A named IBAN (International Bank Account Number) bank account is sometimes referred to as a personalized or dedicated IBAN bank account. This is because the account is linked to a specific individual or business and is designed to receive payments in a specific currency. The account holder’s name is typically included in the IBAN number, which helps to identify the account and ensure that payments are credited correctly. In some cases, a named IBAN bank account may also be referred to as an individual or business account, depending on the type of customer the account is designed for.
What’s the difference between a CASP and a Crypto Exchange?
A CASP (Crypto Asset Service Provider) and a Crypto Exchange are terms related to the cryptocurrency industry, but they refer to different scopes of services