How it works
Virtual Bank Account
Concentrate cash between several local and cross-border sub-accounts in real time, automatically sweeping incoming payments on VBAs into a pooled header account. Maintain centralised cash positions and limit idle cash, facilitating pre-funding from a header account across sub-accounts to accommodate outgoing payments from VBAs.
Virtual Ledger Account
Allocate funds to administrative sub-accounts without the need for manual reconciliation, with ING’s virtual ledger accounts. Enhance cash reconciliation and maintain comprehensive visibility of your entire cash positions to monitor liquidity across subsidiaries. Create your bespoke VLA hierarchy to suit your organisation’s structure with flexible, scalable, and simple virtual banking solutions.