IBI offers Central banking services with or without counting to its
retail customers for many of the major banks in the region. The
advantage to IBI's customers are manyfold. Banks typically have a very late
cutoff for deliveries to their central processing facilities meaning faster
availability of cash for the customer.
Same Day Credit
Additionally, for several major banks in the region, IBI is able to operate as
an agent of the bank. This means that the process of crediting the customers'
accounts can occur much faster. Money picked up during the day is credited to
the customers' accounts electronically following a transmission to the bank by
IBI late in the evening, directly from IBI's
money processing facility. These funds are, at the discretion of the
bank, immediately available to the customer. IBI counts the money during the
night and the following day, any adjustments are transmitted to the customers'
accounts. IBI then delivers the money as bulk currency directly to the Federal