Cash management

Crédit Lyonnais Bank Slovakia, a.s. offers here both domestic and foreign cash pooling, or cross-border pooling. Product cash management in connection to the system CLIC offers to the customer on-line access to information about its accounts as well as on-line operation with its resources.

What is Cash Pooling - Interest Calculation ?

Cash pooling, as a part of cash management, is the dedicated tool to optimize treasury management of a company. This above standard product allows a netting of interest between cash rich or cash poor entities.

• Interest is based on the Consolidated Balance of the Group
• Netting process - (part of) Credit balances is used to finance Debit balances
• Readjustments are handled correctly.
• Reallocation of the "common" interests to the participating accounts