To open an IBAN and make a transfer from your IBAN, you’ll first need to write to the support chat on our website. We’re constantly improving, and the goal is for users to eventually be able to do it by themselves through their Embily Portal.

For now, just speak to a representative so an Embily IBAN account can be opened for you. This will allow you to transfer funds from your Embily account to an IBAN account of another bank or another Embily user.

Here’s what you need to know before using an Embily IBAN account:

  • Opening an IBAN account is free, and we do not charge monthly fees

  • Incoming SEPA - 0.02 EUR + 0.25% of the payment amount.

  • Outgoing SEPA - 0.06 EUR + 0.05% of the payment amount.

  • All SEPA transfers are executed the next day after the request. We do not process transfers on weekends.

  • Account balance fee - 0.0% per year on overnight balances charged daily,
    min. 0.01 EUR

  • Closing an IBAN account is free, but once the account is closed, it cannot be reopened.

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