About

International Business Settlement

As a global FinTech company, International Business Settlement (IBS) devotes itself to constructing a global cross-border payment clearing and settlement network with regional clearing circles, realizing a rapid, safe and low-cost direct payment channel between local currencies and Chinese Yuan (CNY).

IBS is expanding its business to Europe in order to provide the European enterprises and financial institutions with a fast, safe and low-cost direct payment channel to and from Greater China.

IBS Lithuania is a part of International Business Settlement Holdings Limited, a public company listed on the Hong Kong Stock Exchange (SEHK stock code: (00147.HK)).

1. Business Philosophy

International Business Settlement (IBS) is a licensed Electronic Money Institution that provides fast and cost efficient cross-border and cross-currency payment services between Europe and China. IBS employs proven cutting-edge technology to provide innovative and efficient payment solutions to its clients. Our team is focusing on delivering fast and cheap services to our customers.

2. Values

IBS as a global fintech company believes in innovation, transparency and simplicity, which combined allows us providing leading products and services in the market. Compared to Banks, our services are faster, cheaper, more user friendly and as much secure.

3. Competence

Our highly qualified and professional team with the background of central banking and 10+ years of experience in development of payment infrastructures and services is devoted to serve IBS clients by solving their transactional burden with passion.

4. Trustworthiness

IBS, as an Electronic Money Institution is supervised by the Central bank of Lithuania (Lietuvos bankas) and has passported its license to other EU countries. All the internal rules and procedures are fully compliant with the applicable regulations. IBS Lithuania is a part of International Business Settlement Holdings Limited, a public company listed on the Hong Kong Stock Exchange (SEHK stock code: 00147.HK).

Partners

At IBS we don’t discern customers and partners.

Payment Service Providers

IBS provides near real-time, multi-currency payment and settlement services between Europe and China. By connecting to our API, Payment Service Providers can make virtually instantaneous transactions from anywhere in Europe. Furthermore, IBS group provides CNY collection service in China for painless money transfers from China to the EEA.

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Businesses

In the very near future, IBS will provide multi-currency transfer service for small and medium-sized enterprises. Companies will be able to open the business account with IBS and make the funds transfers to China faster and cheaper than using their banks.
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Banks

IBS is developing Next Generation Settlement Network (NGSN) that will allow commercial banks to make multi-currency settlement service in real-time across the Belt and Road region.

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