Difference between revisions of "Master account"

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(Linked to The Treasurers Handbook - Legal implications of cash pooling structures)
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The master account may be interest-bearing.     
 
The master account may be interest-bearing.     
 
The process used by market participants before settlement of a transaction to ensure that they agree with respect to the terms of the transaction. 
 
 
This is usually done by matching transaction confirmations sent to a counterparty with those received from that counterparty.
 
  
  
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== See also ==
 
== See also ==
 +
* [[Account]]
 
* [[Cash concentration]]
 
* [[Cash concentration]]
 
* [[Cash pool]]
 
* [[Cash pool]]
 +
* [[Intervention account]]
 +
* [[Legal implications of cash pooling structures]]
 
* [[Zero balance account]]
 
* [[Zero balance account]]
* [[Legal implications of cash pooling structures]]
 
  
 
[[Category:Cash_management]]
 
[[Category:Cash_management]]

Latest revision as of 14:15, 6 July 2022

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.


See also