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Is In-House Banking Right for Your Treasury Function?

  • By Andrew Deichler
  • Published: 9/27/2016

In the past decade, many multinational corporations have turned to in-house banking solutions for global cash management, and it’s easy to see why. Treasury departments understand that their subsidiaries need funding, and they are looking for a more cost effective way of doing that than having each unit borrow from a bank locally. In-house banking provides a way around that, as well as a good solution for cash visibility and managing FX.

AFP’s latest Treasury in Practice guide, underwritten by Thomson Reuters, is intended to be a back office look at in-house banking, providing a glimpse into what multinational corporate treasury teams do on a daily basis to manage their cash and FX needs around the globe. In-house banking clearly offers a variety of benefits for multinational corporate treasury departments, however, implementation is an expensive and lengthy process that will require buy-in from senior management. Furthermore, with regulations looming that could force companies to eschew cash pooling and by extension in-house banking, building a business case for implementation may prove even more difficult for many treasury departments.

So if your treasury department is considering adopting an in-house bank, it’s a good idea to download the new guide. Perhaps after hearing from some of your peers on their in-house banking procedures, you’ll have a better idea of whether this solution is right for your treasury team.

Download In-House Banking: Is it Right for Your Treasury Function here. Also, don’t miss the session, Is an In-House Bank Right for Your Organization, at the AFP Annual Conference in Orlando.


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