Multicurrency cross-border pooling: Difference between revisions
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imported>Doug Williamson (Link with qualifications page) |
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A cash management technique in which excess funds from companies’ accounts in different countries, which are denominated in different currencies, are concentrated and used to offset deficits for the purpose of determining interest earned or owed. | A cash management technique in which excess funds from companies’ accounts in different countries, which are denominated in different currencies, are concentrated and used to offset deficits for the purpose of determining interest earned or owed. | ||
== See also == | == See also == | ||
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* [[Deficit]] | * [[Deficit]] | ||
* [[Pooling]] | * [[Pooling]] | ||
* [[CertITM]] | |||
Revision as of 10:08, 29 November 2014
A cash management technique in which excess funds from companies’ accounts in different countries, which are denominated in different currencies, are concentrated and used to offset deficits for the purpose of determining interest earned or owed.
