Welcome to
IBOS International
Banking - One Solution
The IBOS Association is an international banking
alliance, focused on providing corporate customers with
International Cash Management Solutions. IBOS is based
on its 12 members and their subsidiaries, each of which
is a leading supplier of local banking services in their domestic markets.
The IBOS offering consists of:
Competitive local services at the IBOS bank in the country concerned
Meshing of local services into regional, multi-country Cash Management arrangements
using the IBOS cross-border services
The offering is brought to the corporate customer via its local member, no
doubt an existing relationship bank.
IBOS Association has a central support office in London, which coordinates the
streams of work and the processes that make IBOS a network.
Go to this section for
an overview of the regions and countries in which
IBOS services are available. Find there also a summary
of the pitfalls in the local banking environments and why
deep local expertise is required.
Banks
Go to this
section for an overview of the membership levels in
IBOS and their rationale. Find there also a summary
of the each IBOS bank and their local capabilities –
engineered to meet the challenges of the local
environment.
Services
Go to this
section for an overview of the IBOS services that
enable multi-country Cash Management solutions to be
constructed. IBOS facilitates a direct meshing of
in-country activity with a regional scheme, without
the need for “conduit” or “overlay” banks as well.
Workstream
Go to this section
for an overview of the processes and streams of work that
are carried on by the IBOS banks under the coordination of
the IBOS central office. They represent a clear commitment
by the IBOS banks to act as a network and to provide consistent
and high-quality service to one another.
Tools
Go to
this section for an overview of the web-based tools
that have been developed and are used by the IBOS banks
to execute the processes agreed between them, such as for
Implementation Tracking and for Fault Resolution, and
which are then overseen by the IBOS central office.
Log On
Click Here if
you have forgotten your password or if you're having login difficulties.
IBOS
Membership
The prime benefit of membership is the ability to tap into an existing and
well-run network of major banks, and to bring the resulting attractive offering
to customers.
The commitments needed from the member are on five levels:
A financial contribution to the budget of the IBOS Association’s
central office in London
IT and Operational expenditure needed to implement the IBOS services to
the specified level, and then to run them in production
Allocation of staff to certain designated roles for the purposes of the
IBOS business model, such as taking inward referrals, dealing with faults
in production, and ensuring the bank’s data as held on the IBOS website
is up-to-date
Attendance of staff at the regular meetings of the Workstream in which
they are operative, including preparation and follow-up actions
Willingness to host meetings of the Workstreams
The IT and Operational expenditure is limited for banks who are up-to-date
on adopting SWIFT user guidelines, and in whose country banking is done on a
real-time and same-day basis as a matter of course.
Likewise, the roles for which staff need to be nominated may not always be
full time and can be combined with analogous activities towards the bank’s
own operations and other correspondents.
