More NewsDeutsche Expands db-worldPAS Functionality; Launches Investment Sweep Tool

Deutsche Expands db-worldPAS Functionality; Launches Investment Sweep Tool

Deutsche Bank Global Cash Management has expanded the capabilities of db-worldPAS to include db-check, a corporate check and Automated Clearing House (ACH) advice print and fulfillment service, designed to enhance the efficiency of corporate clients’ payment process. db-check allows corporate clients the capability to outsource their check disbursements and provides a suite of services, such as account reconciliation and reporting. Through the Bank’s relationship with Standard Register, clients can make use of full-service printing and fulfillment services for checks and ACH advices from multiple sites within North America. Separately, the Bank’s Global Cash Management division has announced the introduction of Multi-Option Investment Sweep, a US dollar investment sweep tool for corporates. The solution allows for partial pooling of subsidiary assets within a pooling arrangement, offering corporate clients new capabilities that enhance their liquidity options, according to the organisation. Users will be able to choose from a number of overnight investment sweep options and have the potential to allocate funds from a subsidiary that participates in a cash pooling arrangement into separate investments outside the pool.

Related Articles

Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

3m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

4m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

4m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

4m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

5m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

5m Mateo Graziosi