Cash Equitisation: Investment of idle cash balances in equity-based instruments, such as index futures or exchange-traded funds, according to mandated instructions. Equity risk is taken against idle cash balances, with the prospect of generating additional gains from long-term growth in equity markets.
Off-balance-sheet Cash Products: Short term investment funds (STIFs) which allow clients to move large cash balances off the service provider's balance sheet while retaining immediate access to funds and gaining a competitive interest rate.
Cash Pooling/Netting: Netting of debit and credit balances, with interest applied to the net balance. Pooling of small balances across multiple accounts, which can step a client above a balance requirement, or up a tier, to obtain a higher rate of interest.
Direct Access to Domestic Currency Clearing: A service provider with direct access to the currency clearing system can achieve greater efficiency in the cash payment process by avoiding intermediaries
Competitive Rate Reporting: The service provider reports on the exchange rate given for each currency and a comparative rate such as the wholesale rate (whether a spot rate for an individual transaction or a suitable weighted average rate for the period under consideration).
