Exchange Currency

International Banking Facility (IBF)

As authorized by the Federal Reserve in 1981, a sub-bank operation established by a U.S. domestic bank that enables it to participate in Eurocurrency transactions through a separate set of accounts not subject to Federal Reserve requirements, FDIC assessments and interest rate limitations.

Related information about International Banking Facility (IBF):
  1. International Banking Facility - Wikipedia, the free encyclopedia
    An International Banking Facility (IBF) is a separate account established by a U.S. bank, or a US branch/subsidiary of a foreign bank, or an Edge Act Corporation ...
     
  2. International Banking Facility (IBF) Definition | Investopedia
    A facility that allows depository institutions in the United States to offer deposit and loan services to foreign residents and institutions, while being exempted from ...
     
  3. International Banking Facility (IBF) Definition | Business Dictionaries ...
    separate banking center in a U.S. domestic bank or office of a foreign bank, authorized by the Federal Reserve Board in 1981 to participate in Eurocurrency ...
     
  4. International Banking Facility (IBF) - InvestingAnswers
    We explain the definition of International Banking Facility (IBF), provide a clear example of how it works and explain why it's an important concept in business, ...
     
  5. International Banking Facility - IBF: Definition from Answers.com
    International Banking Facility (IBF) Separate banking center in a U.S. Domestic bank or office of a foreign bank, authorized by the Federal Reserve Board.
     
  6. What is International Banking Facility (IBF)? definition and meaning
    Definition of International Banking Facility (IBF): As authorized by the Federal Reserve in 1981, a sub-bank operation established by a U.S. domestic bank that ...
     
  7. international banking facility (IBF) - Blackwell Reference Online
    Extract. If a US bank desires to accept Eurocurrency deposits and make Eurocurrency loans, it can establish an IBF. Upon proper notice to the Federal Reserve, ...
     
  8. What Are the Functions of International Banking Facilities? | eHow.com
    The functions of an International Banking Facility (IBF) are to book foreign-based deposits and loans at existing United States bank locations. IBFs represent a ...