Cash concentration: Difference between revisions
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imported>Doug Williamson (Update.) |
imported>Doug Williamson (Update.) |
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The movement of | The movement of cash from separate locations to a central bank account where it can be utilised and managed more effectively. | ||
Cash concentration can be undertaken for temporary balances as well as for longer-term balances. | |||
Revision as of 06:11, 20 June 2016
The movement of cash from separate locations to a central bank account where it can be utilised and managed more effectively.
Cash concentration can be undertaken for temporary balances as well as for longer-term balances.