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Wholesale Banking
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To overview

Multilateral netting

Netting centrally settles inter-company and third-party invoices between more than two subsidiaries. It reduces multiple cash flows to just one single settlement for each subsidiary, substantially reducing the associated cost of payments and foreign currency trades. Our global netting solution is offered by our global liquidity management specialist Bank Mendes Gans (BMG).

Fully outsourced process and settlement

A centralised FX tool

No need to open accounts at BMG

Your netting solution for all entities

Centralise control and visibility

Introducing a single global netting concept that covers all currencies and countries helps companies to standardise information and increase control. This saves time on transaction processing, reconciliation and problem resolution. It also provides better visibility of net FX positions at the corporate level, which functions as a powerful tool for hedging exposures.

Cash and coins in a hand

  • Minimise transactions and FX

    Cut the number of international payments from thousands to just one per subsidiary per month. Fewer transactions means fewer counterparties. Our solution has helped clients to achieve significant reductions in both payments and FX costs, between 55% and 80% on average.

  • Reduce workload

    We take care of all the resource, operational and financial burdens so that you can focus on strategic decision-making. There is no more need for hiring, keeping up expertise, continuity concerns or technology investments.

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    Benefit from a truly global netting

    Woman planet money

  • Optimised settlements

    Evolve from randomly settling inter-company transactions on various due dates to combining all payable and receivable transactions into just one netted amount per subsidiary. Our sophisticated netting solution saves administration time and can be used for all kinds of international payments, from inter-company loans to dividends.

  • Overcome local restrictions

    Netting allows all your entities, regardless of country of domicile, to settle their obligations to other entities in any other country. This includes entities in countries that restrict the actual offsetting of payables and receivables.

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    Multilateral netting - simplicity at its best

    Calendar month 2 spot

  • Flexible

    Settles over your local accounts. No need to open a bank account with us. Easy to integrate with treasury systems and ERPs. Run once a month or as often as you need.

  • Truly global

    Settles worldwide transactions in up to 37 currencies and over 70 countries.

  • Outsourced in-house bank

    To adequately support netting we provide a full-fledged banking platform that many of our clients also use for cash pooling, global reporting and many other banking tasks.

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    Why partner with us

    Our purpose is to empower people to stay a step ahead in life and in business. So whatever your financial needs, whether you are looking to expand and want strategic advice, or just want to make your day-to-day banking more efficient, we are here to support your business ambitions.

    • Serving corporate clients and financial institutions in over 35 countries.
    • We pair local and global insight with sector knowledge with financial expertise.
    • We are ranked as a leader in sustainability and we are included in the FTSE4Good Index.
    • Euromoney

      Best bank for sustainable finance in Central & Eastern Europe

      2024
    • The Digital Banker

      Highly acclaimed best wholesale bank for sustainable finance in Europe

      2024
    • Global Finance

      Best bank for cash management in Central & Eastern Europe and Western Europe

      2024