Online Fund Transfer with IBS. Internet and phone banking is the first approach clicks in our mind, when it comes to online fund transfer. Online banking with IBS allows you to make payment for banking transactions such as, bills payment, transferring money, checking balance or setting up a regular payment to your bank or co-operative society with secure websites. Online banking is also known as internet banking, which you can assess via computers or cell phones. You can make a wide range of payment like; credit card transaction, paying tax, utility bill payments, recharge and transfer of funds to another bank or saving account. By following simple steps you can assess for internet banking, speak up to your bank branch for setting up an internet banking service to your phone which is having internet connection. You need a Name, Sort code and account details of the company you wish to make payment.