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):
- 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 ...
- 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 ...
- 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 ...
- 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, ...
- 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.
- 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 ...
- 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, ...
- 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 ...