At IBOS, our mission is to offer local banking services through a global network of member banks. Unlike other banking networks, IBOS provide a full range of in-country services to help clients grow and meet their particular needs in any location.
Our breadth of global financial services enables you to deliver effective solutions that clients can access from around the world. Whether your clients require access to credit, deposit or cash-flow management services, we enable them to access local services and expertise from one account and globally.
As part of delivering a seamless, international banking experience, our services and solutions include:
As part of the iBOS network, members can give their clients the same range of global services they would have access to locally. Our global services include Credit, foreign exchange, deposit and investment services and facilities, electronic banking and statements.
We offer access to local expertise and efficient local payment (MT101), cash management and treasury services.
IBOS members and their clients can access effective solutions at lower rates.
IBOS members and their corporate clients can experience a streamlined account opening as we unify processes and documents in one place.
IBOS members and their clients can complete same-day transactions in any country at the same rate. This means no international transaction delays, checks or extortionate fees that you may experience elsewhere.
Our balance and transaction reporting service enables IBOS members to report on balance and transactions from the previous day and intraday.
Our international banking services include liquidity management. IBOS members can complete liquidity management, including cross-border sweeping and cross-border payments (MT101 and Mt103).
Our automated Cross-Border ZeroBalancing in Euro service, allows corporate clients to collect resources in one pot from across bank accounts in different countries and member banks. This is actioned by aggregating account information and the concentration of multi-currency balances.
As part of our international banking services, IBOS members can use our banking services without additional fees. Credit cards, payments and cash facilities can be made with the ATM/POS fees unified. There are no cross-currency differences anywhere in the world, meaning that you can take money out as if you were taking it out of your own bank.
Why become an IBOS member?
As an international banking alliance, we collaborate with some of the biggest commercial banks from across the globe that are members and use our network to learn from each other and provide a richer banking experience for their clients at an international level.
By working together, we allow you to grow your organisation. IBOS members can connect with local banking leaders and share services that their clients can then access from anywhere in the world. This also means that your corporate clients can trade internationally via member banks of IBOS and allows you to do business with your entire global supply chain from just one bank.
In addition to accessing global financial services, IBOS members have the chance to share knowledge and learn from market-leading local banks. Each of our members brings a wealth of experience and expertise to the table that other members can take advantage of to grow their global reach.
Become an IBOS member
If you would like to know more about how you can give your clients access to global services and local expertise, and benefit from the opportunity of growing your organisation, contact us to speak to our team of experts. We can arrange to give you a demo of our online portal and the advantages of connecting with other international banks in our network.