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Description

U.S. Bancorp is the parent of U.S. Bank. With assets of $460 billion, U.S. Bank is the 5th largest financial services holding company in the United States, and one of the top-ranked commercial banks, offering comprehensive banking, trust, card, merchant and treasury management services. Some distinguishing characteristics of our business include;

  • #1 in the world in freight payment processing
  • #3 issuer of commercial bank cards
  • #3 merchant credit/debit card processor
  • #5 treasury management provider
  • #8 in ACH origination processing

A leader in offering remote deposit capture service NOVA Information Systems, a wholly owned subsidiary of U.S. Bancorp, and their European affiliate, euroConex, and Elan provide global merchant processing services and integrated payment processing services to more than 1,000,000 merchants worldwide.

Details

Host Bank

Yes

Account holding bank

Yes

Domestic branches

3,054 branches (25 states) 4,729 ATM locations

Non-domestic branches

Offering merchant credit/debit card services in 13 European countries

Short name

USB

Bank type

Member Bank

Website

usbank.com/internationalbanking

Accolades

  • Named a “Best Brand” for Middle Market and Small Business Banking by Greenwich Associates in March 2014.
  • U.S. Bank ranked one of the World’
    s Safest Banks (Global Finance magazine;
    2012 and 2013)
  • U.S. Bank scores First for Online Overall Customer Experience comparing the top 10 banks in the country (The Keynote Online Rankings;
    2012)
  • Elavon awarded “
    Best Merchant Acquiring Initiative”
    (Cards &
    Payments Awards;
    2012)
  • U.S. Bank #1 most trusted bank in consumer protection again* (Ponemon Institute;
    2012)
  • U.S. Bank named one of the “
    Best Banks in America”
    (Money magazine;
    October, 2012)
  • U.S. Bancorp named to the Most Reputable Companies list (Forbes magazine;
    April 2010, 2011, 2012)

Services Offered

Cash Services

No

Lockbox

Yes

Reconciliation tools (cheque/cash)

Yes

Sweeping and pooling

Yes

Trade services

Yes

Treasury management

Yes

Customer Services

Dedicated IBOS desk

Yes

Preferential IBOS customer service

No

Single point of contact for client

Yes

Customer service in English

Yes

Electronic Banking

Electronic banking in local language

Yes

Electronic banking in local English

Yes

The IBOS web portal

Through our online portal, IBOS members can access everything they need from a centralised dashboard. From easily looking up IBOS banks by country or group to accessing detailed information about each member, our member platform makes international collaboration easier.