IBERBANCO LTD

Opening an Account with the Iberbanco Ltd Payment System (Canada)

Cost for the private persons from 400€

Cost for the legal entities from 600€

Opening Term: 2 business days

Remotely: yes

Iberbanco Ltd payment system was registered in 2023 in Canada as a financial service provider (MSB), MSB registration number: M23371461. Its headquarters is located in Mississauga, Ontario, Canada.

The main goal of establishing the payment system in Canada is to simplify the process of opening an account in Canada for its clients by providing detailed instructions at every step for hassle-free use of the services.

Benefits of opening an account with the Canadian payment system Iberbanco Ltd:

  • Accounts in EUR, GBP, or USD for international transfers in FIAT and cryptocurrencies.

  • SEPA, SWIFT, and ACH transfers, SEPA Instant transfers, and currency exchange services.

  • Global SEPA account setup within 24-72 hours, with the option to use a MasterCard debit card.

Operating outside the scope of CRS rules, Iberbanco Ltd puts client privacy first and ensures transaction anonymity worldwide. As a payment system registered in Canada, IBERBANCO Ltd offers a variety of currency accounts around the world, catering to all risk levels, including specialized solutions for high-risk companies. It is possible to open an account for a crypto company with Iberbanco Ltd.

For questions about opening an account with the Iberbanco Ltd payment system, contact Maira Consult.

IBERBANCO LTD advantages

1

Innovative Financial Solutions

2

Unlimited International Transfers

3

SEPA, Swift, and ACH Transfers

4

No CRS Exchange

General Information

Types of accounts

Personal and corporate accounts.

Personal visit

Online procedure for opening an account with the Canadian payment system Iberbanco.

Service rates

Account opening:

•For individuals: EUR 2,000

•For legal entities: EUR 5,000.

Account maintenance:

•For individuals: EUR 50 per month

•For legal entities: EUR 95 per month.

Useful information

Official website: www.iberbancoltd.com

Stages of account opening

01

Preparation of documents

To open an account with the Iberbanco payment system, you complete our questionnaire and provide us with information about your business and counterparties. Along with the questionnaire, you must submit the company's corporate documents and the personal identification documents of the director and beneficiary, or of the individual (for a personal account).

02

Analysis of documents

Our specialists analyze the information and documents provided and complete the Iberbanco payment system application forms.

03

Submission of documents

We send the finished set of documents for opening an account with Iberbanco to the manager for review.

04

Passing verification

The company's director and beneficiary, or the individual (for a personal account), go through online verification. An online call with a manager is held on an individual basis.

05

Compliance Check

At this stage, Iberbanco vets the client and may request additional information about the business and the source of funds.

06

Account opening

After the account is opened with the Iberbanco payment system, the manager sends the client the details needed to start working with the account.

Answers to the Most Common Questions:

To open an account with Iberbanco, you must first provide a full set of corporate documents and detailed information about the company's business and planned transactions, and the beneficiaries must go through identification and a compliance check. The entire corporate account opening procedure is conducted remotely.
No. Iberbanco Ltd is a Canadian financial services provider and states its MSB registration number as M23371461. FINTRAC registration is not a banking license.
The Iberbanco payment infrastructure supports EUR, GBP, USD, CAD, and other currencies. The options for holding funds, obtaining account details, and making transfers should be clarified separately: support for a currency does not always mean an individual account in that currency is provided.
Yes, but whether a specific crypto company can be served must be agreed before the account opening documents are submitted. Enhanced compliance for crypto companies includes reviewing the business model, licenses or registrations, client geography, the presence of AML/KYC procedures, and so on.

Our Contacts

Phone

+380 97 527-66-30

Client Relations Department

+380 73 427-66-30

Email

[email protected]

Address

Kyiv, 01054, Ukraine,

40B Ivan Franko St., office 207

Legal information

MAIRA LLC

EDRPOU code: 38202700

Jurisdiction: Ukraine

Working hours

Monday to Friday: 09:00 to 18:00

Saturday and Sunday: closed

We respond to inquiries within 15 to 30 minutes during working hours

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International Law Company Maira Consult