IBOS banks play perect host (TT Apr03 p44)

IBOS is an association of major commercial banks that enables each member to offer a comprehensive international payments and cash management service to its customers, without the bank needing its own branch network. Several of the IBOS member banks have a significant regional footprint, which enables service to be offered in more than 40 countries on the basis of 12 member banks. This then translates into a meaningful global footprint.