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Receive client payments in their currency

Reach new markets internationally while guarding against risk. Invoice your clients and receive payments in their currency, wherever they are.

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Open currency accounts in minutes

Without an experienced partner, transfers and foreign exchange transactions can result in delays in payment or reconciliation. With iBanFirst, you can open nominative currency accounts, with individual IBANs guaranteeing transaction security and quality.
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Manage FX risk

FX market volatility poses a threat for businesses. Risk hedging solutions are not readily available and are often reserved for international banks’ currency trading desks. iBanFirst offers flexible currency hedging solutions to all clients, accessible through a user-friendly platform.
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Gain competitive, transparent rates

Many international payments generate excessive fees and foreign exchange commissions, negatively impacting your profit margins. iBanFirst lets you regain control of your international transactions, with instant multicurrency payments, competitive rates and transparent pricing, all secured with the click of a button.
A partner you can trust

Secure and reliable above all

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Born compliant

Fully licensed and regulated as a Payment Service Provider (PSP) in Europe and in the UK, iBanFirst is a member of SWIFT and SEPA certified.

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Five-star customer support

Any questions? Our experts are here to help you breeze through currency payment complexities, every step of the way.

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Ironclad security

We implement enterprise-grade data encryption and security controls to protect your funds and data.

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Safeguarded funds

Clients funds are held in separate and dedicated accounts, at leading Tier 1 banks.

Useful tools

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Frequently asked questions

Which currencies does iBanFirst offer?

iBanFirst currently offers over 30 currencies to open accounts, receive payments, hold funds and make payments. You can check the list of currencies available here.

At iBanFirst, we offer competitive and transparent foreign exchange rates and fees. Here you can find a complete overview of all our fees applied.

Unlike most corporate banks, iBanFirst does not charge any fees to open an account nor any monthly subscription fees.

iBanFirst earns a spread on every currency conversion, calculated as the difference between the market rate and the client rate. This spread is transparent and shown on the web platform or communicated over the phone.

Yes, iBanFirst offers the possibility to open multiple accounts in 30+ currencies online.
You can convert money at the real-time exchange rate between these accounts with a low conversion fee set in advance. Additionally, iBanFirst offers a complete overview of the costs involved in exchanging any given currencies before completing a transaction.

Opening an account with iBanFirst is a 100% paperless process.

  1. Fill out the account opening form to be contacted by an iBanFirst adviser.
  2. Send us the documents identifying your company and its beneficial owners.
  3. Our customer support team will set up your account so you can be up and running right away.
  4. You will need to activate your iBanFirst account by making a first transfer from your main bank account.
  5. Your account will be ready to use upon receipt of this activation transfer.

iBanFirst is regulated as a payment institution as per the European PSD2 directive, which strictly regulates how payment institutions, such as iBanFirst, operate and manage client funds and payments.

For instance, under the PSD2 directive, funds must be segregated from the payment institution's own funds and held at a custodian bank. Cash reserves must be held to guarantee the payment institution's solvency. Both measures guarantee that, in the unlikely event of iBanFirst’s insolvency, client funds would remain safe and secure and would be returned to the clients.

iBanFirst S.A. is duly authorised and regulated by the National Bank of Belgium (under CBE number 0849.872.824) as a payment institution. It is a direct member of the SWIFT network and is certified to make payments throughout the SEPA zone. As a payment institution, iBanFirst S.A. only offers hedging solutions (forward, flexible forward and dynamic forward) connected to underlying payment transactions. iBanFirst S.A. does not offer options or any other financial instruments for investment or speculative purposes.