International Notional Pooling is a cash management service, enabling a company or a group of companies to obtain better interest conditions by virtually offsetting credit and debit balances.
Our Notional Pooling module allows you to do all of this.
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Key features
- Cross-currency
- Cross-border
- Offset in virtual terms
- Bonus distributed - pro rata - among all participating accounts
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Key benefits
- Removes the need for inter-company loans and thus any related internal management costs
- Allows continued autonomous management of accounts included in the notional pooling, as balances are kept in separate accounts
- Reduces bank charges as no transfer costs involved
- Accounts in various currencies (EUR or any currency quoted daily against the EUR) can be included in the same pool
- The decision to opt for Notional Pooling, which does not involve any investment on the part of the company, is reversible
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Notional Pooling is accessible through the ForPro Client Portal.
More information about Cash Management
If you have any questions or need more information about Cash Management services, please contact:
- Belgium
+32 (0)2 565 00 68 - The Netherlands
+31 (0)10 401 67 83 - United Kingdom
+44 (0)20 7398 9494
E-mail: workingcapitalmanagement@nl.fortisbank.com
