Cash pooling solutions
How can cash management be optimised and simplified within your organisation in Luxembourg and internationally?
BIL offers you BIL Cash Pooling, an efficient global cash centralisation solution (zero-balancing).
The principles are simple:
- All the contracting entities' cash positions are consolidated in one single account.
- The debit positions of certain entities are offset against the others' credit positions.
- Account pooling (repatriation or clearing) is carried out daily.
This solution offers several benefits:
- Optimise cash management across lines of credit. Financial fees automatically decrease.
- Improved cash management of participating entities through centralising of operations.
Your Relationship Manager will introduce you to this offering and customise it according to your requirements.