Intertrust has arranged cross-border notional cashpool structure

In July 2017 Intertrust completed the selection and implementation of its new Cash Management partner bank. The respective bank, one of the syndicate lenders to the company, has implemented a cross-border multi-entity notional cashpool structure for the Intertrust group entities in the Netherlands, Luxembourg, Guernsey and Cayman Islands. It has also offered to execute all incoming & outgoing payments in these countries, hereby facilitating an efficient concentration of the available liquidity in The Netherlands.
Based on the Cash Management expertise of the new partner bank, the implementation of a global cash pool structure will enable Intertrust to optimise the application of cash balances within the group, to further reduce the number of local banks & payment accounts and to improve payment execution in terms of efficiency and transaction costs. These improvements shall consequently facilitate the group strategy for growth for the coming period.
Integrated Finance Solutions (IFS) is responsible for designing the new cash management structure and both advised and guided Intertrust during the entire selection, negotiation and implementation process.

Intertrust
Intertrust is a global leader in delivering fund and corporate services, capital market solutions, private wealth and employee benefit solutions to multinationals, fund managers, financial institutions and business entrepreneurs worldwide. Intertrust’s clients include 60% of the Top 10 of the Fortune Global 500 and 60% of the Top 50 of the Private Equity International 300. The company has 2,400 specialists working from 41 offices in 30 countries, including the world’s most important financial centres.

More information?
For more information, please contact Integrated Finance Solutions at +31 30 7602110.