What is TEBAN?
TEBAN is simply an acronym for Treasury Exchange Bank Account Number. The TEBAN is 8 digits and is our own internal master account numbering system that will work not only with all of our own internal ledgering systems, but will also work with external transfer systems like IBAN or SWIFT.
For non-traditional new Cryptocurrency systems, TEBAN is used to double check administration is correct and complete. The TEBAN will also be used with Smart Contracts to automate custom rules as per your instructions.
Click here to learn about Smart Contracts.