Single legal account pooling

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Revision as of 11:26, 2 July 2022 by imported>Doug Williamson (Classify page.)
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A cash management technique based around a single legal master account structure in the name of the parent or group financing company where the other participant accounts act as memo accounts of that legal account.


This cash management technique is widely used in Northern Europe (Nordic and Baltic countries).

Also known as Balance netting.


See also