Creating Internal FX
You can define an intra-cash pool transaction between transaction Accounts that are in different currencies without affecting the currency top accounts balances using the exchange rates set as Internal FX. In AA, a new product is created under the “Relationship Pricing” product line called, Internal FX. Under this product, the user can define the exchange rates for each currency pair that is used when the system performs intra-cash pool transactions. Internal FX will allow the corporate customer to perform cross-currency movements without affecting the bank’s currency positions.
Creating Internal FX
POSTInternal foreign exchange allows the corporate customer to perform cross-currency movements without affecting the bank currency positions.
Sweep
Sweeps are a movement of funds from one virtual account to another targeting to maintain the defined minimum or maximum amount of account balances. You can set up balance sweeps among virtual accounts that are part of the same structure and currency. You can also perform sweeps among accounts in a cash pool group.
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Retrieve the processed sweeps.
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Retrieves sweep with rules which will be checked against to see if a transfer of funds needs to be made from one account to another.
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Retrieves the cashpool group details of the virtual accounts.