What is an IBC tote? An IBC tote is a common term used in the industry to describe an Intermediate Bulk Container. Whether handling bulk liquids, viscous products or dry flowables, IBC totes or portable bulk containers can meet transportation and handling requirements for corrosives, flammables, food and beverages, custom chemicals, lubricants, pharmaceuticals, in a safe and cost effective way. The most common sizes are 350 and 550 gallon capacity.