https://wiki.treasurers.org/w/index.php?title=Intervention_account&feed=atom&action=historyIntervention account - Revision history2024-03-29T05:25:34ZRevision history for this page on the wikiMediaWiki 1.40.0https://wiki.treasurers.org/w/index.php?title=Intervention_account&diff=28374&oldid=previmported>Doug Williamson: Classify page.2022-07-01T15:36:42Z<p>Classify page.</p>
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<td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">Revision as of 15:36, 1 July 2022</td>
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<tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>* [[Master account]]</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>* [[Master account]]</div></td></tr>
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</table>imported>Doug Williamsonhttps://wiki.treasurers.org/w/index.php?title=Intervention_account&diff=28373&oldid=previmported>Doug Williamson: Standardise page layout.2017-02-10T12:13:42Z<p>Standardise page layout.</p>
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<tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>Intervention accounts or similar arrangements exist in the USA and some parts of Asia. The concept of an intervention account is that the supplier of goods opens an account with the same bank and branch as its customer.</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>Intervention accounts or similar arrangements exist in the USA and some parts of Asia. The concept of an intervention account is that the supplier of goods opens an account with the same bank and branch as its customer.</div></td></tr>
<tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr>
<tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>Goods are delivered to a local warehouse (often to the ‘order’ of the bank) and the document of title to the goods is sent to the bank. On receipt, the bank has the authority to debit the buyer’s account, credit the supplier’s account and to release the title to the goods to the buyer. </div></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div>Goods are delivered to a local warehouse (often to the ‘order’ of the bank) and the document of title to the goods is sent to the bank. </div></td></tr>
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<tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>The movement of funds is immediate, same-day with no float.</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>The movement of funds is immediate, same-day with no float.</div></td></tr>
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</table>imported>Doug Williamsonhttps://wiki.treasurers.org/w/index.php?title=Intervention_account&diff=28372&oldid=previmported>Doug Williamson: Create the page. Source: ACT ICM material p 7.27.2016-03-28T12:11:17Z<p>Create the page. Source: ACT ICM material p 7.27.</p>
<p><b>New page</b></p><div>Intervention accounts or similar arrangements exist in the USA and some parts of Asia. The concept of an intervention account is that the supplier of goods opens an account with the same bank and branch as its customer.<br />
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Goods are delivered to a local warehouse (often to the ‘order’ of the bank) and the document of title to the goods is sent to the bank. On receipt, the bank has the authority to debit the buyer’s account, credit the supplier’s account and to release the title to the goods to the buyer. <br />
<br />
The movement of funds is immediate, same-day with no float.<br />
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== See also ==<br />
* [[Cash concentration]]<br />
* [[Cash pool]]<br />
* [[Float]]<br />
* [[Master account]]<br />
* [[Zero balance account]]</div>imported>Doug Williamson