As of February 2020, Qonto automatically offers local IBANs to companies (French, Italian, Spanish or German depending on the country where the account is held), whereas before this date it was only possible to have a French IBAN.

The law states that if you have an account with a European IBAN (FR, DE, ES, IT or any other country within the SEPA zone), you can send and receive payments, with no limits and at no extra cost, to any other accounts with a European IBAN.

There should be no difference in the acceptance of your transactions if you have a French IBAN. However, some companies do not respect the law, and others simply prefer to receive or make payments with a local IBAN. It should be noted that merchants who do not accept IBANs from member states of the SEPA zone are in violation of Regulation N°260/2012 of the European Parliament and may be reported to the local monetary authority.

If your Qonto account currently has a French IBAN associated with it, but you would prefer to operate with a local IBAN, please complete the dedicated form (please refer to the FAQ of your country) and you will be redirected to the page with all the information necessary to obtain the new IBAN.