Domestic cash pooling

  • Cash flows under control
  • Completely automatic daily transfers
  • Management efficiency and cost control

Domestic Cash Pooling is available at all of the Intesa Sanpaolo Group's Branches and Banks and enables companies and/or subsidiaries belonging to the same group to automatically transfer, on a daily basis, the liquidity positions of the peripheral accounts to a designated Treasury account for each single country in which the company operates.

Using the Zero Balance domestic cash pooling service, companies can benefit from the advantages of concentrating their local cash flows, optimising their liquidity position, reducing borrowing and lowering bank charges.

Customers can achieve further benefits by combining domestic cash pooling structures with customised international cash pooling solutions, automatically transferring all the group's balance positions originating from various countries, to a single centralised, global account.

With Inbiz, the Intesa Sanpaolo Group's new Corporate Internet Banking solution, companies have complete and timely visibility of all the accounts linked to the Cash Pooling service. Additional services are available in some countries: for example, a tool (estratto conto scalare) for the correct allocation of infra-group fees on a monthly basis.

 

 



Advertising message. For details of the contractual terms of Inbiz and related products and services offered in Italy, please refer to the Fact Sheets available at the Branches and on the internet sites of the Intesa Sanpaolo Group Banks that offer Inbiz. In some countries, the products and services described herein may not yet be available or may be subject to restrictions or changes due to local law. Furthermore, the implementation of services described, specifically treasury pooling structures, must first be submitted to the company’s accounting and tax departments.

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INTERNATIONAL EVENTS

INTESA SANPAOLO