Ivobank, a new online banking service specialising in online payments and money transfer services, has launched in the UK, Ireland, Canada and Spain.

Timothy Sawyer, Managing Director of Ivobank, said: “Our new company offers more than just online banking. We offer a service where businesses and customers who make payments online can do so knowing that their money is secure, earning interest and easy to manage. It also allows customers to move money instantly from their account to friends’ and families’ accounts with Ivobank, making it very attractive for international money transfers.”

Ivobank has been launched across the UK, Ireland, Spain and Canada, offering easy-to-use payment services to friends and family. Customers also have access to a virtual debit card - The Ivobank Virtual Card - which can be used to make purchases online anywhere that MasterCard is accepted.

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