Import factoring and In-house bank: Difference between pages
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imported>Doug Williamson (Create the page: Source: Standard definitions for techniques of supply chain finance report) |
imported>Doug Williamson m (Add page reference to quote.) |
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(IHB). | |||
In | ''Corporate treasury''. | ||
In-house bank is a structural corporate treasury role where the central treasury acts as an internal banking facility for the group, all the subsidiaries dealing with the in-house bank. | |||
This is a highly centralised arrangement, compared with advisory or agency treasury structures. | |||
:<span style="color:#4B0082">'''Centralised treasury function'''</span> | |||
:"In simple terms, an in-house bank is a centralised treasury function that acts as a bank for an organisation’s subsidiaries. It facilitates various financial services, such as settlements, funding, intercompany lending, liquidity management and FX management and, in doing so, unlocks a host of benefits for the user." | |||
:''The Group Treasurer: An ACT guide to the first 100 days, page 29.'' | |||
It is sometimes written 'in house' bank without the hyphen. | |||
==See also== | ==See also== | ||
* [[ | * [[Advisory]] | ||
* [[ | * [[Agency]] | ||
* [[Centralised]] | |||
* [[COBO]] | |||
* [[Group]] | |||
* [[Payment factory]] | |||
* [[POBO]] | |||
* [[Profit centre]] | |||
[[Category:Treasury_operations]] | |||
Revision as of 16:06, 1 October 2020
(IHB).
Corporate treasury.
In-house bank is a structural corporate treasury role where the central treasury acts as an internal banking facility for the group, all the subsidiaries dealing with the in-house bank.
This is a highly centralised arrangement, compared with advisory or agency treasury structures.
- Centralised treasury function
- "In simple terms, an in-house bank is a centralised treasury function that acts as a bank for an organisation’s subsidiaries. It facilitates various financial services, such as settlements, funding, intercompany lending, liquidity management and FX management and, in doing so, unlocks a host of benefits for the user."
- The Group Treasurer: An ACT guide to the first 100 days, page 29.
It is sometimes written 'in house' bank without the hyphen.
