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| Cash Pooling - maximize the use of idle cash by making investments, paying vendors or reducing debt |
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- Borrow from within the company where it is available instead of going to a third-party.
- Improve liquidity control in a group.
- Consolidates balances from various affiliated SMBC accounts for financial control and investments, yet maintains a record of each account’s contributions to the total balance pool.
- Set up and maintain the interest rate per subsidiary and control the settlement of the principal.
- Monthly statements are generated tracking the pooling balance from each subsidiary and calculated interest amount based on the pooling balance.
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| Zero Balance Account - Automatically transfer funds between a master account and any subsidiary accounts |
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- Consolidate all balances each night automatically into one Master account.
- Eliminates having excess balances in separate accounts and maintains greater control over disbursements improving cash flow.
- Able to support the multi-currency environment of your cash management.
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