iBanFirst
iBanFirst
iBanFirst is a B2B FX and payments platform well rated on Trustpilot (4.5+), handling €2.5B in monthly volume, with forward and flexible forward contracts for hedging and real-time tracking. The service is B2B only, however, with no card issuing and no FX speculation.
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | dedicato · BE, FR, DE, NL, GB, US |
| Multi-currency | Yes · 30 currencies |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | Yes |
| SEPA direct debit (SDD) | Yes |
| On-chain crypto withdrawal | No |
| SEPA transfer | Free |
| Interest on balance | 0% |
| ATM withdrawal | not declared |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA, UK · 50+ countries |
| Regulator | NBB |
| OAM Italy registration | No |
| Segment | B2B |
| MiCA / License status | Payment Institution AISP + PISP (PSD2) |
Plans & pricing
Strengths
- Trustpilot 4,5+; €2,5B/month; forward + flexible forward for hedging; real-time tracking.
- No notable sovereignty advantage documented.
Weaknesses
- Only B2B; no card; no speculazione FX.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (AISP + PISP (PSD2)): reporting to authorities and freezes on order.
Verdict
With an AISP/PISP licence under PSD2 supervised by the NBB, €2.5B in monthly volume and strong Trustpilot reviews, iBanFirst ranks among the category's most reliable on FX payments. Protection is narrow, though: it's a B2B-only service with no card issuing and average privacy for the segment.
Geared toward corporate FX hedging with forward and flexible forward contracts, iBanFirst doesn't speak the crypto-native language: full KYC, a custodial account and no FX speculation allowed. It's a B2B treasury tool, not a lever on privacy or self-custody.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is iBanFirst a real bank?
iBanFirst operates under a Payment Institution licence (BE). It is regulated by NBB. The deposit-protection scheme is not documented for this service; check the official terms.
Can I send transfers to third-party IBANs with iBanFirst?
The ability to send transfers to third-party IBANs is not documented; check the official website.
Does iBanFirst support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does iBanFirst support?
iBanFirst supports 30 fiat currencies. Multi-currency accounts: supported.
Can I withdraw crypto on-chain from iBanFirst?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework · IBAN countries Data verified on Jun 15, 2026
- statrys.com Plans & pricing · SEPA fee · SWIFT fee · Savings interest Data verified on Jul 11, 2026
- sifted.eu Issuer · Stock ticker · Stock listing · IPO date Data verified on Jun 15, 2026
- support.ibanfirst.com Regulatory framework · Deposit guarantee · On-chain crypto withdrawals Data verified on Jun 15, 2026
Show 2 more sources
- trustpilot.com Trust & safety Data verified on Jun 14, 2026
- welcometothejungle.com Company profile Data verified on Jun 14, 2026