Cash flow management

Cash pooling

Cash pooling — Cash pooling is a product that allows to consolidate on the master account all or part of cash amounts of customers who are structural divisions of a single legal entity (branches, representative offices, separate divisions, etc.), and then further redistribute such cash amounts between participating accounts. The product is available for customers who are a structural division of a single legal entity (branches, representative offices, etc.)

Cash Concentration

The physical automatic cash movement to the account of the parent company with a specific frequency;

 

Monitoring of transactions

Cash flow monitoring - collection and transfer to the parent company of information on balances and turnover on all accounts of the Holding through the Internet banking system

Multi-level signature (approval and acceptance in Internet banking)

A multi-level signature allows to establish an up to 10-level hierarchy of signatories for signing payment documents when the conditions specified by the client occur (exceeding the payment amount, the condition for signing of all payment documents of the subsidiary by the parent company. In the absence of additional signatures (3^rd and / or 4^th signatures etc.) payment documents cannot be sent to the bank for execution.

МТ 940 Messages

The product is intended to receive information on group balances in case of sending SWIFT MT 940 messages. The SWIFT MT940 message allows the head office of the holding company located abroad to monitor account transactions and balances opened with JSC Halyk Bank.