that provides clearing and settlement for financial transactions within the IF-Group (International Finace Group) acting as central counterparty.
We ensure the proper implementation and clearing of clearing equity options and derivatives thus acting as a Derivatives Clearing Organization (DCO)
We organize the mechanism for the financial service within our group that participate in the Automated Clearing House (ACH) network. These organizations use the ACH to transfer funds either as debits or credits between participating institutions.
We also offer novation, the substitution of a new contract or debt for an old, or other credit enhancement services to its members.
International Finance Bancorp only works for its affiliates and members of the International Finance Group utilizing the services of other financial institutions,Banks and clearing houses.