Cash Pooling helps you make the most of your money, with funds being automatically swept between your designated subsidiary account(s) and main pooling account at the end of each day.

If you choose our Two-Way Pooling scheme then funds will be swept back to the subsidiary account(s) the next morning; alternatively if you wish to leave funds on the main account you can opt for One-Way Pooling.

Benefits of Cash Pooling include:

• Reduced interest charges as surplus funds on one account can be used to offset a debit balance on another. Similarly, higher interest is earned on credit balances when they are gathered into one account.
• Improved liquidity management as making internal transfers to fund and de-fund accounts becomes unnecessary. Furthermore, money can be loaned from within the company without having to resort to a third-party.
• Centralised control of the group's currency position for investment and money market purposes, whilst maintaining a record of each account's contribution to the total balance pool.
• Online Cash Pooling Statement and Interest Statement provide a record of transfers made by each subsidiary account to the main cash pool account and calculate daily interest based on these balances. Subsidiary account interest rates can also be set-up and maintained via E-MoneygerŪ.