Cash pool – make the most of your group's liquidity
A Cash Pool is designed for larger groups and companies with multiple entities or bank accounts that want to manage their liquidity in one place. The solution gives you a clearer overview and lets you optimise liquidity across the business. It's particularly useful when liquidity management gets complex.
At a glance
- Clear overview with flexible, individual setup
- Potential for lower interest costs – pooling your liquidity reduces the need for external financing
- Improved financial position due to a leaner corporate balance sheet
- Internal interest calculation
- Option to optimise liquidity across currencies
How does a cash pool work?
A Balance Netting Cash Pool is a flexible account setup enabling a group to gather all its accounts in one account. Hence, one account – called the Top Account – will be the only outstanding account between the group and Jyske Bank. The underlying accounts are used for payment transactions and are exclusively an internal affair in the group.
In this example, the group’s balance will change from DKK 61.000.000 drawn without the Cash Pool to a deposit of DKK 100.000.000 with the Cash Pool.
How does a cash pool work?
A Balance Netting Cash Pool is a flexible account setup enabling a group to gather all its accounts in one account. Hence, one account – called the Top Account – will be the only outstanding account between the group and Jyske Bank. The underlying accounts are used for payment transactions and are exclusively an internal affair in the group.
In this example, the group’s balance will change from DKK 61.000.000 drawn without the Cash Pool to a deposit of DKK 100.000.000 with the Cash Pool.