Want to see the iBanFirst platform in action?
Forget the admin and uncertainty of international payments. iBanFirst lets you pay, track, and manage FX risk efficiently in one seamless platform — all while building stronger supplier relationships.
How long do payments take to reach the recipient's bank account?
Cross-border payments can take anywhere from one minute to one week to settle. Regulatory and compliance checks, time zones, corridor maturity and payment cut-off times can all affect payment speed.
You can select your payment speed when creating a payment on the iBanFirst platform (depending on the beneficiary account, bank and destination country):
Instant: Payments between iBanFirst accounts are instantaneous (and free of charge!)
Standard: Payments are usually credited to the beneficiary's bank account within 2 to 3 business days.
Please note that payment speeds are not guaranteed.
Can I make bulk payments through the platform?
Yes, you can use the iBanFirst API to initiate bulk payments directly from your accounting software or use Isabel 6 or EBICS if you have subsidiaries in France, Germany or Belgium.
Can I add beneficiaries in bulk?
Yes, you can easily add multiple beneficiaries at once by uploading a CSV file. Find out how.
Can my beneficiaries also track payments?
Yes, you can share tracking links with your beneficiaries to give them real-time insights into payment progress.
That way, you and your beneficiaries can easily access live updates on your payments, so you're both aware of any roadblocks or delays and don't need to worry about sending status updates.
Can I automate the invoice payment process?
Yes. To make your payment process more reliable and efficient, iBanFirst has created iBanPay, a clever AI assistant that eliminates manual entry, improves operational efficiency, and saves you valuable time!
Can I attach invoices or payment references?
Yes, you can add payment references and attach documentation for reconciliation.
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.