Cash Pooling can benefit companies of all sizes regardless of how many accounts. The optimal setup will depend on your liquidity objectives and company structure. Nordea can offer domestic and cross-border pools in single or multiple currencies.
Your companies needs will set the basis for you cash pool design. Nordea’s Cash pools are flexible and can be adjusted your accounting structure and principles for you to get rid of your pain points. Good questions to prepare from:
What are your Corporate objectives?
What scope of my company should be included?
Which currencies and accounts geography should be included?
Where do I today have issues with access to and overview of available cash?
Do you consider running Inhouse banking?
Global Cash Pool is a balance netting solution that provides access to group liquidity through a real-time, cross-border, multi-currency structure. It supports in-house banking models and can be combined with zero balancing if desired.
Domestic Cash Pool (Group Accounts) is a balance netting solution, in which all accounts are based in the same country.
After the construction company H+H switched bank for the first time in 110 years to join Nordea, the implementation of a new global cash pool has given the company direct access to all of their liquidity in one place.
Read moreFor more information about how we can support your business contact your Nordea adviser.