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Wholesale Banking

Virtual Ledger Account

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.

Young woman leaving the office with her laptop in hand

Rationalise your payment accounts





Increased efficiency in your cash management

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. 

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.

Overhead view of man sitting with his laptop on his lap and his bank card in his hand

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


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 reports 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. 

Contact your ING representative to know more about our offering.

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.

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