Unlike most corporate banks, iBanFirst does not charge commissions or fees for currency conversions.

iBanFirst earns a spread on every currency conversion, which is calculated as the difference between the market rate and the client rate. This spread is transparent and is displayed on the web platform or communicated via phone.

The only fees charged by iBanFirst are payment fees. While these payment fees are fixed, they may vary based on the payment network, instructions, and speed. They are clearly indicated when creating a payment and selecting different payment options.