Opening your IBAN account
How to open a EUR IBAN account in Fundly after identity verification, what you get, and what to expect on the first day.
Once your identity is verified, you can open a EUR IBAN account inside Fundly. The account is provided by [PARTNER], a licensed payment institution, and it works like any other European account: you can receive money, send money, and use it as the funding source for your Fundly card.
Who can open an account
At launch, the EUR IBAN account is available to Verified users only. Instant card holders can use the card with monthly limits set by our partner and regulators, but they do not get an IBAN. To step up, see Upgrading from Instant to Verified.
You also need to be a resident of a supported country. Check Supported countries before you start.
What you get
| Feature | At launch |
|---|---|
| Currency | EUR |
| Account number | Personal IBAN in your name |
| Incoming payments | SEPA credit transfer and SEPA Instant |
| Outgoing payments | SEPA credit transfer and SEPA Instant |
| Standing orders | Yes |
| Card funding | Link your Fundly card to the account |
GBP and USD account details are on our roadmap and depend on partner support. We will not list them here until they are live.
How to open your account
- Sign in to the Fundly web app at app.fundly.xyz and go to Account.
- Tap Open EUR account. If you are still on the Instant card, the app will guide you through verification first.
- Review and accept the [PARTNER] account terms. These are separate from the Fundly terms, so read them.
- Confirm your residential address. This must match your proof of address if we asked for one.
- Wait for the account to be created. For most people this takes under a minute. Some accounts go through a manual check and can take up to 2 business days.
When the account is ready, your IBAN and the account holder name appear under Account and in the Receive screen.
Your account currency and deposits
Your Fundly account currency is chosen at sign-up: EUR or USD. If you chose EUR, crypto deposits are converted to EUR and land in the same balance your IBAN uses. If you chose USD, your IBAN balance is a separate EUR balance, and you can move money between the two at the published rate.
Sharing your IBAN
Your IBAN is safe to share with an employer, a client or a platform that pays you. Only the IBAN and your name are needed. Nobody can take money out of your account with the IBAN alone.
To share it, open Receive, then Account details, and select Copy or Share as PDF. The PDF includes the IBAN, BIC, account holder name and the address of [PARTNER].
What happens next
- Read SEPA and SEPA Instant to understand transfer times and limits.
- Read Sending and receiving transfers for step by step instructions.
- Review How your funds are held to understand safeguarding.
Fundly is a financial technology company, not a bank. Limits and fees described as “at launch” are proposals and may change.