Fortis Business

Business Solutions

Consolidate balances

Get more interest on your balances !

An internationally active company is often faced with holding bank accounts in different countries. Co-ordinating these accounts involves monitoring the balances, organising payment flows between the accounts with credit balances and those that are overdrawn, sending payment orders, calculating interest rates, exchange rates and cross-border transfer fees.

Fortis Bank has developed two automated international cash management techniques - target balancing and notional pooling - that facilitate the management of accounts held in several countries.