Consolidate cash positions and optimise your liquidity wherever you bank with our Cash Concentration tool, featuring automated cash sweeping.
Is it right for you?
- You have a centralised treasury function
- You want to automate the movement of surplus overseas balances to your treasury centre
- You want to be able to concentrate cash domestically or globally, including through third-party banks1.
How it supports your business
- Allows you to manage your liquidity more efficiently, giving you greater funding and investment capability and flexibility
- Lets you set up automated cash sweeping between accounts held with Barclays or other banks1, both domestically and cross border
- Allows you to sweep funds automatically to a centrally managed account, based on your specified balance or frequency
- Enables you to standardise, streamline and centralise your treasury management – and reduce administrative time and costs by automating the sweeping process.
1 We can offer cash concentration globally between Barclays offices and/or third-party banks. This is subject to bilateral agreements between banks, and requires third-party banks to have the requisite SWIFT capability.