Single legal account pooling: Difference between revisions
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imported>Doug Williamson No edit summary |
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== See also == | == See also == | ||
* [[Cash management]] | * [[Cash management]] | ||
* [[CertICM]] | |||
* [[Pooling]] | * [[Pooling]] | ||
Revision as of 10:36, 23 November 2014
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.
