Single legal account pooling

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Revision as of 11:11, 1 December 2014 by imported>Doug Williamson (Linked to The Treasurers Handbook - Legal implications of cash pooling structures)
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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.

This cash management technique is widely used in Northern Europe (Nordic and Baltic countries).

Also known as Balance netting.


See also