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Module 04  •  Plan stage  •  Self-study

Business Banking & Cross-Border Payments

Set up your business banking so money from abroad comes in smoothly, costs stay low and your account stays open.

6Lessons
About 2Hours
$100Price

Who this module is for

  • Anyone starting an online business that will sell to other countries.
  • Business owners paying suppliers or receiving money abroad.
  • Anyone who has had an account frozen, or wants to avoid it.

Before you start

Learning outcomes

By the end of this module you will be able to:

Syllabus

  1. Lesson 1 — Business accounts explained

    Banks vs electronic money institutions, deposit guarantee vs safeguarding, why many businesses use both.

  2. Lesson 2 — IBANs and virtual IBANs

    What an IBAN and a BIC are, accepting any SEPA IBAN, and how virtual IBANs make matching payments easy.

  3. Lesson 3 — SEPA vs SWIFT

    SEPA standard and instant transfers, Verification of Payee, SWIFT, intermediary banks and OUR / SHA / BEN.

  4. Lesson 4 — Currencies and exchange

    The mid-market rate, hidden margins, multi-currency accounts, local receiving details and when to convert.

  5. Lesson 5 — Opening and keeping an account

    KYC/KYB questions, documents to prepare, why accounts get frozen and how to avoid it.

  6. Lesson 6 — Getting paid internationally

    International invoices, payment references, weekly matching and a simple monthly routine.

Quiz & certificate

A 10-question online quiz at the end of the module. Pass mark: 70%. You can retake it once. When you pass, you receive a certificate of completion from SEBO Solutions UAB.

Course workbook

The PDF workbook for this module includes:

  • Account comparison sheet
  • "Do I need virtual IBANs?" check
  • My payment details for SEPA and SWIFT
  • Transfer cost calculator
  • Onboarding document checklist
  • International invoice checklist
  • Weekly and monthly routine
  • Glossary of banking terms

What every module includes

Course workbook

A PDF workbook with lessons, checklists and templates.

Short quiz

Check your knowledge at the end of the module.

Certificate

A certificate of completion from SEBO Solutions UAB.

Self-study modules include written lessons, the course workbook, a quiz and a certificate, without live sessions or a practical assignment.

Continue your path

FAQ

Is there a trainer in this module?

No. This is a self-study module: you read the six lessons at your own pace and use the workbook.

Will this course open a bank account for me?

No. You learn how to choose an account and prepare everything, so you can open it yourself, in your own name.

I'm outside the EU. Is this course still useful?

Yes. SEPA is European, but IBANs, SWIFT, exchange costs, account checks and invoicing apply to international business everywhere.

Sell to the world. Get paid without the headaches.

Get this course