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What are the key limitations of dedicated Euro IBANs?

What are the key limitations of dedicated Euro IBANs?

Dedicated Euro IBANs currently have the following limitations:

  • Available only for EU-registered entities

  • Euro currency only

  • One IBAN per entity

  • Subject to mandatory KYB approval

  • Requests may be declined following a compliance review

These limitations are in place to meet regulatory and operational requirements.

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