The customer must be of legal age and have completed identity verification (KYC) in order to activate one or more IBANs in the application.
The IBANs issued by Sumeria are French and consist of the French country code (FR), the check digits (2 digits), the bank code (8 digits), and the bank account number (10 digits).
Activate and access your IBAN
The customer can obtain an IBAN for any of their accounts in the application, from the screen of the account in question. They can download a RIB and view it in PDF format, whether on the mobile application or from a secure browser.
Receive revenue on your IBAN
Salary
It is possible to receive a salary on your IBAN.
Refunds
Refunds credited to a customer's IBAN must be justifiable. Proof of the origin of the funds may be requested (e.g., invoice, supporting document, etc.). Failing this, the funds may be blocked or returned.
Self-employed professional activity
"The self-employed person who has opted for the application of article L. 133-6-8 of the present code is required to dedicate an account opened in one of the establishments mentioned in article L. 123-24 of the Commercial Code to the exercise of all financial transactions linked to his professional activity."
It is therefore not possible to use an account and IBAN for professional activities.
In concrete terms, this means that if you are a self-employed entrepreneur, you must open an account dedicated specifically to your business, separate from your personal bank account. As Sumeria is not a bank account dedicated to professionals, it is not legally possible to use it to receive payments for auto-entrepreneur services.
Professionals are invited to learn more about Lydia Pro to find a solution adapted to their business.
Direct debit
The customer can provide their IBAN to their creditors to set up direct debits on their Sumeria account, learn more.