Cashmanagement
Designed to serve as a “switchboard” for your liquidity management, WestLB CashManagement provides you with an uncluttered view of your account structure. All monetary flows are documented and presented in the form of reports.
The liquidity available in your company can be concentrated in a central cash pooling account which balances the individual accounts in accordance with your previously set parameters regarding the maximum amounts to be transferred. By optimising the liquidity in the individual sub-accounts across your group of companies, you can optimise your interest result and achieve the best possible effects for your company. Credit and debit interest charged between parent company and subsidiary is settled by the system on a trustee basis.
We attach great importance to security and use a combination of mechanisms to protect your sensitive data. First, 128-bit SSL encryption is used to protect your Internet connection to WestLB. Second, your data is managed behind two firewalls on bank computers which are subject to stringent security regulations.