Source: https://rivet.global/eur-bank-account Last updated: 2026-11-06 # A EUR bank account in your company’s name. An IBAN your European clients can pay by SEPA or SEPA Instant, issued to your company wherever it is based. Available from Growth. [Open an account for free Open free account](https://app.rivet.global/register) [Talk to sales](https://rivet.global/talk-to-sales) EUR Example Account name Alvor Studio Lda IBAN •••• •••• •••• 3000 BIC •••••••• XXX Halden Studio LtdSEPA Instant+€9,230.00 ## What is a EUR bank account for a business? A EUR business account gives a company an IBAN in its own name. With Rivet, clients across the SEPA zone pay it by SEPA or SEPA Instant, and the euros land in a EUR balance, ready to hold, convert or pay out. It is available from the Growth plan, after verification. Updated November 2026 ## What each line does ### Account name Your registered company name, exactly as it should read on the client’s side. Euro-area banks check it. ### IBAN The one number a European payer needs. It carries the country, the bank and the account. ### BIC Identifies the bank. Many SEPA payments no longer ask for it, but it does no harm on the invoice. ## How clients pay you One IBAN reaches clients across the SEPA zone, and every payment arrives in a EUR balance. - SEPA Instant Seconds, around the clock When the client’s bank sends it, weekends included - SEPA One to two banking days Regular supplier payments ## Who it suits Invoice in euro and let the client pay as they would pay a local supplier, with your company as the payee. Collect euro in one balance instead of converting each payout into another currency on arrival. Hold euro where it was earned and pay sellers from the same balance on SEPA. From Growth $200 a month Growth adds EUR and GBP accounts beside USD, physical cards and lower fees. FX from 0.50%. ## Get paid in euro on one IBAN. Regulated partner institutions hold the funds. [Get started for free](https://app.rivet.global/register) [Let's talk](https://rivet.global/contact) FAQ ## Questions about EUR accounts No. The account belongs to a registered company in a country we support, and its owners do not have to live in the EU. Everyone owning 25% or more is verified with ID and proof of address. Yes. To the payer it is an ordinary IBAN, paid by SEPA or SEPA Instant with your company as the payee. Since 9 October 2025 euro-area banks have had to offer a check that compares the name entered with the name on the account. Give clients your registered company name as it appears in your details. Rivet is a financial technology platform, not a bank. Regulated partner institutions hold and move the funds, and to the person paying you the details work like any others. You apply in about 15 minutes. We verify the company before the account opens, and the verdict comes within 3 business days. ## Questions ### Does the company need to be in the EU? No. The account belongs to a registered company in a country we support, and its owners do not have to live in the EU. Everyone owning 25% or more is verified with ID and proof of address. ### Do European clients pay it like a local supplier? Yes. To the payer it is an ordinary IBAN, paid by SEPA or SEPA Instant with your company as the payee. ### What is the name check on euro payments? Since 9 October 2025 euro-area banks have had to offer a check that compares the name entered with the name on the account. Give clients your registered company name as it appears in your details. ### Is this a bank account? Rivet is a financial technology platform, not a bank. Regulated partner institutions hold and move the funds, and to the person paying you the details work like any others. ### How long does it take to open? You apply in about 15 minutes. We verify the company before the account opens, and the verdict comes within 3 business days.