International Bank of Commerce (2024)

FAQs

How long does it take for IBC to deposit a check? ›

Your deposit may not be available immediately. For accounts opened less than 30 days, the funds will be available on the 11th business day after the day of deposit. For accounts opened greater than 30 days, the funds may not be available until the 4th business day after the day of deposit.

We will charge you an overdraft fee of $35.00 each time we pay an overdraft. Your account may be assessed multiple overdraft charges up to a maximum of six (6) overdraft fees per day or $210.00 total per day. You will not be charged an overdraft fee if your ending account balance is overdrawn by $3.00 or less.

IBC provides banking services for commercial, consumer, and international customers of north, south, central and southeast Texas and the State of Oklahoma.

Make sure you endorse the back of the check before photographing it. Add your signature and write "For IBC Mobile Deposit only." Once you have it centered, press the button to take the photo and "Use Image" again.

Generally, a bank must make the first $225 from the deposit available—for either cash withdrawal or check writing purposes—at the start of the next business day after the banking day that the deposit is made. The rest of the deposit should generally be available on the second business day.

Once you receive a check, you may not have immediate access to the full amount when you deposit into your bank account. Usually, it takes up to two business days for a deposited check to fully clear. This may be true even if your stated balance indicates otherwise.

If you choose to opt in to debit card and ATM overdraft, you are usually allowed to make ATM withdrawals and debit card purchases even if you do not have enough funds at the time of the transaction. However, you will generally incur fees on transactions that settle against a negative balance later.

We offer a basic personal checking account that is free of charge, which includes unlimited check writing and no minimum balance required. You can easily get started with a $10 opening deposit!

IBC Bank's Wire Transfer service enables customers to initiate payments quickly and easily. Wire Transfers are the fastest way to move funds between financial institutions and are ideal for handling large-dollar transactions.

Who is IBC Bank owned by? ›

International Bancshares Corporation, the parent of IBC Bank, is one of the largest banks headquartered in Texas. Currently, IBC Bank operates 191 full service branches and 288 ATMs serving 90 communities in Texas and Oklahoma.

MRDC deposits received after the daily cutoff time of 7:00 p.m. Central Time, Saturday, Sunday or banking holiday may be accepted and processed on Bank's next business day.

Learn how to deposit checks using your IBC Bank mobile app.

Place your check on a flat surface with the front view facing up and capture the image. Flip the check and properly endorse it - write "For IBC Mobile Deposit Only." Capture the back of the check, click "Submit Deposit," and you are *done!

Specify type of transaction such as "deposit" and whether you will deposit cash or checks. The ATM will give us information on when the funds will be available and if you would like to continue with this transaction. Select "Yes," to continue and to which account (checking or savings account).

While you can deposit checks over $10,000 at any bank or ATM, cashing this requires the bank to report it to the Internal Revenue Service (IRS), a rule for all cash transactions over $10,000. If you need a substantial check, you may also want to consider cashier's checks that the bank guarantees.

Funds deposited electronically or by cash are generally available by the business day after the banking day they were deposited. Review your deposit account agreement for policies specific to your bank and your account.

You'll normally need to wait 1 working day after the day you pay the cheque in for it to clear, so if you pay a cheque in on Monday (before 3.30pm) it will usually clear by Tuesday.