---
title: "Automate your recurring payments in foreign currency"
url: https://www.ibani.com/en/businesses/standing-orders
lang: en
---

For international businesses

# Automate your recurring payments in foreign currency

Overseas rent, European suppliers, cross-border payroll: set up your standing orders once and ibani handles every transfer at the best rate — no fixed fees, no manual intervention.

Thank you! You will receive an SMS with the link to download the ibani app.

✔ 5-minute setup  ·  ✔ No fixed fees  ·  ✔ Affiliated with SO-FIT (OAR)

## ibani standing orders vs. your current bank

Beyond cost per transfer, it's the operational features that make the difference: automatic flow identification, references transmitted without errors, simplified accounting.

|  | Traditional bank | ibani |
| --- | --- | --- |
| **Dedicated payment route per supplier**
a unique IBAN per recurring beneficiary | ✗ One account for everyone | ✔ One IBAN per supplier |
| **Payment reference transmitted automatically**
invoice number, supplier code, label… | ✗ Manual entry each time | ✔ Configured once, always transmitted |
| **Accounting reconciliation**
flow identified upon receipt | Manual sorting by reference or amount | Automatic assignment by route |
| **Fee per execution**
SWIFT, processing, correspondent | CHF 5 – 40 | CHF 0 |
| **FX margin on each conversion**
applied to every currency transfer | 1.5% – 3.5% | max. 0.4% |
| **Online modification or suspension** | ✗ In branch or by mail | ✔ One click, no delay |

[See the full rate comparison](https://www.ibani.com/en/compare-exchange-rates)

## Everything you need to automate your recurring flows

ibani handles the entire cycle — from FX conversion to wire transfer — for each of your standing orders, without any manual intervention required.

🔁

### Automatic recurring execution

Set up your order once: amount, currency, beneficiary, frequency. ibani executes each payment on the scheduled date without you having to think about it.

📅

### Custom frequency

Weekly, monthly, bi-monthly, quarterly — adapt the periodicity to your billing cycles or contractual deadlines.

💱

### FX conversion at the best rate

Each execution applies the ibani rate at the moment the order is sent (margin of 0.40% to 0.15% depending on the amount). No arbitrarily fixed margin in advance, no surprises on your statement.

🔔

### Alert before each payment

Receive a push or email notification before each execution. If circumstances have changed, you can suspend or modify the order in one click before it goes out.

✏️

### Modify at any time

Amount revised, beneficiary changed, order suspended for a month: everything is managed online, with no delay and no fees. You keep full control over every deadline.

📋

### Complete traceability

Each recurring payment is timestamped, documented and available in your history. Export your data for your accounting or ERP in seconds.

## Manage all your standing orders from the app

Create, modify or suspend an order in seconds from your mobile or browser. Every past execution is visible, every upcoming due date is displayed.

![ibani standing orders execution history](https://www.ibani.com/images/app-activity-screen-en.svg)

Execution history

![ibani standing orders dashboard for businesses](https://www.ibani.com/images/app-dashboard-screen-en.svg)

Dashboard

![ibani standing orders management in foreign currency](https://www.ibani.com/images/app-exchange-management-screen-en.svg)

Order management

[Discover the app](https://www.ibani.com/en/app)

## 7 years of international payments for Swiss businesses

ibani SA is not a startup finding its feet. We have been managing currency flows for businesses since 2018, within a Swiss compliance framework (AMLA).

35,000+

active clients

CHF 1bn+

successfully processed

2018

Founded in Geneva

### Financial intermediary affiliated with SO-FIT and audited for its activity

ibani SA is affiliated with [SO-FIT](https://so-fit.ch/), a self-regulatory organisation recognised by [FINMA](https://www.finma.ch/en/authorisation/self-regulatory-organisations-sros/sro-member-search/). Your recurring payments are executed by a financial intermediary within the meaning of art. 2 para. 3 AMLA, bound by the due diligence obligations of the Anti-Money Laundering Act.

[![SO-FIT Logo](https://www.ibani.com/images/sofit.svg)](https://so-fit.ch/)

They talk about us

[![L'Agefi Logo](https://www.ibani.com/images/logo-agefi.svg)](https://www.agefi.com)

[![Bilan Logo](https://www.ibani.com/images/logo-bilan.svg)](https://www.bilan.ch)

[![Le Temps Logo](https://www.ibani.com/images/logo-le-temps.svg)](https://www.letemps.ch)

[![24 Heures Logo](https://www.ibani.com/images/logo-24heures.svg)](https://www.24heures.ch)

[![Startupticker Logo](https://www.ibani.com/images/logo-startupticker.svg)](https://www.startupticker.ch)

## Questions about ibani standing orders

From the app or web interface, create a standing order by entering the amount, destination currency, beneficiary IBAN and desired frequency. The first transfer can be triggered immediately or on a future date. Full setup takes less than 5 minutes.

Yes, at any time and at no cost. You can change the amount, adjust the execution date, temporarily suspend the order or cancel it permanently — all from the app, with no need to contact an advisor.

The ibani rate is applied at the moment of execution: the real market rate at that instant, plus a margin of 0.40% to 0.15% depending on the amount.

ibani supports EUR, USD, GBP, CAD and SGD for standing orders from CHF. Other currencies are available on request. [Contact our team](https://www.ibani.com/en/contact) to find out the options available for your business.

If the available balance on your ibani IBAN is insufficient on the scheduled date, the standing order is not executed and you receive a notification. The order is not cancelled: it will be retried at the next scheduled due date. You can top up your account and manually trigger the execution from the app.

## Ready to automate your recurring payments abroad?

Join over 35,000 clients who trust ibani for their currency flows. Free account opening, no commitment, in under 10 minutes.

[Talk to an advisor](https://www.ibani.com/en/contact) [See our rates](https://www.ibani.com/en/rates)

✔ Free account opening  ·  ✔ Affiliated with SO-FIT (OAR)  ·  ✔ Team based in Geneva