Mandiri Cash Concentration

Mandiri Cash Concentration is automatically concentrating, by currency, all the credit and debit balances of a group of accounts to a single “master” account and therefore transferring the whole available funds. There is an actual movement of fund between participating accounts and master account.

Benefits

  • Simple concept
  • Actual settlement of positions
  • Reduce idle fund and improved internal fund effectiveness
  • Ability to control the cash funds of the participating companies / branches

Cash Concentration Types

  1. Batch Sweep
    Daily sweeping, automatically process at batch (approximately at 23.00 – 24.00 WIB)
    Features:
    1. Mutli Tier Sweeping
    2. Target Balance Account
    3. Zero Balance Account
    4. Range Balance Account
  2. Online Mass Sweep
    Scheduled sweeping, conducted at a pre-arranged time (cut-off time at 16.00 WIB). It can be done daily / weekly.
    Features:
    1. Mutli Tier Sweeping
    2. Target Balance Account
    3. Zero Balance Account
    4. Range Balance Account

Terms & Pricing

For more information about service terms and pricing please contact Mandiri Call 14000 or

Wholesale Product Management Group
Cash Management Department

Plaza Mandiri Lt.24
Jl. Jend Gatot Subroto kav 36 – 38
Jakarta Selatan 12190
Phone : (021) 5296 3001-3, 524 5822
Fax : (021) 5290 4290
e-mail : cashmanagement@bankmandiri.co.id

Mandiri Cash Concentration