intrafi repo

Put Cash to Work Earning Returns

With IntraFi^® Repo^SM, IntraFi network members can offer their high-value institutional customers daily liquidity and the protection of government or government agency collateral, along with a competitive return.

Why choose IntraFi Repo?

Institutional Investors

Protect large cash balances — funds, up to
$2 billion per customer, are backed by U.S. Treasury collateral (or by Agency MBS)
Enjoy daily liquidity
Put cash to work earning returns

IntraFi Network Members

Strengthen relationships with business and institutional customers
Earn fee income; move funds off balance sheet
Avoid turning away valuable customers whose large cash balances may otherwise negatively impact your balance sheet

How IntraFi Repo Works

A relationship institution enters into a repurchase agreement as agent for its customers

The custodian, BNY Mellon, holds securities on the customer’s behalf and sends or receives funding by wire.

It’s an overnight transaction that rolls, so the customer enjoys daily liquidity.

For the relationship institution, this is an off-balance sheet transaction —funds and securities do not reside on its balance sheet and it retains the customer relationship.

IntraFi Repo can help banks, brokerage firms, and other financial institutions to build valuable relationships and manage liquidity. The service is provided by Assetpoint Financial, LLC, a wholly owned subsidiary of IntraFi LLC. To learn more contact us today →

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Deposit placement through an IntraFi service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed through an IntraFi service at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. To meet conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA before settlement for deposits or after settlement for withdrawals. The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through an IntraFi service satisfies any restrictions on its deposits.