Account Services

Accounts

Open accounts in a range of currencies, each with a sort code and account number or a choice of local IBAN. All accessible via our API and portal.

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At a glance

Instantly open accounts to access multiple payment methods.

Unique account numbers and local IBAN options for UK and EEA accounts.

Ensure accurate payments with Confirmation of Payee.

Flexible account solutions to support your business as it scales.

Explore the features

Each account comes with a unique account number. UK accounts are issued with a sort code and account number. For EEA accounts, choose from a range of local IBANs, including Dutch (NL), Spanish (ES), French (FR), and Irish (IE) to reduce the chances that payments get rejected due to IBAN discrimination.

Check the name of the account you are sending a payment to, reducing the chance of sending money to the wrong account.

Confirmation of Payee is the UK's account name-checking service, enabling you to quickly see whether the name of the account you are sending to matches the name of the person you intend to make a payment to. Whilst this can't guarantee that you aren't the victim of a scam, it provides you with an additional layer of re-assurance.

All Modulr accounts are also enabled so that the account name can be checked by someone paying money into a Modulr account.

Instant issuance and access to accounts via our API or portal, allowing you to efficiently manage all your payments.

Enable global payments with accounts available in a range of currencies. Open accounts in GBP, EUR, USD, CZK, DKK, NOK, PLN, SEK, CHF, HKD, JPY with more currencies coming soon.

100% of customer funds are safeguarded in line with UK and EEA requirements. Learn more about how your money is safeguarded by clicking the link below.

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Carl Hirchson

Product Manager

With Modulr, we got instant access to a full suite of services, enabling us to offer a business account that could be used to make and receive payments.

Ben Preston-Marriott

Product Director

All we have to do is fund our Modulr account and Modulr takes care of the rest.

Ali Venerandi

Head of Payments

The accounts helped us solve the reconciliation process very easily. API-led was a must-have and implementing the proof of concept initially only took one week, thanks to the easy to use documentation.

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Our industry-leading platform provides the highest level of automation, insight and control. Configure our product modules to streamline your business processes and manage complex payment flows. Available 24/7 via our API or portal.