4.2 Features in MBCC

This topic describes the information about the various features in MBCC.

The following features are provided for MBCC in Liquidity Management:

• Automated movement of funds across multiple third-party bank accounts, currencies, banks, and geographic regions.
• Multi Bank Cash Concentration though SWIFT using MT940\MT941, MT942, CAMT.052, CAMT.053
• Flexibility to add or delete accounts in the MBCC structure.
• Flexibility of movement at end of day, intra-day, weekly (particular day of a week), or monthly (particular day of a month).
• Flexible sweep types such as Zero / Target / Threshold / Collar balancing / Percentage.
• Multi-currency multi bank cash concentration.
• For sweeps (both inward and outward) which involve a currency conversion the FX rate would be picked up from maintenance.