IBSettle is a licensed Lithuanian EMI offering SEPA and SWIFT payouts via dedicated IBANs, with access through a web portal or API. Their solution supports automated, compliant, and scalable Euro payments across the EU.
General Information
IBSettle processes transactions at specific intervals, with cut-off times based on Central European Time (CET) using the 24-hour clock format. These schedules apply only on business days. Please note that the receiving bank may require additional time to credit funds, so the times below should be viewed as general guidelines, not guaranteed delivery times.
Time of Payment Submission | Expected Payment Receipt |
|---|---|
Before 10:00 | Same day – 12:30 |
10:01 to 12:30 | Same day – 14:00 |
12:31 to 15:00 | Same day – 17:15 |
15:01 to 17:00 | Same day – 18:45 |
17:01 to 10:00 (next business day) | Next business day – 12:30 |
Supported Transaction Types
Authorisation
Capture
Purchase
Refund
Withdrawal
Integrations Supported
Deposit
Hosted Payment Page
Direct Connect ( server-to-server)
Withdrawal
Hosted Payment Page
Direct Connect ( server-to-server)
Additional attributes to process Sepa Payouts via IBSettle
The following JSON attributes need to be included in the payload.
Description | Hosted Payment Page |
|---|---|
Force Transaction Routing | "Routing": { "ForcePayment": "IBS" |
Client Details | "Client":{ "email": "joe@test.com", "firstName": "Joe", "lastName": "Bloggs", "city": "MagicCity", "IPAddress": "127.0.0.1" |
PaymentMethodData | "BeneficiaryAccountNumber": "DE75512108001245126199", "BeneficiaryName": "BenName" |
Test Indicator (required in Sandbox Environment only) | "isTest”: true |
Sample request below
{
"TransactionType": "ORIGINALCREDIT",
"Amount": "1.00",
"Currency": "EUR",
"OrderReference": "MerchantOrder1",
"RedirectionURL": "https://www.yourURLhere.com/technicalsupporttool-fe/Redirect/",
"CallBackURL": "https://www.yourURLhere.com/technicalsupporttool-fe/Redirect/",
"IsTest": "True",
"Client":{
"email": "joe@test.com",
"firstName": "Joe",
"lastName": "Bloggs",
"city": "MagicCity",
"IPAddress": "127.0.0.1"
},
"PaymentMethodData": {
"BeneficiaryAccountNumber": "DE75512108001245126199",
"BeneficiaryName": "BenName"
},
"Routing": {
"ForcePayment": "IBS"
}Test Credentials
A test simulator is available when using the dev environment.