Notional pooling: Difference between revisions
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== See also == | == See also == | ||
* [[Cash concentration]] | |||
* [[Cash pool]] | * [[Cash pool]] | ||
* [[CertICM]] | * [[CertICM]] | ||
Revision as of 10:21, 30 May 2015
Banking.
The technique used by banks for calculating interest on balances in a notional cash pool.
Excess funds in the accounts of a company or its subsidiaries are used to offset deficits in other company accounts for the purpose of determining interest earned or owed. Funds are not physically moved.
Notional pooling is also referred to as interest offset pooling.
