Pay overseas suppliers in their local currencies

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 1-3 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.

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.

Yes, you can easily add multiple beneficiaries at once by uploading a CSV file. Find out how.

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.

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!

Yes, you can add payment references and attach documentation for reconciliation.

Yes. iBanFirst allows you to schedule payments in advance, so funds are sent automatically on the date you choose. For payments without currency conversion, you can schedule transfers up to one year in advance. For payments involving a currency conversion, payments can currently be scheduled up to two days before execution.