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Despite that, it is helpful to know about the different types of banks, especially since the categories have changed over time. Thanks for your reply! Without an internship, getting into IB at the undergraduate level is extremely difficult. OSTTRA has added settlement orchestration to its suite of FX services to help clients optimise their derivatives portfolios and tackle critical challenges in the market. So if that is your main goal, you may want to reassess why you want to go into IB because it is not a terribly likely outcome.