Want to see the iBanFirst platform in action?
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.
What fees can I expect at iBanFirst? Are there any monthly costs?
At iBanFirst, we offer competitive and transparent foreign exchange rates and fees. Here's a complete overview of all our fees.
Unlike most corporate banks, iBanFirst does not charge any fees to open an account or 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.
Can I link and manage multiple entities or subsidiaries from one account?
Yes, you can manage multiple entities and subsidiaries from the iBanFirst dashboard.
Do I still need my bank account, or does iBanFirst replace my bank?
iBanFirst doesn't replace your bank as a financial institution. Instead, it enhances your cross-border banking experience by providing a payment platform that puts you in control of your international transactions and FX risk management.
Can I secure exchange rates for future payments?
Yes, you can use our range of forward payment contracts to lock in rates for future payments.
iBanFirst S.A. is duly authorised and regulated by the National Bank of Belgium (under company number 0849.872.824) as a payment institution. Our registered address is at Avenue Louise 489, 1050 Brussels, Belgium. The products and services that iBanFirst S.A. offers are limited to unregulated spot FX transactions and deliverable forward payment contracts (forward payment, flexible forward payment and dynamic forward payment) excluded from MiFID and EMIR regulation, as they are intended to cover an underlying future payment for identifiable goods and services. iBanFirst S.A. does not offer options or any other financial instruments for investment or speculative purposes.