the weight of traditional banking setups. If you’re building a fintech, exchange, or embedded finance product, the ability to issue virtual IBANs at scale gives you a competitive edge. With Striga’s virtual IBAN API, you can onboard users faster, settle funds efficiently, and offer a seamless payment experience—backed by full regulatory support.