Due now supports named EUR virtual accounts. If your platform serves business customers that need to receive EUR, you can issue each of them dedicated EUR account details in their own company name, collecting over SEPA and SEPA Instant through one integration.
EUR services like this now fall under MiCA. Due has been fully authorized since March, one of the first non-bank CASPs in Spain, and these accounts are issued under Due Network S.L., our MiCA-authorized entity.
Who this is for
This fits any platform whose end customers are businesses receiving EUR. That covers a wide range of use cases, including:
- Marketplaces collecting from business sellers in the EU
- Payment service providers and gateways whose SMB merchants settle in EUR
- Fintechs onboarding corporate clients that need a EUR account to receive payments
- Payroll and disbursement platforms paying out to registered businesses
- B2B invoicing and AR platforms collecting on behalf of their business customers
- Treasury and expense platforms that need dedicated EUR receiving details per client
If your platform onboards businesses that need to receive EUR under their own name, this is built for that, regardless of which category above it falls into.
Instead of building EU banking relationships in-house, you integrate once and issue named EUR accounts to every business customer you onboard. The accounts are named, so your customer's own company name appears on the details they share with payers, rather than a provider's.
What it supports
A EUR virtual account collects through SEPA. Pay-in settlement times:
Each account is unique to the customer you issue it to, so incoming payments attribute automatically with no manual reference matching.
Full setup details, including the endorsement request and API calls, are in the Due documentation.
One integration for moving money globally
Named EUR virtual accounts are one piece of what Due does. The same API gives platforms:
- 🌍 Local payment rails across 80+ countries, for collecting and paying out in local currencies
- 🪙 Stablecoin networks, so you can settle in stablecoins alongside fiat
- 🛡️ Compliance handled, including KYC/KYB and licensing across markets
- 🔌 One integration, instead of stitching together a separate provider per market
If you want to see how named EUR virtual accounts, or the wider platform, fit what you're building, book a demo and we'll walk through your use case.
Disclaimer: Due is not a bank. Banking services, including EUR account details, are provided by Due's regulated bank partners.
