Your Swiss IBAN is unique and consistent with your NFT id. For example, the following IBAN is asscoiated with NFT id 77010.
Your Swiss IBAN number is on your NFT
SAHHCHZ2 (BIC 8)
SAHHCHZ2XXX (BIC 11)
Swiss Franc Clearing
Swiss National Bank
Swiss Euro Clearing Bank
What is an IBAN number?
The IBAN code stands for International Bank Account Number, a unique set of characters made up of up to 34 letters and numbers that helps banks process transfers around the world.
Banks and other institutions use IBANs to identify individual accounts. They combine your local bank details into one string of characters, making it easy to identify your account when sending or receiving money.
When do I need an IBAN number?
If you’re sending or receiving money within Switzerland or internationally, most European banks will ask for an International Bank Account Number (IBAN). The IBAN is the safest, most efficient way to make sure your money gets to where it needs to be. More banks around the world are starting to adopt this system, but you may need more details when sending money to another country.
Why do I need an IBAN number?
Having an IBAN number with Fiat24 is highly useful if you need to manage your crypto and fiat funds, enjoy spending them, and want to have flexibility and ease of use. It is just like owning an IBAN given by any traditional bank, except that it is connected to your Fiat24 NFT, which is stored inside your preferred non custodial crypto wallet. This gives you an opportunity to off-ramp, transact, and spend your assets in a truly DeFi way, with the own-name IBAN account making sending funds to your traditional bank account a breeze!
What can I use it for?
Pay bills or receive your salary, use your IBAN to send and receive Euros and Swiss Francs, deposit and withdraw Euros and CHF to and from your bank account, and much more.