Cash concentration: Difference between revisions

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imported>Doug Williamson
(Update.)
imported>Doug Williamson
(Update.)
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The movement of funds from multiple locations to a central bank account where they can be utilised and managed more effectively.
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.


See also