Yes. Qonto assigns your main accounts (and any sub-accounts) a country-specific IBAN based on where your company is located.  So if your company is based in Germany, you'll get an IBAN with a German prefix - just as with your Penta account.

Qonto's German branch has a local bank code and can therefore offer its customers all the benefits of an all-in-one financial solution with a fully German business account. In addition, Qonto has its own payment license and core banking system, which makes processing your payments easier and more reliable.

If you have any further questions please do not hesitate to reach out to our dedicated Serviceteam via and be sure to check our Information page on the merger of Penta and Qonto