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You can now use hi like your regular bank account.
Starting today, members from EEA countries, the UK, and Gold Tier members and above can now activate their personal IBANs.
Your personal IBAN account supports Euros and Pound Sterling, and is compatible with all major banks, making it frictionless to transfer fiat between hi and other banks for deposits, payments, and remittances.
IBAN stands for International Bank Account Number and is an internationally accepted numbering system that identifies individual bank accounts worldwide. Financial service providers use IBANs to process money transfers and ensure payments arrive at the correct destination.
Eligible members can now activate their IBAN accounts within the hi Mobile Apps.
Eligibility
To activate personal IBAN accounts at hi, members must be:
• From the UK or EEA countries, and have completed KYC level 1; OR
• Have Gold Tier status and above, have completed KYC level 2
Use your personal IBAN to…
• Send and receive EUR/GBP to other people’s accounts through SEPA & FPS
• Deposit or withdraw EUR/GBP to and from your other bank accounts
• Transfer funds at true exchange rates, without any hidden fees
We are working hard to provide international fiat accounts for more regions globally. Initially, EUR & GBP are supported, with more currencies to follow.