cash concentration account

Cash Concentration

Optimise group cash balances through the movement of funds

At a Glance
Cash Concentration automatically moves funds between accounts to meet the target balance of each sub-account.
automation

Automation

Seamless integration between domestic and cross-border liquidity

flexible

Flexibility

Various directions (one-way, two-way, reverse), frequencies (daily, weekly, monthly) and timings (intra-day, end-of-day) available

save

Save costs

Maximise internal self-funding by reducing interest costs

Features & Benefits
  • Optimise your group cash balance and earn higher yields by investing your consolidated balance
  • Make consolidated idle cash available to sub-accounts as additional funding for payments
  • Eliminate the hassle of manual reporting, tracking and reconciling your inter-company balances
  • Access real-time liquidity position, create alerts and view reports through DBS IDEAL, our online banking platform, for greater convenience
How it Works

 

How to Apply

Arrange for our Relationship Manager to call you.
Call us at 2290 8068.

FAQs
Can DBS Cash Concentration support structures in different currencies?

Yes. However, each structure can only consist of accounts of the same currency.

What’s the difference between Notional Pooling and Cash Concentration?

Cash Concentration involves physical movement of funds into a concentration account, thus, it creates inter-company loans, as money belongs to a different entity. There is no physical movement of funds for Notional Pooling, because account balances are notionally set-off. 

Can we do this on a regional basis?

Yes, you can access our regional liquidity management capabilities, such as cross-border sweep and interest optimisation. However, they are subject to the regulations of each country/region.

Can I sweep funds from other banks to my DBS account?

Yes, we have the ability to pool in funds from other banks, from anywhere in the world, as long as the third-party bank participates in the SWIFT network.

Why is there surplus fund in my sub account at the end of the day when it is meant to have a zero balance?

Funds on hold in the sub-account are not available for use, and therefore can’t be swept up to the master account. Common examples include AutoCollect transactions and cheque deposits, which are placed on hold until they are cleared the next business day.