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13Nov/08Off

CBI: Interbank Corporate Banking

The CBI, which in full means Interbank Corporate Banking, is a system that allows you to interact easily between banks.
The system was implemented, not only to facilitate the inter-relationships between banks that have business relationships, but also to improve safety in routine banking transactions that take place every day.

  • centralizes the relationship of an enterprise to the entirae banking system, in one place;
  • provides a broad range of financial functions, information and communications;
  • always uses the same communication standard;
  • provides a personalized service to the needs of the individual enterprise;
  • allows the possible integration with business processes;

Besides
Interbank Corporate Banking, known as CBI, is an electronic banking service that allows a company of any size to work directly through your computer, with all banks with which it maintains relations.
Conducted under the coordination of the Abbot, it is proposed to ensure adequate business customer service levels, including through the monitoring of compliance with the rules.

In particular, the CBI: centralizes the relationship of an enterprise to the entire banking system, in one place, provides a broad range of financial functions, information and commercial uses the same communication standard, providing a service based on cooperation of banks, without reducing the space competitive.
CBI services offered by banks are conveyed through an infrastructure governed by the Consortium CBI. The CBI network connects approximately 690 banks and more than 740,000 companies in optical end-to-end, and enables a range of innovative services, compliant with international standards, not only relating to the management of payment / collection (SEPA compliant) but also to the document management, reporting and reconciliation.
The project is coordinated by 'ABI and several banks are joining.

The idea was born in 2000 and to date has had a huge success in membership.
Now in these last two years it was thought to develop and improve the CIB creating CIB2.
While the CIB was drawn to a system, now the two CIB2 works similarly to the peer to peer and is called the end to end.
In essence, the interbank network and lets you further reports of various kinds.