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iBanFirst closed or froze your business account: what its terms say

As of October 9, 2026, these are iBanFirst’s own words on closing accounts: the notice it gives, the reasons it names and where a complaint can go next.

Notice before closing

We may give you two (2) months' notice in writing that your status as a Client has been terminated, but these Terms shall continue to apply to any contract or Trade then in place.

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Reasons it names for closing or suspending an account

We may, at our absolute discretion, withdraw your status as a client immediately in any case where we reasonably consider that retaining you as a client may put us in breach of law (whether law applicable in Belgium or in any jurisdiction) potentially … exposes us to penalties or restrictions for example as a result of sanctions imposed by any country.

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Complaints and where to go next

When the Client believes that iBanFirst’s response is not satisfactory or when iBanFirst does not answer the complaint within a reasonable time, the consumer may address a complaint to http://www.ombudsfin.be/ or to the local financial dispute resolution body.

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These are the provider’s published terms, not legal advice. Your own agreement and the law where your company is may give you more.