Markets in crypto-assets regulation and Master account: Difference between pages
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imported>Doug Williamson (Create page - source - LEX - https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593) |
imported>Doug Williamson (Remove non-relevant paragraph.) |
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A bank account used in cash concentration to fund zero balance accounts automatically. | |||
More specifically an account in a cash pooling structure used to fund zero/target/threshold balance accounts automatically or concentrate funds from participating accounts automatically. | |||
The | The master account may be interest-bearing. | ||
''Also known as central account or concentration account.'' | |||
== | == See also == | ||
*[ | * [[Cash concentration]] | ||
* [[Cash pool]] | |||
* [[Zero balance account]] | |||
* [[Legal implications of cash pooling structures]] | |||
[[Category: | [[Category:Cash_management]] | ||
Revision as of 21:06, 7 April 2015
A bank account used in cash concentration to fund zero balance accounts automatically.
More specifically an account in a cash pooling structure used to fund zero/target/threshold balance accounts automatically or concentrate funds from participating accounts automatically.
The master account may be interest-bearing.
Also known as central account or concentration account.
