With iBanFirst, you can hold and receive funds in 25 currencies and execute payments in 135+ currencies. You can check the list of currencies available here.

Any company with international and foreign exchange payment volumes of more than €200,000 per year can open an iBanFirst account. Restrictions may apply depending on the country of origin, the activity of the company or the origin of the funds.

Simply fill out the account opening form to be contacted by our team.

iBanFirst is specifically designed to meet the needs of SMBs. Therefore, it does not offer the same scope of services to individuals. However, in cases of significantly larger private transactions (eg real estate purchases), you can open a non-commercial account with iBanFirst. For any specific enquiries, feel free to contact us directly.

At iBanFirst, we offer competitive and transparent foreign exchange rates and fees. Here's a complete overview of all our fees.

Unlike most corporate banks, iBanFirst does not charge any fees to open an account or 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.

As a regulated payment institution, we follow strict rules to safeguard your money. Our regulatory framework ensures that we maintain rigorous procedures to protect client funds, giving you confidence in the security of our services.

For instance, under the PSD2 directive, funds must be segregated from the payment institution's own funds and held in a separate bank account set aside solely for client money. In the unlikely event that iBanFirst encounters financial difficulties or becomes insolvent, your money will remain fully secure and protected in one of these accounts.

Companies that switch from their traditional bank to iBanFirst often mention more competitive and transparent pricing, faster international payments, and direct access to foreign exchange experts, along with a modern, easy-to-use platform specifically built for international transactions.

Most businesses continue to use their existing bank accounts alongside iBanFirst.

iBanFirst is a payment institution focused on payments and foreign exchange operations. Companies can use the platform to send and receive both domestic and international payments, manage multi-currency accounts, and control their FX exposure.

Many businesses keep their traditional bank for other services such as financing, lending, or additional banking products, while using iBanFirst for their payment and FX needs.