The Kingdom Bank vs iBanFirst
In our editorial rating iBanFirst leads (4.5 vs 2.5). In short: The Kingdom Bank if your usage matches its strength, iBanFirst otherwise — the numbers above beat any slogan.
| The Kingdom Bank | iBanFirst | |
|---|---|---|
| Tier | D | A |
| Rating | ★ 2.5 | ★ 4.5 |
| Estimated net annual cost | €0 | €0 |
| Account fee | Free | Free |
| IBAN | dedicato · DM | dedicato · BE, FR, DE, NL, GB, US |
| Multi-currency | Yes · 80 currencies | Yes · 30 currencies |
| Outbound transfers to third-party IBANs | Yes | Yes |
| Utility direct billing | No | Yes |
| SEPA direct debit (SDD) | No | Yes |
| On-chain crypto withdrawal | Yes | No |
| Interest on balance | 0% | 0% |
| ATM withdrawal | not declared | not declared |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | EEA, APAC, LATAM, MENA, AFRICA · 100+ countries | EEA, UK · 50+ countries |
| Regulator | Financial Services Unit, Ministry of Finance of Dominica | NBB |
| OAM Italy registration | No | No |
| Segment | B2C | B2B |
| SEPA transfer | — | Free |
| Regions | EU/EEA, APAC, LATAM, MENA, Africa | EU/EEA, UK |
| Licences & safety | International Banking License | Payment Institution |
Frequently asked questions
The Kingdom Bank vs iBanFirst: which is better?
In our editorial rating iBanFirst leads (4.5 vs 2.5). In short: The Kingdom Bank if your usage matches its strength, iBanFirst otherwise — the numbers above beat any slogan.
Which is cheaper, The Kingdom Bank or iBanFirst?
On the standard spending profile The Kingdom Bank has the lowest net annual cost: €0 versus €0 for iBanFirst.
Is The Kingdom Bank custodial or self-custody?
The Kingdom Bank is custodial: funds are held by the platform, while iBanFirst is custodial.