Cash Concentration and Notional Pooling Service Updates

Enhancements to your cash concentration services are underway. Here’s what to expect:

U.S. branch sweeps

  • Consolidating new service codes on billing statements
  • Standardizing back valuation BAI/SWIFT transaction codes, where applicable
  • Changing sweep narratives for single location single currency and cross-border single currency (end-of-day) sweeps
  • Changing sweep narratives for cross-border intraday sweeps
  • Multibank, cross currency and just in time sweeps
  • Enhancing intercompany loan reporting for single location single currency and cross-border single currency (end-of-day) sweeps
  • Enhancing intercompany loan reporting for cross-border intraday sweeps

International branch sweeps1

  • Changing sweep narratives for single location single currency and cross-border single currency sweeps
  • Multibank, cross currency and just in time sweeps
  • Enhancing intercompany loan reporting

  • Reporting Enhancements
  • Narrative Changes
  • Other Enhancements
  • Access Liquidity Solutions Impacts

For more information about these changes, please visit the International (Except Mainland China) page.

References

1.

Except mainland China