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What’s notional grouping?

[ad_1] Notional pooling allows companies to combine their bank accounts for combined interest, benefiting those with decentralized structures and subsidiaries. It is not available or legal in all countries and is based on large multinational banks. Subsidiaries can retain autonomy and reduce the need for overdraft lines with local banks. Notional pooling is a way […]

What’s notional grouping?

[ad_1] Notional pooling allows companies to combine their bank accounts for interest, benefiting those with decentralized structures and subsidiaries. It can reduce tax burdens and avoid transfer fees, while subsidiaries retain autonomy and credit ratings improve. However, not all countries allow it. Notional pooling is a way for a company to pool its various bank […]