Consolidation of Balances (under Target Balancing Agreement - TBA)

Balance Consolidation enables automatic transfers of balances from subaccounts to a main account (consolidation account) or the repayment of debt in subaccounts with funds from the consolidation account.

Accounting entries can be made as ongoing and/or end-of-day operations, depending on liquidity needs in particular accounts covered by the scheme. The funds accumulated in the consolidation account as at the end of a day may be invested, e.g. as overnights, to maximize interest income within the structure.

Product highlights

• intra-day or end of day consolidation
• optionally – additional re-distribution of interest between accounts in the structure
• simple documentation – the whole structure is described in a single agreement

Are you interested in our offer?

If you want to use Liquidity Management solutions please contact your Relationship Manager.