We know that investing in our clients’ success and making it personal is what makes us powerful.
We offer checking account options that combine exclusive banking benefits with access to a team of financial professionals that can help you with all your wealth management needs.
Money Market Savings Accounts
Invest in an account that offers higher money market interest rates and access to your funds. These accounts are limited in the number of monthly transactions as required by law.
Certificate of Deposits Savings Accounts
We offer a wide range of time deposit accounts with different maturities.
Enjoy the opportunities of a particular market while limiting your exposure to an unexpected market downturn. Our Principal Protected Structured Time Deposits allow you to achieve both objectives while participating in stocks, oil, commodities, currencies, arbitrage and even a basket of indexes, while enjoying 100% Principal Protection, if held to maturity.
Enhanced FDIC Protection Deposits for Higher Safety
Protecting your wealth as you prepare for life’s big moments and unpredictable challenges is a top priority. This is why we offer Enhanced FDIC Deposits for Safety solutions for accounts that exceed the $250,000 FDIC limit. Our programs extend FDIC protection, with the convenience of a single account and personal service of IDB Bank. This is a perfect solution for cash management strategies focused on safety, liquidity and access to funds. Learn more about our program >
- Variable Deliverable Forwards (Windows)
- Non-Deliverable Forwards
- OTC Vanilla and Exotic Options
- OTC Option Strategies
We offer competitive pricing, technical and fundamental market Analysis, hedging strategies, cash flow exposure analysis, access to experienced and knowledgeable FX specialists (traders), stop loss and limit orders.
Interest Rate Derivatives
Interest rate derivatives offer clients a variety of ways to manage their economic risk and exposure to interest rates. IDB’s derivatives team will work with you to determine a hedging strategy that matches your objectives and market outlook. We leverage our market view, experience, and real time data to provide products that match your needs and are competitively priced.
- Access to Experienced and Knowledgeable Derivative Specialists
- Debt (Gap) Risk Analysis
- Capital Risk Analysis
- Market Analysis (Technical and Fundamental)
- Interest Rate Hedging Strategies
- Interest Rate Swaps
- Cancelable Interest Rate Swap
- Interest Rate Caps/Floors
- ACH – create electronic payments or collections at a reduced price
- Bill Payment – pay anyone online that you pay today by check quickly and conveniently
- Controlled Disbursements – receive notification of the checks that are going to hit your account on a daily basis
- Manage timing and cost of payments
- Move funds easily between IDB accounts
- Initiate wire transfers easily and securely
- Quickly initiate one-time or recurring payments
- Flexibility of multiple payment types
- Eliminate manual entry on paper forms, calls to the bank, and concern about payment execution
- Remote Deposit Capture – deposit checks remotely from one or more locations
- Sweeps – move money automatically into interest paying accounts
- Lockbox – use lockbox services for receipt of large volumes of checks
- Stop Payments – initiate a stop payment online quickly and easily
- Daily balance transaction details
- Multiple bank account reports
- Previous day loan report
- Effective management of daily cash position
- Obtain consolidated information in easy reporting formats
- View all cash positions at a glance
- Replace multiple phone inquiries to the bank
Security & Fraud Protection
- Positive Pay – reduce check fraud through issue file data comparison with Positive Pay
- Flexible Permissions – require multiple levels of approval for varying types and amounts of transactions
- Multifactor Authentication – Use out of band approval technology to maximize security for logon and fund disbursement activity
- Multi-Level Approvals – give users permission for few or many functions
- Account Alerts – receive automatic notifications via email or text message for a variety of account conditions
- Account Maintenance – set up, change and delete users and permissions quickly online
- Data Export – download key bank data in file formats for a variety of systems, including via SFTP
- Account Targets – track your accounts against benchmarks you set
- System Customization – change how you view the information to meet your needs
Our IDBCARD® Visa Commercial Card is designed to streamline your business expenses and payment transactions, such as supplies, maintenance, repairs, operational expenses, travel, among other goods and services. The card will allow you to improve savings by expediting the procurement process and eliminating the need to issue purchase orders, invoices, and checks. By simplifying procurement, you will be able to dedicate more time to the growth of your business and focus on what matters to you the most.
Additionally, our program gives you the option to register in our online card management platform, ezBusiness, to oversee your cards, its users and all transactional data. With this convenient tool, you will be able to control access and permissions of your card users, manage spend and payments, and connect transactional data to your internal systems to make informed business decisions.
Benefits & Rewards
• Reduce purchase and transaction costs
• Eliminate invoicing costs and process
• Track business expenses
• Accounts receivables’ improved efficiency
• Improved cash flow and faster payment receipts