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Regular Checking Accounts
Enjoy a regular checking account with no monthly service charge if you maintain an average daily collected balance of $5,000.
Online Services
You can access your checking account, pay bills and transfer funds between your accounts. Do all this and more through the Internet.
Contact your bank officer for details.
IDB Better CheckingSM Accounts
(Not-For-Profit only)
Not-For-Profit organizations can enjoy all the benefits of a regular checking account plus interest by maintaining a minimum daily collected balance of $5,000. To avoid a monthly service charge maintain an average daily collected balance of $5,000.
Money Market Savings Account
Invest in an account that offers higher money market interest rates and access to your funds by maintaining a minimum daily collected balance of $5,000. To avoid a monthly service charge maintain an average daily collected balance of $5,000. These accounts are limited in the number of monthly transactions as required by law.
Time Deposits
A wide range of time deposit maturities is available. Preferred rates are paid on deposits of $100,000 or more. Also ask about our Foreign Currency Time Deposits and other Time Deposit products. Deposits booked through our Cayman Island Branch, or IBF, are not FDIC insured.
Structured Time Deposits with Principal Protection
Our innovative Structured Time Deposits with Principal Protection offer exciting potential for increased return without risk to principal - even those that are linked for example, to equity indexes. These are particularly interesting for the risk-averse investor.
* For all of the deposit accounts listed above, please see the Rules and Regulations for the applicable account and our Schedule of Fees for further details, including any applicable minimum balance requirements and early withdrawal penalties. Copies may be obtained at any of our offices.
Safe Deposit Boxes
Protect your valuables in the heart of New York City at our modern facilities for just pennies a day.
Other Business Banking Services
- Cash Management
- Depository for Federal Taxes
- Direct Deposit of Your Payroll
- Escrow Accounts
- Foreign Collections
- Foreign Currency Demand Deposit Accounts
- Foreign Currency Time Deposits
- Hold Mail Service (for international clients)
- Interest on Lawyer Accounts (IOLA/IOTA/IOLTA)
- Lock Box Facilities
- Commercial Lending Services
- Money Transfers
- Not-for-Profit ProsSM
- PRO2PROSM – for professional firms
- Rent Security Accounts
- Safekeeping and Custody of Securities
- Travelers Checks
- Visa® Business Cards
- Remote Capture
Personal Banking
U.S. Private Banking
International Private Banking
For more information, please contact:
Elliot Tolchin, FVP
IDB Bank
511 Fifth Avenue, NY, NY 10017
(212) 551-8708
e-mail us
Roger N. Arsham, SVP, Commercial Lending
IDB Bank - Miami Branch
Harbour Centre
18851 NE 29th Ave., #600
Aventura, FL 33180
Tel: (305) 682-3781
Fax: (305) 682-3727
Sagy Aseraf, FVP & Head of International Banking
Tel: (305) 682-3707
e-mail us
Rene Carrion, AVP, Client Relations
IDB Bank
9401 Wilshire Blvd., Suite 600
Beverly Hills, CA 90212
(310) 860-6358
e-mail us
Moti Levy-Tsedek, FVP & Branch Manager
IDB Bank
888 So. Figueroa Street, Suite 550
Los Angeles, CA 90017
(213) 861-6445
e-mail us