Wallets & IBAN Accounts

Multi currency wallets and IBAN accounts through one operating layer

BearlaPay provides the platform layer to run multi currency wallets, FX, collections and payouts through a single API and consistent lifecycle model. For external account details and rail access, BearlaPay connects to regulated partners that provide named IBANs and virtual IBANs (vIBANs) and access to local and international payment rails.

The objective is a consistent internal model for balances and movements, even when the underlying rails and partners differ.

Core Features

Multi Currency
IBAN Issuance
FX Conversion
Ledger Engine

Wallet layer

Build wallet based financial products on a ledger foundation designed for operational scale.

Multi currency balances

Create and manage balances across supported currencies under one model, with predictable states and references.

Wallet to wallet transfers

Internal transfers with clear traceability and consistent eventing.

Money movement

Operate inbound and outbound movements with consistent transaction states and reporting outputs.

Ledger-backed postings

Movements are recorded through an atomic, ledger-backed posting model designed for auditability and clean reporting.

FX engine

Operate FX as part of the account layer, not as a bolt on.

  • Wallet based conversion
  • Spreads and pricing control

FX Capabilities

Wallet based conversion

Convert between currencies while keeping booking and reporting consistent across balances.

Spreads and pricing control

Support configurable spreads, including configurable FX markups where required by tenant or use case.

IBANs, virtual accounts and rail access via partners

For account details and access to banking rails, BearlaPay orchestrates partner connectivity while keeping your internal model stable.

Named IBANs and vIBANs

Issue account details suitable for collections and payer-level referencing, supporting cleaner inbound identification and reconciliation.

Rail coverage

Access to rails via partners, including SEPA, SEPA Instant, Faster Payments (UK) and SWIFT.

Collections and payouts at scale

Collections

Receive inbound transfers to named IBANs or vIBANs and map funds into wallet balances with consistent references and status handling.

Payouts and bank transfers

Send single or bulk transfers using the same lifecycle model and reporting structure.

Scheduled transfers and batch payouts

Support repeatable payout operations with consistent tracking and exception handling.

Controls and monitoring

Account products succeed on controllability and operational clarity.

  • Rules and limits
  • AML transaction monitoring
  • Traceability

Control Features

Rules and limits

Apply transaction rules and spend limits consistently across collections, payouts and FX.

AML transaction monitoring

Monitoring aligned to wallet movements and money movement flows.

Traceability

Operational visibility supported by eventing, references and audit logs.

Deployment options

Whitelabel SaaS

You bring the partners and contracts. BearlaPay provides the wallet/ledger layer, FX, controls, eventing and operating model.

Learn more →

Fintech as a Service

Use the same platform model, with BearlaPay operating applicable components where relevant and orchestrating partner delivered IBANs and rails where required.

Learn more →

Book a demo

See how wallets, FX, collections, payouts, vIBAN structures and rail connectivity map to your target corridors, with a consistent operating model as partners and rails expand

Book a Demo