Halvane, accounts and payment approvals for groups of companies. From €49 a month.
Accounts and approvals for every company in your group.
Open a euro IBAN for each entity, move money between them in about a second, and release payments only when two people sign. For groups of 2 to 60 companies registered in the EU and EEA.
- Under 10 sSEPA Instant, any hour of any day
- €0Transfers between your own entities
- 2 peopleSign anything above the limit you set
Sample figures, not live.
The three numbers a group dashboard opens with, filled in with example values.
Moved between entities today
€18,462,040
Payments released with two approvals
12,906
Median SEPA Instant settlement
6.2 s
One account for each company, and one view of the whole group.
Every entity keeps its own IBAN, its own statements and its own rules. Finance sees all of them on one screen and moves money between them without a bank in the middle.
Accounts
A euro IBAN for every entity, in the entity’s own name, with balances in GBP, USD, CHF, SEK, DKK, NOK and PLN beside it.
- IBANs
- 1 per entity
- Currencies
- 8
Payments
SEPA and SEPA Instant around the clock, SWIFT to 140 countries, and bulk payments from a CSV of up to 2,000 lines.
- SEPA Instant
- Under 10 s
- SEPA cut off
- 15:30 CET
Between entities
Move money from one company to another in one step, in any currency you hold. Both ledgers update in the same second.
- Fee
- Free
- Settles in
- About 1 s
Cards
Physical and virtual debit cards for each entity, with a limit per card and a block list of merchant types.
- Virtual card
- 30 s
- Physical card
- 3 to 5 days
Reporting
Every balance in the group on one screen, daily statements per entity, and exports your accountants can import as they are.
- Formats
- CAMT.053, MT940, CSV
- Statements
- 06:00 CET daily
Money leaves only when your rules say it can.
Four controls sit between a payment and the bank rails. They are on for every entity from the first day, and each can be tightened entity by entity.
-
Two person approval
Payments over €10,0002 of 4 approvers, Norrbro Holding B.V.
-
Device keys
- Laptop, M. Lindqvist09:12
- Phone, T. RochaYesterday
- Hardware key, safe2 Oct
Key for every sign in -
Audit log
- Payment approved, 2 of 2
- Limit set to €10,000
- Sign in, laptop key
-
Allow list
Hold new payees for 24 h18 approved payees, Norrbro Logistics GmbH
Two person approval
Set a limit for each entity. Above it a payment waits for a second person, who signs on a different device from the one that created it.
Device keys
Sign in and every approval are signed with a passkey on a registered laptop, phone or hardware key. There are no codes by text message to intercept.
Audit log
Every sign in, approval, rule change and export is recorded with who, when and which device. Export it as CSV or JSON at any time; we keep it for ten years.
Allow lists
Limit each entity to payees you have approved. A new payee waits 24 hours before its first payment unless two people sign.
Client money is safeguarded in segregated accounts at two European banks, apart from Halvane’s own funds, and is never lent out.
From application to first payment in about three business days.
Five steps, with the time each one takes. You apply once for the whole group; every entity is checked on its own.
Apply
About 15 minutesCompany details, directors and owners for each entity in the group.Upload a registry extract, or give us the number and we fetch it.
Verification
1 to 2 business daysA person on our onboarding team checks the structure and every ID.If something is unclear we call you rather than send a form back.
Accounts open
Same day as approvalEach entity gets its own euro IBAN and a balance in each currency you choose.Statements start that day, in CAMT.053 and CSV.
Rules and people
About 20 minutesSet limits, approvers and allow lists, entity by entity.Each approver registers a device key before they can sign.
First payment
Under 10 secondsSend a SEPA Instant payment, or move money between your entities.Transfers inside the group settle in about a second, at no charge.
Three plans, priced by the size of the group. Every fee is in this table.
Prices are per month for the whole group, excluding VAT. Pay yearly and the twelfth month is free. Incoming payments and transfers between your entities cost nothing on any plan.
Questions finance teams ask before they move.
Who can open an Halvane account?
Companies registered in the EU or EEA, and groups whose parent is registered there. Each entity is verified on its own, so a group can open its first three companies and add the rest later. Sole traders and charities are not supported yet.
Where is our money held?
In segregated safeguarding accounts at two European banks, apart from Halvane’s own money. It is not lent out or invested, and the safeguarding banks are named in your account agreement.
Is it covered by a deposit guarantee scheme?
No. Halvane is an electronic money institution, so your funds are safeguarded rather than covered by a deposit guarantee. If Halvane failed, safeguarded funds would be returned to you ahead of any other creditor.
How long does verification take?
One to two business days for most groups. Structures with trusts, or more than three layers of ownership, can take up to five business days. A person on the onboarding team will tell you which applies on the first call.
Can approvers sign from their phones?
Yes. Approvals are signed with a device key on the approver’s phone or laptop. A payment can never be approved from the device that created it, even by an administrator.
What does it cost to leave?
Nothing. Plans are monthly and you can close an entity or the whole group from settings. Remaining balances go to an account you name within two business days, and your statements and audit log stay downloadable for ten years.
Open an account for your group.
The application takes about 15 minutes. Have a registry extract for each entity and an ID for each director to hand.