Experience next level cross-border transactions with iBanFirst's unique combination of groundbreaking technology and FX expertise, designed to empower your business to operate seamlessly across borders.
By taking the complexity out of currency transactions, we give you the power to make the world your playing field. Collect, convert and send funds efficiently across 140+ countries while protecting your business from currency market volatility. Take your business further with ease.
Currency transactions minus the effort
Out with outdated and complex currency conversions and payments, in with fast and worry-free cross-border transactions.
Fair and transparent pricing, always
Access highly competitive exchange rates in real time. No hidden fees, ever.
Mitigate risk, foster agility
Secure your margins. Implement a winning hedging strategy with the support of our FX experts.
Live faster than you think
No implementation dwell time. You'll be up and running in a matter of days.
Our extensive network of local and international banks and FX partners allows us to use the fastest and most cost-effective cross-border payment routes for your business, every single time.
With our skilled FX specialists working as an extension of your team, we help you navigate FX market intricacies with confidence and make well-informed decisions for your business.
Technology is at our core. With best-in-class engineering, we've built the world's most intuitive international payments and currency exchange platform.
billion euros processed per month
Technology Fast 50
Winner in the fintech category
Europe’s 1,000 Fastest Growing Companies
Payments Tech of the Year
Who can open an account with iBanFirst?
Any individual or company with international and foreign exchange payment volumes of more than €200,000 per year is eligible to open an iBanFirst account. Restrictions may apply depending on the country of origin, the activity of the company or the origin of the funds.
Fill out the account opening form to be contacted by an advisor.
Are iBanFirst services available for individuals too?
iBanFirst specialises in offering SMEs the best possible solution for their needs. Therefore, we do not offer the same scope of services to private entities. However, in cases of significantly larger private transactions (real estate purchases, for instance) it is possible to open a non-commercial account with iBanFirst.
For specific inquiries, feel free to contact us directly.
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.
What fees can I expect to pay with iBanFirst? Are there any monthly costs?
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.
What does the process of opening an account look like?
Opening an account with iBanFirst is a 100% paperless process.
Are my funds secure?
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.