Manage intercompany flows
across currencies, banks and country borders
Simplify process
of opening and managing currency accounts
Regain control
of exchange rates and money transfer costs
Protect from volatility
of foreign currency exchange rates
Open accounts in any currency
When it comes to international transactions and wire transfers between banks, countries and currencies, unreliable service causes delays in payment reception and creates challenges for account reconciliation.
Through a 100% online process, iBanFirst lets you open accounts in 30+ currencies, with your own nominative IBAN that guarantees the security of transactions and reduces the risk of error. You are in full control, all money transfers and FX operations are managed from the same modern and efficient web interface, giving you full control of operations.
Manage FX risk
Volatility of currencies put businesses at risk. FX risk management solutions are not readily available on the market, and are reserved for currency trading desks of international banks.
iBanFirst has developed powerful and flexible foreign currency hedging (risk management) solutions, readily available to all customers, that are activated and used through the same web interface you use for all your transactions.
Integrate with your TMS and ERP
Leveraging banking connectivity standard, iBanFirst allows you to send payments through your ERP or TMS, and to directly receive account statements. With open APIs you are also able to integrate iBanFirst with any application and process.
Get competitive and transparent rates
Many international payments generate high fees and unfair foreign exchange commissions - sometimes hidden in the small print of bank brochures and charged after the fact. This negatively impacts your margins.
iBanFirst provides real-time instant FX payments at competitive rates, with a transparent and firm pricing that you can close in one click. You regain control of your international payments.
Trusting iBanFirst, your partner for international finance
Funds segregation
In compliance with EU regulations, client funds are held in separate accounts, at leading European banks. Only clients can access their funds.
Account security
iBanFirst implements state-of-the-art encryption and security. Accounts are protected with single-use (TOTP) passwords and dual-factor authentication.
Regulation
Fully licensed and regulated as a Payment Institution under EU PSD2, iBanFirst holds AISP and PISP accreditations, is a member of SWIFT and is SEPA homologated.