GLOBAL CASH MANAGEMENT
SOLUTIONS
Helping to optimize cash and enhance liquidity for businesses with complex payments and financing needs.
Elevating Global Cash Management
When it comes to navigating evolving macroeconomics, cash flow is critical. Major external factors such as digitization, automation, emerging technologies and risk management are impacting treasurers’ expectations around managing money, and they are looking for cash balances to work more efficiently for their company.
BNY’s complete end-to-end cash management solutions help clients achieve operational efficiency, deliver greater value to their customers, enhance liquidity for global businesses and solve for complex payments and financing needs. Our core offerings include:
VIRTUAL ACCOUNT-BASED SOLUTIONS
Open and manage virtual accounts through a self-service platform and gain instant, real-time access to payment processing and reporting. Optimize balances on demand or execute through various payment options, and optimize yields on working capital and trapped cash. Read the press release on Virtual Account-Based Solutions.
ACCOUNT SOLUTIONS
Gain access to a wide range of core depository account and account services that cater to various cash management and liquidity needs. We offer depository solutions, like core Demand Deposit Accounts, designed to provide visibility, accessibility and control over your funds.
CASH OPTIMIZATION SOLUTIONS
Optimize operating cash, maximize yield and manage risks effectively and efficiently. We offer several tools designed to help optimize funds, depending on the desired operational, investment and strategic cash management goals.
Virtual Account-Based Solutions: transforming cash management
The ability to receive real-time insight into your accounts is key to enhancing control and optimizing cash administration activities and reporting. BNY’s Virtual Account-Based Solutions is a new technology platform that provides continuously updated transaction and balance history to deliver transparency into enterprise-wide cash flows. These accounts have a unique account number accessible on external payment networks, are self-serviced and managed, and can be established to help address the client's cash and liquidity needs with complete flexibility.
Improving cash visibility is key to the efficient administration of day-to-day cash management function. This solution is designed to optimize liquidity management needs through innovative cash segregation techniques based on customized account parameters. By establishing unlimited virtual accounts and account hierarchies, comprehensive cash movement is reflected in real-time across your entire enterprise.
Maintaining efficient cash management services and streamlining operations requires an effective Accounts Receivables (A/R) process that accurately matches and reconciles incoming receipts. Our instant reconciliation solution is designed to quickly reconcile your A/R ledger with payments received in real-time and match those payments with the appropriate virtual accounts for each sender or group.
Having a holistic view of cash flow can enhance the treasury function and help reduce costs. This solution is designed to help optimize liquidity by leveraging virtual accounts to centralize cash across subsidiaries and affiliates. The omni-channel reporting feature can also help identify and utilize cash to achieve target liquidity and self-fund working capital requirements across your entire enterprise.
Being able to receive funds by leveraging U.S. payment rails without physical bank accounts can help your corporate customers avoid costly processes and networks when facilitating payments. This solution leverages nostro accounts to identify, segregate and reconcile your corporate customers’ cash flow and transaction activity in real-time via virtual accounts.
Account Solutions
BNY’s core depository accounts and account services cater to various cash management needs. Depository solutions, like core Demand Deposit Accounts, provide visibility, accessibility and control over your cash, while account services are tailored to meet unique business needs and regulatory requirements.
These accounts offer a seamless integration with BNY’s payment, cash management and investment platforms, to help efficiently manage cash and help make strategic, informed decisions.
Account services support unique investment needs and regulatory requirements. They offer the opportunity to earn cash returns through many compensation methods, such as earnings credits, credit interest and off-balance sheet investments.
Cash Optimization Solutions
Optimize operating cash, maximize yield and manage risk effectively through several tools that can be leveraged depending on your operational and strategic cash management goals.
BNY’s IEF solution aggregates balances across BNY bank accounts notionally in various major currencies to help maximize yield. It also offers flexible account structures and transparent reporting to help improve financial and operational efficiency.
BNY’s Notional Pooling Solutions are designed to improve overall interest income and expense by netting balances across accounts to help your bottom line and optimize your liquidity management.
BNY’s Sweeps Solutions can help you optimize operating cash by concentrating cash between multiple accounts to ensure proper funding is in the right place, in the right currency, at the right time. Automated cash movement, flexible structures and transparent reporting help meet liquidity goals.
Treasury Management Solutions
With perspectives that go beyond common knowledge, our deeper level of market insight can help equip corporate treasurers — whether it's facilitating faster, frictionless payments, offering intelligent cash management solutions, forward-minded FX or simplifying cross-border transactions and global trade finance solutions.
![Jennifer Barker Quote - "We are taking a collaborative and visionary approach to help accelerate BNY Mellon's innovation strategy"](/content/dam/bnymellon/images/solutions/jennifer-barker-treasury-services-quote.jpg)
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LiquidityDirect: a comprehensive short-term investment platform
LiquidityDirect offers a variety of innovative solutions to meet dynamic investment and risk criteria and easily enable execution of your liquidity strategy. Our enhanced platform allows clients to effortlessly do work, gain insights and manage preferences. With access to a suite of more than 100 investment vehicles, integration with multiple treasury management workstations and many focused investing options — including the SPARK share class — we offer end-to-end solutions for liquidity management.
News & Insights
![Disruptive Forces on Credit Cards, and Changes in the Digital Payment Landscape](/content/dam/bnymellon/images/insights/credit-digital-landscape-hero.jpg)
Disruptive Forces on Credit Cards, and Changes in the Digital Payment Landscape
![Milken Global Conference 2023: Macroeconomic Environment & Banking Sector](/content/dam/bnymellon/images/insights/milken-2023-hero.jpg)
Explore key discussions from BNY’s CEO Robin Vince and Investment Management CEO Hanneke Smits on banking failures and macroeconomic conditions at the Milken Conference.
![The Importance of Financial Literacy: From Education to Action](/content/dam/bnymellon/images/insights/wef-shah-blog-april23-hero.jpg)
Discover how financial literacy education helps individuals make sound investment decisions and manage resources effectively.
![Robin Vince at World Economic Forum 2023](/content/dam/bnymellon/images/insights/wef-shah-blog1440x450.jpg)
Robin Vince, CEO of BNY, participated in a panel discussion at The World Economic Forum in 2023. Also watch Robin's interview with CNN International.