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 iBanFirst payments take to reach overseas suppliers?
Payments between iBanFirst accounts are instantaneous (and free of charge!).
For euro payments within the SEPA zone, funds are usually available the same day.
For international payments in other currencies, funds typically arrive within 2-3 business days, depending on the complexity of the routes, how many intermediary banks and time zones the funds pass through, and local cutoff times. Find out more about international payment speeds.
Can I make bulk supplier payments with iBanFirst?
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 multiple supplier beneficiaries at once in iBanFirst?
Yes, you can easily add multiple beneficiaries at once by uploading a CSV file. Find out how.
Can my suppliers track iBanFirst payments after I send them?
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 invoice payments with iBanFirst?
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 in iBanFirst?
Yes, you can add payment references and attach documentation for reconciliation.
Can I schedule recurring or future supplier payments with iBanFirst?
Yes, you can schedule recurring payments on the iBanFirst platform and use our range of forward payment contracts to lock in exchange 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.