We use cookies on our website to show you content we think is relevant to you, to manage the technical operations of our website, and analyse our traffic to further improve our website. We may share information about your use of our site with our social media, advertising and analytics partners. By clicking "Accept", you agree to the use of all cookies as described in our Cookie statement or "Do not accept" to only use cookies strictly necessary for the functioning of the site.

Wholesale Banking

Virtual ledger account

Virtual ledger accounts give you the flexibility to allocate cash to administrative sub-accounts without the need for physical segregation. You’re in control of configuring your VLA hierarchy according to your unique needs, at any level you want. Settling transactions through your current account and allocating them to your desired VLA is a breeze, and you can enjoy total visibility on all your virtual accounts thanks to our powerful and user-friendly dashboard.

Fashion designer on the phone looking at designs

Rationalise accounts

 Flexible, modify the setup to your needs Icon growthIcon simple




How VLAs can be used in treasuries

  • Cut bank fees
    Open, close and modify as many VLA accounts as needed, without the cost of real bank accounts.  
  • Make reconciliation more efficient
    Transactions on the underlying accounts are immediately allocated to the VLA account based on the invoice number and/or the VLA reference collected from the uploaded invoices and payee data files. 
  • Manage inter-company loans
    VLAs provide a structured, streamlined framework for managing inter-company loans and related interest calculations. 
  • Optimise cash flow and financial stability
    Improve cash forecasting accuracy, optimise liquidity management and make informed decisions regarding funding and investments. 
  • Enhance treasury capabilities
    Complement treasury management systems by expanding their functionality and supporting operational treasury models, especially those with in-house banking capabilities.

Virtual ledger accounts

  • Efficient cash allocation
    Sub-accounts allow for precise cash allocation without physically segregating funds, streamlining treasury operations and optimising cash management. Standard allocation rules are available to optimise allocation to the right VLA account using incoming transaction data (MT/CAMT statements) as the underlying source for allocation rules. 
  • Comprehensive visibility
    Provide a consolidated view of cash positions, allowing treasury to monitor and analyse overall liquidity effectively. 
  • Reduced KYC workload
    Consolidate documentation, streamline verification and minimise the need for redundant KYC reviews for each individual account. 

Key features


Our VLA module is an overlay solution that complements your existing treasury management systems or ERP, requiring no integration. It gathers data from bank statements, automatically generating reporting to streamline your internal processes. The VLA output can easily be used or input into your TMS/ERP for further processing, ensuring a smooth flow of information. 


Through ING’s interactive channel, InsideBusiness, treasury departments can set up a VLA structure in exactly the way they need. Our virtual cash management solution places a strong emphasis on self-service. 

Enjoy total visibility on all your virtual accounts and allocate cash to your desired VLA

Contact your ING representative and start further optimising your cash balancing.

Explore more Virtual Cash Management Solutions

Why partner with us

Our purpose is to empower people to stay a step ahead in life and in business. So whatever your financial needs, whether you are looking to expand and want strategic advice, or just want to make your day-to-day banking more efficient, we are here to support your business ambitions.

  • Serving corporate clients and financial institutions in over 35 countries.
  • We pair local and global insight with sector knowledge with financial expertise.
  • We are ranked as a leader in sustainability and we are included in the FTSE4Good Index.
  • Global Capital

    Most impressive investment bank for corporate ESG capital markets and advice

  • Global Finance

    Outstanding leadership in sustainable bonds (global) & sustainable project finance (Western Europe)

  • Global Capital

    Most impressive investment bank for financial institutions