Company Information

Get to know IDB Bank

IDB Bank (Israel Discount Bank of New York) is a full-service commercial bank and a subsidiary of the Tel Aviv-based Israel Discount Bank, a leading financial group in Israel. Established in 1949, IDB is chartered by the New York State Department of Financial Services and is a member of the FDIC. The bank focuses on building long-term, relationship-based partnerships with its clients, offering a comprehensive suite of solutions in two main areas: Private Banking for high-net-worth individuals and families, and Commercial Banking for middle-market companies, including sectors like commercial real estate, healthcare, and technology.

Industry

Financial Private BankingPRIMARY
Financial Banking
Financial Other Service

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IDB Bank

United States

Founded in

1935 (91 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.