Single legal account pooling: Difference between revisions
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A cash management technique based around a single legal master account structure in the name of the parent or group financing company where the other participant accounts act as memo accounts of that legal account. | A cash management technique based around a single legal master account structure in the name of the parent or group financing company where the other participant accounts act as memo accounts of that legal account. | ||
This cash management technique is widely used in Northern Europe (Nordic and Baltic countries). | This cash management technique is widely used in Northern Europe (Nordic and Baltic countries). | ||
Also known as Balance netting. | Also known as ''Balance netting''. | ||
== See also == | == See also == | ||
* [[Account]] | |||
* [[Cash management]] | * [[Cash management]] | ||
* [[Legal implications of cash pooling structures]] | |||
* [[Pooling]] | * [[Pooling]] | ||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 14:30, 6 July 2022
A cash management technique based around a single legal master account structure in the name of the parent or group financing company where the other participant accounts act as memo accounts of that legal account.
This cash management technique is widely used in Northern Europe (Nordic and Baltic countries).
Also known as Balance netting.
