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
Full
Website
https://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.
