Don't let payment delays become cargo delays

Carriers require payment before releasing the Bill of Lading. Airlines settle within days of booking. Local handling agents expect payment within 7–14 days. Miss a deadline and cargo gets held at port, demurrage and detention charges start eating into your margins, and customer relationships collapse.

iBanFirst processes same-day payments across 135+ currencies, and our payment tracker gives you and your counterparties instant confirmation — no more waiting for funds to clear.

House all your currency corridors in one account  

A single Asia-to-Europe shipment generates flows in USD (ocean freight), CNY (origin handling), EUR (destination customs) and more — with CAF and bunker surcharges on top, in whichever currency the carrier chooses. That's four or five invoices landing simultaneously, each on its own settlement timeline — and hours spent reconciling them manually.

iBanFirst consolidates all your payment corridors in one platform. Make payments in 135+ currencies, hold and receive in 25, and automate your processes — all from one account.

The market moves. Your margins don't.  

Between quoting a client and settling with the carrier, exchange rates move. Sometimes slightly, sometimes significantly — but always at your expense. For freight forwarders operating on tight margins, even a modest FX shift can turn a profitable shipment into a loss.