IBOS is an international bank association with members from around the world. All the banks in the network are committed to providing clients with the best international banking services. They offer banks and their clients' local knowledge on a global scale, so they can successfully expand their business internationally. Bank members of IBOS have access to a broader choice of services they may offer their clients, allowing them to provide market-leading local banking support to multinational organizations. Members of the IBOS alliance can open accounts for their corporate clients across many markets by cooperating and sharing services, gaining the right to be the client's first choice. Each of the 34 members is known to local banking leaders in their home markets, bringing a wealth of knowledge, a track record of success, a sizable local market share, and competitive pricing. When it comes to cash flow, corporate clients trading globally via IBOS member banks may expect a more streamlined, centralized, and upgraded service. You can do business with your whole global supply chain as effortlessly as if you were using just one bank when working with an IBOS bank. Centralized treasury with decentralized AP & AR Customers need a comprehensive in-country payments service, along with in-country liquidity solutions. Using an MT101 service or Dzero, they can transfer funds from their local accounts to the centralized Treasury accounts they maintain and control through their local IBOS bank. Almost decentralized Customers can benefit from a full-service branch network spanning their critical countries of operation, offering services beyond payments, including detailed reporting and relationship management. Regional shared service center Customers in the Nordics, Iberia, Germany, and Austria can use the file transfer mechanism of their local IBOS member along with all our Centralized Treasury services. Services include Streamlined account opening through unified processes and documents for all bank members and corporate clients. Same-day transactions Same-day transactions in any country, at the same rate – no international transaction delays, checks, or extortionate fees. Balance and transaction reporting Previous-Day and Intra-day Balance and Transaction Reporting. Complete liquidity management Complete liquidity management, including cross-border sweeping and cross-border payments (MT101 and MT103). Cross-Border ZeroBalancing in Euro Automated Cross-Border ZeroBalancing in Euro - Corporate client resources are collected in one pot from across bank accounts in different countries and member banks (Aggregation of account information and concentration of multi-currency balances). Credit cards, payments & cash facilities Credit cards, payments, and cash facilities - ATM/POS fees are unified. No cross-currency differences anywhere in the world - it’s as if you’re taking money out from your bank. A more compelling proposition to prospective clients \tIn a world of increasing regulations, IBOS makes accessing banking services easier through consistent forms, documentation, and processes for the entire association. \tExpansive contact network enables a more effortless flow of information, accessible in all languages for banks and their clients. \tCombining the offering of fellow IBOS banks, members can provide their clients access to a broader range of services. \tGreater geographic coverage spanning the IBOS network gives clients better scope for international business. \tClients can access quality services around the globe at more attractive, competitive prices. Uniform, high-quality service provided by all IBOS members \tUnified client onboarding and service processes make partnerships between IBOS banks seamless \tDedicated multi-lingual teams in each bank can provide efficient support and assistance with local issues \tAccess to a vast network with transparent processes, quality checks, and escalation procedures in place to ensure issues can be resolved quickly and efficiently You can find out more and contact IBOS here. Further Reading \t How Fintech Apps Have Brought A Revolutionary Change In The Banking System \t White House is Banking on “Price Signals” to Avoid Shortage \t How to Work a Room?