How to Get a EUR IBAN in the UAE Instantly | Hubpay

How to Get a EUR IBAN in the UAE Instantly

Accept SEPA & SWIFT Payments from Europe Without the Wait

If you're a UAE-based business trading with Europe, getting paid in euros shouldn’t be a slow or expensive process. That’s why Hubpay offers EUR IBANs — giving your business the ability to receive and hold EUR directly, with no minimum balance and no long wait times.

Whether you’re a startup importing goods from Germany, a trading company serving French clients, or a consultancy billing in euros, a dedicated EUR IBAN from Hubpay can streamline your international payments and protect your margins.

What Is a EUR IBAN?

An IBAN (International Bank Account Number) is a standardized code used to identify a bank account internationally. Your EUR IBAN enables your UAE business to receive euro-denominated payments from European clients via SEPA or SWIFT rails.

Need a refresher on how IBANs work? Check out Emirates Islamic’s IBAN guide or Wise’s breakdown of IBAN numbers.

Example of a Hubpay EUR IBAN:

Why UAE Businesses Need a EUR IBAN

The UAE-EU non-oil trade hit $67.6B in 2024, making Europe one of the UAE’s strongest trading partners. Yet, for many UAE businesses, receiving euro payments remains costly and slow.

Traditional banks in the UAE often require:

• ❌ High minimum balances
  

• ❌ Long credit history build-up
  

• ❌ Up to 6–8 months of waiting to access EUR accounts
  
  That’s a huge bottleneck for agile businesses.

The Hubpay Advantage: EUR IBANs Made Simple

With Hubpay, your business can open a named EUR IBAN account in just one day — no hoops to jump through.

Here’s what you get:

Named EUR IBAN Account

Receive euro payments directly from your clients in Europe via SEPA or SWIFT, without third-party delays.

Zero Hidden FX Fees

Hold EUR and convert to 150+ currencies at mid-market FX rates, safeguarding your margins.

Instant Setup

Sign up for a Scale or Treasury account, and get your EUR IBAN from day one — no credit history or minimum deposits needed.

Built for Global Trade

Hubpay supports businesses in sectors like general trading, logistics, consulting, and e-commerce that rely on fast, reliable cross-border transactions.

FX and Treasury Solutions That Work for You

Once euros land in your Hubpay account, you can:

• Convert EUR to 150+ currencies
  

• Lock in FX rates with hedging tools
  

• Make mass international payments
  

• Use named IBANs in G10 currencies

Want to receive payments with cards? Learn more about Payment Links for UAE Businesses | Hubpay

Get Started in Minutes

Opening a EUR IBAN account with a traditional UAE bank can take months. With Hubpay, you get:

• ✅ No minimum balance
  
  

• ✅ EUR IBAN from day one
  
  

• ✅ SEPA & SWIFT payment support
  
  

• ✅ Integrated FX, treasury, and payroll tools

All you need is to sign up for a Scale or Treasury account, and our onboarding team will guide you through the rest.