IS IN-HOUSE BA NKING RIGHT FOR YOUR ORG A NIZ ATION?
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© K Y RIBA CORP. 2017
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K Y RIBA COM2
WHAT I S AN I N-HOUSE BANK?
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An in-house bank provides an internal current
account structure and other services to group
entities, which replicate the services typically
provided by an external bank.
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In-house banks provide services similar to those
of a commercial bank, such as offering payment
processing, liquidity management and collection
functions to various subsidiaries of large global
corporations.
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Technology is a key enabler to in-house banking
(IHB). There are many treasury technology
platforms (TMS & ERP) with various IHB
capabilities.
In-house Bank Defined
“A dedicated group or legal entity which
provides banking services such as cash
management, payments on behalf (POBO),
collections on behalf (COBO), FX requests,
funding and working capital to business units
within an organization.”