Cash Netting Services: A unique focus on cashflow
Cash Netting Services: A unique focus on cashflow
A new payments netting initiative for high value payments is being assessed by eight leading global banks. Cash Netting Services (CNS) will help banks to reduce daily interbank payment flows significantly – and associated liquidity and capital management obligations. Eight banks are collaborating with CNS to gauge the size of the bilateral netting opportunity, and associated benefits in respect of improved cash and liquidity management practices and processes. Full announcement here CNS_Banks_FINAL