At iBanFirst, we take client fund protection seriously. As a regulated financial institution, iBanFirst must keep all client funds in separate, safeguarded accounts by law.
This means that any funds you entrust to us are held entirely separate from our own operational accounts.
In the unlikely event that iBanFirst encounters financial difficulties, your money will remain separate from our assets, fully secure and protected in an account with one of our banking partners.
How we protect your money through account segregation
Your funds are deposited into specific bank accounts set aside solely for client money.
We hold these segregated accounts with top-tier banking partners in the EU, which ensures the highest levels of safety and reliability and compliance with the regulations of the European central banks.
Our strict adherence to regulations shields your funds from any risks related to iBanFirst’s business activities, giving you peace of mind when conducting international payments and currency exchanges on our platform.
Beyond compliance: Our commitment to protecting your funds
As a regulated payment institution authorised by the National Bank of Belgium, we follow strict rules to safeguard your money.
Our regulatory framework ensures that we maintain rigorous procedures to protect client funds, giving you confidence in the security of our services.
But our commitment goes beyond simply meeting regulatory requirements. We’ve chosen to work with top-tier banking partners and have implemented a multi-layered approach to client fund security.
If one of these institutions encounters difficulties, your funds remain unaffected.