Mandiri Notional Pooling

Notional Pooling is a mechanism of netting off the balance, by currency, of multiple accounts of participating companies (or branches of a company), so that the Bank will have a consolidated position of the company or Holding/Group, for the purpose of calculating interest based on the net balance. It will also facilitate inter-company borrowing without physical movement of funds.

In order to enable the Bank to settle the balance, it may require an agreement to be signed by participating companies (stipulating a crossed guarantee between participants).

Benefits

  • Technically simple to implement
  • Each participating company retains autonomy over its bank accounts
  • No inter-company loans appear in the accounts
  • Facilitate inter-company borrowing
  • Interest revenue calculation based on consolidated balance
  • Ensuring availability of fund for operational process

Features

  • Real-time consolidated balance
  • Overdraft limit possible
  • Same currency only
  • Redistribution of interest / charges set by Holding/Group

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 Notional Polling