Funds Concentration | UBB | United Bulgarian Bank

Flexible funds’ management from various accounts
Possibility for creating a single centralized system for effective cash funds management of a Group of related companies
Automated end-of-day transfer of funds
Full control and transparency of your accounts’ cashflows
Timely covering of individual accounts’ shortages

Cash Pooling Schemes:

Virtual (Notional) – Upon this type of cash funds concentration no physical transfer of balances between the sub-accounts and the Main Account is actually being made
Real (Effective) – Effective concentration of funds is being made through a real transfer of funds from the separate sub-accounts to the customer’s Main Account, by means of zeroing the balances of the individual sub-accounts (Zero-Balancing) and the maintaining of target balances in the individual sub-accounts (Target Balancing)

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Cash Pooling