Europe's First Multi Country Cross-Border Pooling Solution
The service will make pooling available across Euro and National Currency Unit denominated accounts, in the UK, France, Germany, Belgium and the Netherlands. Pooling is a notional concentration of debit and credit balances aimed at achieving interest savings or yield enhancement across a group of accounts. Cross-border pooling reduces the volatility of day-to-day cash management, requiring no physical movement of funds and maintaining account integrity at currency, country and corporate operating entity level.