Virtual account: Difference between revisions
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imported>Doug Williamson (Add quote.) |
imported>Doug Williamson (Add link.) |
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==See also== | ==See also== | ||
* [[Account]] | |||
* [[Cash pool]] | * [[Cash pool]] | ||
* [[Concentration account]] | * [[Concentration account]] | ||
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==Treasurer articles== | |||
[http://www.treasurers.org/node/9923 The pros of pooling, ''Sarah Boyce''] | [http://www.treasurers.org/node/9923 The pros of pooling, ''Sarah Boyce''] | ||
Revision as of 14:31, 6 July 2022
1. Banking.
A virtual bank account.
2.
Similar arrangements from non-bank providers.
Cash pooling evolves
- "The world of cash management and payments is evolving in response to changes in bank business models as a result of regulation (ie the move away from notional pools) ...
- Treasurers might want to consider solutions such as virtual accounts for cash pooling."
- Michelle Price, associate policy and technical director, Association of Corporate Treasurers, The Treasurer, August 2018, p24.
See also
- Account
- Cash pool
- Concentration account
- Legal implications of cash pooling structures
- Notional pooling
- Regulation
- Virtual bank
- Virtual bank account
