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Virtual IBANs can also be created automatically by creating new customer or editing an existing customer.

Step 3

Virtual IBANs

Virtual IBANs (vIBANs), also known as dedicated funding sources, are unique virtual IBANs assigned to individual customers. Their purpose is to streamline reconciliation and reduce errors in incoming payments. Since each vIBAN is assigned to a single customer and not shared with anyone else, it provides certainty about the source of the payment.

VIRTUAL IBANS