Cash pooling is the automated transfer of surplus cash from the participating transaction accounts of a corporate group into a chosen master account of the parent company. Depending on the type of cash pooling arrangement, the participating accounts may transfer into the master account at the end of the day either their entire cash surplus (zero balancing) or just the cash exceeding a certain surplus level (target balancing). In return, participating entities may draw on the funds in the master account to cover their own account deficits (below the zero or the target balance on the participating account). Interest is charged depending on the balance on the master account and the group of undertakings charge interest to each other on the basis of the intra-group loans. Cash pooling is intended for corporate groups with highly centralised treasury and finance departments that want to optimise their interest revenue and expenditure, improve intra-group payment discipline and speed up cash turnover. 

• Uninterrupted access to necessary information on the state of liquidity of the group and of individual companies.
• Automatic daily concentration of surplus cash and automatic coverage of deficits in participating accounts up to the zero or target balance.
• Efficient cash management – the optimisation of interest thanks to cash concentration and intra-group loans.
• Transparent cash management in terms of interest paid on short-term borrowing, better supervision over companies’ receivables and payments carried out.
• Reduced costs and risk levels associated with the management of cash in an international environment as there is less need for harmonisation and the cash pooling rules are determined in advance and known to all pooling participants.
• Reduced operational finance staff workload thanks to automated transfers, preparation of interest calculations and transfers of interest among cash pooling participants.
• Strategic advantage: improved competitiveness of the group.

• We offer local specialists who provide great advice, are responsive and act proactively (the concept of “one access point for all countries”) and collaborate with banking advisors of other banks, which are vital during implementation.
• We offer assistance in implementation according to the project management concept, thereby reducing the burden of companies in terms of searching and handling information, various documents and banks.  Coordination at the level of the banking group and the partner banks is managed from Slovenia.
• Standardised documentation across the banking group.
• Subsidiaries are treated equally anywhere within UniCredit Group and high-quality services are provided across the banking group.
• We can implement custom cash management structures for corporate groups featuring technological and legal support and delivering added value for the corporation.
• We offer additional support services for cash pooling (interest calculations, interest capitalisation, access to a cash pooling platform for reviewing accounts and interactive cash management).
• We connect companies experienced in international cash pooling.
• We organise workshops and events related to cash management.
• Our bank has experience and numerous references in the implementation of solutions for cash management and cash pooling.