The Payment Tracker is iBanFirst’s latest feature, allowing both our clients and their beneficiaries to track payments in real time.

We understand how crucial it is for businesses to pay their suppliers on time and for beneficiaries to have visibility over these funds.

With iBanFirst, you can pay suppliers in 150 countries around the world and monitor the status of your payments anytime using the Payment Tracker—much like tracking a parcel with major delivery services.

You can also reassure your suppliers that their payment is on its way by granting them access to the Payment Tracker. Simply tick the email notification option when initiating a payment to enable this feature.

Leveraging iBanFirst’s SWIFT GPI membership, along with our own payment data, the Payment Tracker provides precise and accurate information about a payment’s status, the intermediary banks routing the payment, and the fees charged at each step of the process.

You initiate a payment on the iBanFirst platform and select the option to notify your beneficiary via email by ticking the corresponding box.

After the payment has been approved, you can access the Payment Tracker on the iBanFirst platform to monitor the status of your payment in real time.

Your beneficiary receives an email notification informing them that your payment is on its way. This email contains a link to the Payment Tracker, allowing them to check the payment's status as well.

If your beneficiary signs up for iBanFirst’s services, the experience improves even further: transfers between your respective iBanFirst accounts become both free and instantaneous!