The service of virtual consolidation of balances is meant for Customers who do not care about actual consolidation of funds on one account as well as those who cannot do it for legal reasons. The virtual nature of the service allows the company to maximise interest benefits and thus to make use of the money more effective.
Benefits:
- Increase your interest benefits on positive and negative balances on selected accounts.
- Optimise the usage of funds without unnecessary postings on the statement of account generated in case of physical transfer of funds.
- Reduce cost of current account overdraft by reflecting own funds on other accounts of the company.