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Notional Pooling
Unlike cash concentration, notional pooling does not involve physical movement of funds between the bank
accounts of the pool members. Rather a bank would notionally combine balances in various accounts as
part of the notional pool and would either pay or charge interest. It is defensive product from bank’
perspective .
Features:
- Notional concentration based on
- Balances
- Transactions
- Group By Balances
- Group by Value Dates
- Group By debits and Credits
- Adjustment for future dates and back value dated transactions & balances
- Automated and Manual processing involving sweeping, funding, fund reversals and sweep reversals
- Cross currency, across multiple legal entities
- Multiple Time Zone Handling
- Alerts and Notifications
- Rich and analytical MIS
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[Since 1986]
