The Payments Blog for Business Managers
Narvi's blog covers all you need to know about business banking and global payments.
Featured Articles
Alternative Investment Funds [whitepaper]
A deep dive into alternative investment funds' (AIFs) market growth, regulatory updates, and the discussion of banking and payment needs.
How Many Bank Accounts Do Businesses Need?
It can be confusing to decide how many bank accounts your business should have — and to know which type of account provides the easiest access to funds and solid bookkeeping.
About business accounts, payments & banking
The Ultimate Guide to SWIFT Payments
Today, SWIFT spans every continent, including more than 200 nations and over 11,000 institutions globally. SWIFT payments: What are they, how do they work, why should you use them, and how do you get a SWIFT account? Read all about it in this article.
What is SEPA Instant?
SEPA Instant allows for immediate euro transfers between participating banks in the Single Euro Payments Area (SEPA).
The Global Currency Pairs: Majors, Minors, and the Exotics
Learn about commodity, exotic, major, and minor currency pairs as well as the workings of the forex market.
Why and How Open a Business Bank Account
A business bank account keeps your personal and business finances separate, which is vital for legal and tax purposes.
What is a Sole Trader Business Bank Account?
A sole trader (also known as a sole proprietor) business bank account is a special type of bank account specifically designed for self-employed people who run their own businesses.
Does a Limited Company Need a Business Account?
If you've just set up a limited company, you may be wondering whether you need to open a business bank account. After all, it's not always clear what the requirements are and which type of account is most appropriate for your business.
All You Need to Know about Business Bank Statements
How to obtain the business bank statement, whom to send it to and not, how to deal with errors, is it possible to remove old transactions, and other questions every business owner/manager must know the answer to.
When Do You Need & How to Get CSVs and PDFs
Downloading CSVs and PDFs from business bank accounts is a convenient way to keep a record of all financial transactions, access financial information from any device, and perform financial analysis.
Country guides
We are constantly preparing new guides on the countries where companies have a use case for borderless banking and fast transfers.
How to Open a Company in Finland?
If you’re looking to expand your business operations into Finland to take advantage of the many benefits of doing business there, you’ve come to the right place. Keep reading to learn more about why and how to open a company in Finland.
How to Open a Bank Account in Finland?
What are the requirements for setting up a bank account in Finland? And, is there an alternative to traditional banking? We’ll get answers to these questions and more below. Keep reading to learn more!
Doing Business in Finland
Finland is constantly ranked as one of the easiest places to do business due to a focus on technology and efficiency. If you're considering getting business partners or moving your operations here, don't miss this guide.
Opening a Business Bank Account in the Netherlands
Opening a Dutch business bank account will give your company access to financial services such as credit cards and loans, making it easier for you to manage your business finances.
Narvi use cases
Every company needs a business bank account. Which companies benefit best from Narvi's accounts and how do they use them? Find out in this section.
Exploring the Best Wise and Revolut Business Alternatives in the EU (2024)
The European financial landscape is evolving fast, thanks to digital banking and international money transfer services. Read on to find out why companies should look for a replacement to Wise and Revolut and what to choose.
Banking Solutions for the Shipping Industry
The shipping industry moves a large chunk of the world trade. However, slow processes at traditional banks can be as detrimental for a shipper as the Suez Canal was for the big boat called Ever Given. The solution — modern and agile financial institutions.
How Affiliates Can Handle Their Payments Without Issues
Do you run an affiliate business, and traditional banks refuse to open an account or issue a payment card? You are not alone. Discover why common challenges in getting your payments persist and a practical solution to avoid issues.
Multi IBAN Feature Use Case for Property Managers
A large property management company works with multiple property owners to manage their short-term lets. Click below to find out how the company used Narvi account to streamline their operations.
The Markets in Cryptoassets (MiCA) EU Regulation
The implementation of MiCA, the EU's cryptocurrency regulation, not only harmonizes and regulates crypto assets within the EU, but also affects non-EU countries by setting standards for cross-border services and introducing rules for market abuse, anti-money laundering, and combating the financing of terrorism.
Navigating the financial segment as an AML regulated entity
In the intricate world of financial regulations, onboarding a business demands a profound understanding of crucial elements that define its nature and operations. Read the most common questions here.
Narvi's Product Updates
We do our best to make it easy to manage your business banking. Learn how to add trusted recipients, delete or edit saved beneficiaries, and more.
What is Electronic Money: Everything You Need to Know
In our guide, "Electronic Money: Everything You Need to Know," we break down the basics of digital currencies, explaining where they come from, how they're used, and why they matter in today's financial landscape.
Why Internal Controls in Bank Account Made a Comeback
2023 saw a renewed focus on internal controls for bank accounts and payment services. The obsession over user experience led to many controls being removed over the past few years by banks and Fintech alike. Since 2023, we see more focus on user permissions and 2FA.
Detailed Guide to the Narvi Onboarding Process
Follow our step-by-step guide to ease you through the Narvi onboarding process. Our intuitive 4-step system will allow you to provide all the information we need to set up an account for your business.
FAQ
We've gathered the answers to popular questions here, sorted by category: opening a Narvi banking account, Narvi reviews and testimonials, how payments (SEPA and SWIFT) work, how to manage your account and refer your clients.
Why Should a Business Owner Read about Banking and Payments?
We’ve seen firsthand how crucial it is for growing businesses—especially in tech—to have a solid grasp of banking and payment processes to support cash flow and expansion. For example, tracking international payments with SWIFT can be a significant pain point if you don’t know the ins and outs. We break it down to help businesses like yours see precisely where funds are in the pipeline, eliminating guesswork and keeping your cash flow predictable. Similarly, SEPA Instant transfers are changing the game in the Eurozone, enabling real-time euro transfers that can help you meet supplier demands, manage payroll, and ultimately keep operations moving smoothly without bottlenecks.When it comes to structuring your accounts, whether you're a sole trader or running a limited company, having the right business accounts set up is essential—not just for compliance but for maintaining financial clarity.For example, separating business and personal funds can shield you from tax issues down the road, and the right accounts help you track and control your spending.And as the financial landscape evolves, with regulations like MiCA governing crypto-assets, it's important to stay updated. Not only does it impact EU transactions, but it also sets new standards for anti-money laundering and market stability that could affect your operations if you’re dealing with digital assets or even thinking about it for future investments.Our goal is to empower business leaders like you with the tools and insights to navigate these changes confidently.Navigating Global Markets: Your Guide to Borderless BankingIf you're thinking about expanding your operations or exploring new markets, navigating banking and regulatory requirements in foreign countries is crucial to setting up smoothly. For tech companies especially, the ability to manage finances across borders—whether in Finland, the Netherlands, or the Cayman Islands—can streamline operations and fuel growth.In each of our country guides, we unpack the practicalities of setting up a business, establishing the necessary banking infrastructure, and understanding local financial regulations, all of which can be overwhelming without the right guidance. For example, Finland’s emphasis on technological advancement and its efficient regulatory processes make it a prime location for business expansion in the Nordics. But to leverage these advantages, knowing the right steps to set up a local bank account is essential, not only to fulfill local compliance requirements but to tap into convenient financial tools that support quick transfers, credit options, and seamless payroll management.Similarly, in the Netherlands or even in more complex regulatory environments like the Cayman Islands, our guides help you understand the nuances of banking and business setup, which is key to ensuring operational continuity and reducing setup delays.For tech founders, this translates to better control over cross-border transactions, easier payment flows, and a secure way to manage international growth. Of course, after reading the guides, remember to consult a licensed professional such as a lawyer.The Use Cases of Borderless BankingNarvi accounts offer tailored solutions that simplify banking for diverse sectors, from investment funds to property management, tech startups, and beyond. For example, property managers can leverage Narvi’s multi-IBAN feature, which allows them to handle multiple accounts seamlessly under one roof. This setup is especially valuable for managing numerous properties or clients efficiently, with faster reconciliation and clearer oversight of finances. It’s a game-changer for companies that need to streamline operations across multiple income streams without getting bogged down in complex bank setups.For companies managing alternative investment funds (AIFs), Narvi addresses the evolving regulatory landscape and supports compliance through enhanced financial tools. With the EU’s changing regulations, secure, compliant banking is a must for funds managing diverse portfolios, and Narvi provides the robust infrastructure they need to scale.And as many businesses explore alternatives to Wise and Revolut for their international transactions, Narvi offers a powerful option that combines reliability, regulatory alignment, and features suited to the dynamic demands of European markets.Narvi’s Product Updates: Simplifying Your Business Banking ExperienceAt Narvi, we're constantly improving our features to make managing your business finances as efficient as possible. Our latest product guides and updates offer practical insights—from setting up trusted recipients and managing beneficiaries to maintaining internal controls and multi-user access. These updates give you both ease and control in managing your account, with a focus on enhanced security measures like user permissions and two-factor authentication to keep your funds and data secure. So do you want to know if Narvi's solution can be tailored to your business situation, industry specifics and needs?Narvi’s guides and help articles make the process straightforward and stress-free. Our resources are designed to help you get the most out of your Narvi account features so that you can focus on growing your business with minimal banking hassles.Did we get your interest? Read the provided resources to discover more.Guide and Article AuthorsThese guides are crafted by domain experts dedicated to delivering deep insights and practical guidance tailored to business banking needs. With a foundation of expertise across finance, fintech, and marketing, our team ensures that each article is grounded in real-world experience and knowledge.- Neil Ambikar, Narvi Payments’ Co-Founder and CFO, shares his strategic expertise, drawing on his extensive experience in financial leadership.
- Valeriya Kushchuk brings a wealth of knowledge from her background in business reporting and digital marketing within the crypto space, now leading Narvi's digital marketing initiatives.
- Articles are often prepared with support from Anssi Enroth, a Financial Management Specialist at Valjas, offering in-depth expertise in accounting, payroll, and financial management.
- Aaron Woolner is a financial journalist with over a decade of experience covering global banking and fintech with a focus on regulations, drawing from his roles at Capital.com and Asia Risk to provide informed perspectives.
- Noah Edis, an online entrepreneur and writer in SaaS and fintech, has been published by major content companies like SEMRush and NordVPN.
- Ayomide Adeleye contributes insights on gaming, cryptocurrency, and banking, combining her finance and tech knowledge to cover Narvi’s evolving services.
- Sarah Ruthe is a content editor who focuses on the ins and outs of money management and payment solutions.
What We Offer
Narvi Payments Oy Ab is an Authorized Electronic Money Institution (EMI). Narvi’s EMI license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3190214-6. Narvi’s license is Passportised to all European Union countries.
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