International Notional Pooling is a cash management service, enabling a company or a group of companies to obtain better interest conditions by virtually offsetting credit and debit balances. Our Notional Pooling module allows you to do all of this.
Key features
- cross-currency;
- cross-border;
- offset in virtual terms bonus;
- distributed - pro rata - among all participating accounts.
Key benefits
- removes the need for inter-company loans and thus any related internal management costs;
- allows continued autonomous management of accounts included in the notional pooling, as balances are kept in separate accounts;
- reduces bank charges as no transfer costs involved;
- accounts in various currencies (EUR or any currency quoted daily against the EUR) can be included in the same pool;
- the decision to opt for Notional Pooling, which does not involve any investment on the part of the company, is reversible.