Yes, during the migration to Finom X, you will be issued new IBANs as Finom now operates under its own licence and directly issues IBANs. You can continue using your current IBANs for 60 days after migration.

We understand that updating your payment details for daily business activities can be challenging. That’s why you have 60 days to inform your counterparties about your new payment details when the migration is finished. This ensures that your transition to Finom X is as seamless as possible.

Yes, once you migrate to Finom X, you will be issued a new German IBAN. Finom now operates under its own Electronic Money Institution (EMI) licence, which allows us to issue German IBANs to our customers directly.

You will continue to have access to your current IBANs during 60 days after the migration is completed.

For more information, feel free to explore our comprehensive Help Center, by clicking here.

If you have any further questions or need assistance during the migration, our Customer Support team is ready to guide you through every step. You can contact us from in-app chat or by email at [email protected]