Group account is a book account whose assets consist of the balances and reservations on the current account of group members and the overdraft of the group. Group account enables:
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The group account gives the opportunity to allocate the funds available inside the group to the member that needs them the most at the given moment.
Companies can use each other’s funds within the internal borrowing limits set for them.
In the case of a group account, the positive and negative balances of the group members offset and the amount to which the overdraft interest rate is applied is smaller.
You will get an overview of the entire group’s funds, which allows you to manage the group’s assets more efficiently.
Different group account statements can be obtained through the electronic channel and they are available only to the parent company.
Group account statement reflects the movement of money of the entire group, as well as of every member during the selected period by days.
Balance statement is a consolidated statement of the average and actual balances of group members over a certain time period.
Interest statement gives an overview of the positive and negative internal interest rates established for group members and the interest earned and/or to be paid within the group during the selected time period.
Group turnover statement gives an overview of the group’s turnover showing the opening and closing balances by account groups or members and the movements and balances on the account.
Statements can be made more flexible by grouping the accounts of group members (e.g. revenue account, expense account, payroll account, etc.) and by giving names to accounts if necessary.
Fee for a legal person for whom regular enhanced due diligence measures are required due to geographical location,
complicated ownership structure and/or field of activity. Applying the fee will be announced 30 days in advance.
Fee is applied for legal persons:
If you have any questions or suggestions, send a bank messages. We value your opinion!