TWIN Netting

Netting your payments is one of the easiest and most cost-effective ways to improve your corporation’s cash management. By netting all payments between several parties using a netting center and by agreeing on a value date with your bank you can save significantly.

Key benefits of Netting module

• Cost savings on currency conversion costs, foreign exchange and transfer charges
• Ease and simplify the daily work for settling internal transactions
• Reduce of cash flows movements, outstanding debts, time spent on collecting internal settlements, inter-company mismatch reconciliation
• Improvement on cash forecasting and payment discipline with settlements in time