Cibar

"We just acquired GTS through a merger and during the system evaluation process we made the decision to stay with GTS, which in my opinion was the best decision. The system is very user friendly and the support that we get from everyone in the company is extraordinary. I have never worked with a group of people as dedicated."

Regions Bank

Products

Cibar markets two integrated products which, when used together, provide the most comprehensive Trade Finance system available. Global Trade Services (GTSnet) and Internet Customer Connection (ICC) provide the bank and its clients with an unsurpassed capability for managing and controlling their trade service business.

Global Trade Services

Cibar's Global Trade Services (GTSnet) system was designed to fit the needs of every sized bank. Whether you are a small regional bank or a global trade bank, GTSnet will work for you. GTSnet has a structure that incorporates Imports, Exports, Standbys, Guarantees, Bankers' Acceptances, Reimbursements, Cash Letters, International Payments and Participation/Syndications. GTSnet provides all the information required by management to maintain a complete and accurate picture of the bank's entire trade operation, and best of all, GTSnet maintains all this information on-line for instant access. Read More

Internet Customer Connection

Internet Customer Connection (ICC) utilizes the World Wide Web to capture applications and deliver data back to the customer in the form of inquiries, history, fees, outstanding reports and copies of any output created on their behalf by the bank. ICC is capable of interfacing with other third party security systems to provide a safe and efficient certification process to insure your customers' confidentiality. Read More

Cash Letters

Cibar offers a Cash Letter system that is capable of interfacing to extract files generated by the proof department. The Cash Letter functionality includes the capability to give the customer both immediate or deferred credit and process returned items.

Wire Transfers

Cibar offers the ability to process incoming and outgoing International Wires Payments covered by either Fedwire, Draft, or Swift. The Wire product will generate accounting, send Swift and Fedwire messages, and check for OFAC violations.

News & Announcments

Cibar retained by PNC Bank in Acquisition of National City Bank
Cibar retained by TD Bank, N.A. in Acquisition of Commerce Bank
Cibar will be attending the May 16th IFSA Conference
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