What are Bank Transfers (with Digital IBAN)

Characteristics:
  • A REFERENCE TRANSFER;
  • Which allows the payment to be directly identified;
  • A different way to end with not identified payments in bank reconciliation;
  • Allows you to assign a digital IBAN to each customer, to an invoice, or to a contract;
  • Automatically identifies who is paying and what is being paid;
  • With a collection success rate much higher than Multibanco References;
  • Notifications on D+1;
  • Allows returns;
  • Can be used from abroad.

Benefits:

For the receiving company:
  • For the issuing company, it identifies the origin of receipts;
  • Promotes automatic bank reconciliation;
  • Allows returns.
For the merchant who pays:
  • Same operation as traditional bank transfer;
  • It is no longer necessary to send proof to the beneficiary;
  • Allows returns.