Appropriate pooling variant for your company.
The optimum solution to concentrate your liquidity according to your needs and to improve your interest income.
Tailored to the legal conditions of a given country as well as to your company structure, we offer you the appropriate pooling variant that supports you when controlling your income stream.
Effective pooling
This service for internationally active corporate groups with subsidiaries in one or multiple countries offers the choice between individual-country pooling structures and one cross-border pooling structure that includes multiple countries.
In both cases, available funds are concentrated in one single pooling account. The daily closing balances of the various participant accounts are transferred to the master account, each with the same day availability date.
The parameters for the liquidity concentration to be performed can be adjusted to the individual requirements (e.g., zero balancing, target balancing, minimum and/or maximum amounts for the transfers). All accounts denominated in the same currency (e.g., in EUR) can basically be integrated into one pooling structure. In a cross-border pooling structure, however, the transfer restrictions existing in multiple countries are to be followed.
Advantages
- Cross-border balancing of debit and credit balances from accounts in different countries
- Cost savings from interest optimisation as well as savings in administration and IT
- Support of centralised treasury management for large corporate groups
- Straightforward access over UniCredit Group’s entire network of branch offices
Fiduciary Interest Calculation
The fiduciary interest calculation makes it possible to outsource administrative work relating to calculating the interest income earned from an ongoing pooling structure on the participant accounts to Bank Austria.
Advantages
- Interest on the basis of different reference interest rates
- Automatic update of the settlement for any back-dated valuations on the participant accounts
- Detailed receipts of interest distribution for allocation inside your corporation
