BBVA Virtual IBANs

Optimise your company's cash flow management

  • Simplify the reconciliation of collections with a flexible structure.
  • Reduce and optimize your operational workload.
  • Get a 360º view of your liquidity.

 

What are Virtual IBANs?

Imagine being able to create a hierarchy of collections for each department, store, project, or even for each of your customers, centralizing all real money in a single bank account, but keeping the information segregated and automatically organized.

Don't just imagine it, because BBVA Virtual IBANs are already a financial solution designed to give you visibility, control and agility in your daily cash flow management. Linked to a single real main account, each virtual IBAN has a unique identifier that allows you to channel payments and automate their tracking.

Why use Virtual IBANs?

Transform your company's financial management with a tool that adapts to your operational structure:

  • Automatic reconciliation: forget about manual accounting By assigning a unique virtual IBAN to each payer (customer, tenant, etc.), the system automatically identifies who has made the payment and for what purpose, reducing errors and saving administrative time.
  • Centralized cash management: get a global, real-time view of your liquidity, making it easier to make decisions without having to sweep cash between multiple accounts.

And, in addition, your company will obtain greater...

  • Flexibility and autonomy

    Create and manage your Virtual IBANs through our digital channels, without paperwork or branch visits.

  • Cost efficiency

    Manage your entire structure with a single real account and multiple more agile and economical virtual IBANs.

How do they work?

It functions on an intelligent hierarchical structure divided into:

  • Main account: This is your usual current account, where the money actually resides and from where liquidity is centralized.
  • Virtual IBANs: these have a standard IBAN format and channel funds directly to the main account, but leave the necessary digital 'footprint' for automatic reconciliation.

Here is an example

A car dealership can assign a unique BBVA Virtual IBAN to each customer ("John"). When John makes monthly transfers to pay for his car, the system recognizes them and automatically assigns them to his account. The dealership knows instantly how much John has paid without reviewing the overall statement line by line.

Who is this service for?

BBVA Virtual IBANs are the ideal solution if your company is looking to streamline processes and fits profiles such as:

  • High collection volumes: companies that receive thousands of transfers and need to quickly identify the sender (utilities, insurance companies, real estate companies...).
  • Complex structures: companies with multiple locations, stores, or departments that need to segregate accounting information without dispersing liquidity.
  • Need for automation: treasuries seeking to reduce manual administrative burden and integrate banking information directly into their systems.

Are you interested?

If you are already a BBVA customer and have access to Pivot, contact your adviser to access Virtual IBANs.

BBVA, the best Digital Bank in Spain for Companies 2025

The prestigious publication Global Finance has recognized BBVA as the best digital bank in Spain for businesses in 2025.

Would you like more information?

A virtual IBAN is an account identifier that allows you to receive payments as if it were a conventional IBAN. Each virtual IBAN is linked to a main account, where the funds are deposited.

This service allows you to identify and classify received payments without the need to open multiple bank accounts.

* An IBAN (International Bank Account Number) is an internationally agreed alphanumeric bank account code that helps banks process international transfers.
BBVA Virtual IBANs
Watch video