Virtual Bank Account Cash Balancing

Real-time cash consolidation

Automatically transfer incoming payments from separate sub-accounts to a header
current account in real time, facilitating immediate consolidation of cash flow at a
corporate level.

Pre-funded outgoing transactions

Use one cash pool header account to pre-fund outgoing transactions sent from individual
subsidiary accounts. Maintain one cash position for incoming and outgoing payments
across individual sub-accounts, while limiting idle cash flow.

Transaction-level cash flow management

Physically transfer liquidity from sub-accounts to a cash pool header account based on the
payments and transactions booked for individual accounts. Rather than end-of-day cash
pooling, move cash on a transaction–by–transaction basis to provide an up-to-date
overview of funds.

Domestic or cross border reconciliation

Consolidate funds in domestic markets or via cross border VBAs in the same currency as
the header account. Maintain accurate and real-time visibility of corporate cash flow and
individual transactions, whether locally or internationally.

Improved liquidity management

By consolidating funds from multiple VBAs into one header account as transactions and
payments are made, organisations can ensure accurate cash flow visibility at all times,
ultimately improving liquidity management and timely decision-making.

Clear overview of cash balances

Track funds accurately, identify cash surpluses or deficits, and optimise cash utilisation by
maintaining a clear overview of cash balances across different VBAs. Move funds to
individual VBAs as needed, backed by real-time visibility of cash flow data.

Increased efficieny in reconciliation

Improve efficiencies in reconciliation by streamlining the processes of tracking and tracing
payments through individual VBAs. Facilitate pre-funded outgoing transactions to limit idle
cash flow and maintain one cash position through a centralised header account.

• Real-time sweep of incoming payments into a single header account
• Pre-funded outgoing transactions from individual accounts, sent from one cashpool header account
• Zero overnight balances
• No debit/credit interest or overdraft/intraday limits
• IBANs recognised in the local clearing
• Select single or multi-entity structures to suit your organisation
• Hold VBAs in the same currency as the header account
• Choose local or cross border transfers depending on your corporate structure

We currently serve corporate clients and financial institutions in over 35 countries, pairing local and global insight with sector knowledge and financial expertise to provide greater cash flow control, visibility, and efficiencies for our customers.

Contact your ING representative and start consolidating cash flow for decentralised structures.