Liquidity Management

Group Joint Account

The Group Joint Account is a financial service that virtually gathers the funds of internal member enterprises within a customer group. This enables the centralized management of positions by the headquarters without actually transferring the funds from member accounts.

Product Features

• Reduce Fund Management and Control Costs: By virtually pooling funds, the Group Joint Account lowers the costs associated with managing and controlling financial resources.
• Improve Accounting Efficiency: The centralized approach streamlines accounting processes, enhancing overall efficiency.
• Centralized Management and Control of Positions: The headquarters can manage and control the financial positions of all member enterprises from a single point, ensuring better oversight and coordination.
• Fully Independent Members: Despite centralized control, member enterprises maintain full independence in their operations, allowing for flexible management.
• Virtual Gathering of Funds: The service facilitates the balancing of surpluses and deficits among member enterprises without actual fund transfers, optimizing the use of available resources.