Cash Management
When your company is doing business in multiple countries, it can be difficult to navigate the different local currencies and often complex banking regulations. In each country, you need to make payments for salaries, vendors, expense reimbursement and tax on a regular basis.
Finding the right bank, understanding local laws and regulations and knowing who can legally make those payments can be a real burden for an international expansion team.
At Prime Consultancy, we have teams of experts who can manage your global payments. They'll calculate your funds and send you a simple breakdown in a funds request. Just remit a monthly payment in US dollars to Prime Consultancy and we'll make all payments in the right currency at the right time to settle client liabilities. At the end of the month, we’ll send you management information showing how your funds were dispersed.
WHY PARTNER WITH US?
Certain banks on our panel can offer enhanced rates to that offered in the market
Transparency and full reporting
Potential to easily spread your counterparty risk with up to 12 credit rated institutions
Flexible choice of fixed term deposits
Reduced CHAPS charges and administration - for multiple deposit placing clients can initiate one payment and we split the payments to your chosen banks, with just one point of contact
A faster route to market than initiating new banking relationships for deposits, with no arduous form filling and on-boarding periods
OUR CUSTOMISED AND INTEGRATED SOLUTION THAT PROVIDES CLIENTS WITH
End-to-end management from policies and execution through to financial accounting
Dedicated and responsive support from highly skilled business experts
Strong control environment
Flexibility and scalability for future growth within a highly controlled, disciplined and transparent working environment