Providers · Business & Personal accounts
iBanFirst
1 plan in our database · licensed as PI, EMI
Data last verified: 21 August 2026
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Plans & fees
| Plan | Type | Monthly fee | Setup | FX fee | SWIFT out |
|---|---|---|---|---|---|
| iBanFirst Account | business · personal | Free | Free | n/a | €5 |
* Some FX rates are “from” or “up to”. ⚠ “from” = starting price (variable pricing) - the final fee depends on your profile. “Bespoke” = custom pricing on request. Compare across providers on the fee tables.
What you get
Hold up to 25 currencies · local account details in EUR, GBP, HUF, USD.
Getting in, and what you get
Priced for at least €200,000 in currency exchange a year - below that, extra fees apply.
Regulation
Regulated or registered in Belgium, United Kingdom.
Regulators: National Bank of Belgium · Financial Conduct Authority
In the fine print
Conditions from iBanFirst's own terms, pricing pages and acceptable-use policy that don't fit in a table. Read in full and checked by hand.
Pricing
- iBanFirst sets an eligibility threshold of 200,000 EUR in foreign-exchange volume per year; below that threshold, a 0.2% fee applies on incoming flows.
Payments & transfers
- Sending and holding are two different lists: iBanFirst pays out in 136 currencies but only 25 can be held or received.
Cards
- The service covers spot foreign exchange and deliverable forward payment contracts only - unregulated products that sit outside MiFID and EMIR; there are no options, no payment cards, and no crypto support.
Sanctions
- iBanFirst applies a general sanctions clause rather than a published list of specific countries: clients must warrant they are not under sanctions and are not located in, established in, or resident of a sanctioned country, and must not use the service in connection with any sanctioned person or country.
Licence & regulation
- The Belgian payment-institution license, held since 2013, is passported across 30 EEA countries.
Will iBanFirst actually accept you?
Acceptance depends on where your company is registered, where its owners live, where your money flows - and your sector. The wizard checks iBanFirst's published rules on all of them, and shows you the alternatives too.
Check in 2 minutes →