Yes, that's how I do it. I cut the binding 2.25 inches, and do not press. Sew it to the front with not quite a 3/8" seam (width of the foot I use). Iron 3 times: first to set the stitches, second to just fold the binding over (but still don't press the crease in the binding) and the third time to do the fold over and set the crease. Then i SITD from the front. Normally, I don't even need to pin or glue the binding, just keep it folded over with my hand. Oh, I stop ironing about 3 inches from the corners and deal with them as I come to them with the SITD.