Cash Management

We design products and services to meet customer needs in optimising working capital and rationalising treasury transactions.

CORPORATES AND PUBLIC ENTITIES

FINANCIAL INSTITUTIONS - BANKS

FINANCIAL INSTITUTIONS - PARA BANKING

 

Corporates and Public Entities

In order to continue to grow, it is essential to seek new opportunities and new markets. For this reason, we offer corporate customers and public entities a strategic cash management service to make their activities and decisions easier and more straightforward.

Services

DIGITAL SERVICES

Digital innovation, speed of execution, variety of solutions, and Open API connections for Real-Time bank-customer interaction are the strengths of our cash management services, including:

  • Open Banking: the digital channel that allows customers to send payment instructions and receive information by enabling direct communication between the company's information systems and those of Intesa Sanpaolo Group through API (Application Programming Interface) protocols. Intesa Sanpaolo makes its public portal available to present its range of Open Banking services. Customers may also use the portal to book an appointment if they wish to have more detailed information;

  • Virtual Account: the service makes it possible to automatically reconcile collections received by bank transfer, by associating an ordinary current account with one or more virtual IBAN numbers that the customer will communicate to its debtors as bank details for crediting payments through SEPA transfers and international bank transfers. Each virtual IBAN can therefore be associated with a payer or an individual debt position;

  • Billing:  a flexible and dynamic invoicing service that allows simplified management of expenses and fees for transactional and trade finance products through a single debit, at the end of a given reference period, of all expenses and fees for the products and services related to billing, accompanied by detailed reports provided periodically in the customer's preferred format;

  • Remote offers (exchange of documents and multi-channel customer journey): through the exchange of documents it is possible to remotely sign the contracts, without the need to visit the branch, and view the documents received on Inbiz, by means of a remote digital signature.
    The multi-channel Customer Journey enables the purchase of the bank's products on Inbiz.

TREASURY AND INTERNATIONALIZATION 

Global management of treasury and innovative services to improve efficiency at the domestic and international level.

  • Domestic Cash Pooling: this service allows full control of corporate liquidity to balance credit and debit positions in all the accounts held in the pooling structure, automating liquidity management and centralising it on a single account;

  • International Cash Pooling: this service enables the daily and automatic transfer of credit and debit positions, by balance and currency, of each "peripheral" account held at a Group branch or bank, to a single central account, optimising liquidity management and reducing recourse to borrowing. It can be extended to leading third-party banks worldwide and is available in the International Cash Concentration and International Zero Balance mode.

  • SWIFT 94X/MT101: the use of information services via SWIFT enables the timely monitoring of corporate liquidity, aggregating the reporting messages coming from each international current account in a single interface. The most widespread information messaging in the world is the one based on international SWIFT MT94X standards.

COLLECTIONS AND PAYMENTS 

Pan-European and international coverage of collection and payment services.

CHANNELS 

Offering of a service portal available at international level and of bank-customer interface automation channels:

  • Inbiz: Intesa Sanpaolo's Corporate Banking portal, designed to manage companies’ financial, accounting, commercial and administrative activities in digital format. Thanks to a single multi-language platform, customers can navigate and access the entire range of services made available by the bank by interfacing with the Intesa Sanpaolo Group's national and international network, and they can also make use of Corporate Banking Interbancario (CBI) services, limited to Italy;

  • Host to Host: it is a method of interface and direct connection between Intesa Sanpaolo's systems and the customer's ERP (Enterprise Resource Planning) systems supporting multiple communication protocols and different platforms;

  • Ebics: the Electronic Banking Internet Communication Standard is a transmission protocol that allows the transfer of information and payment order flows in Host-to-Host mode;

  • Swiftnet: it is a communication channel between bank and customer, made available by the SWIFT circuit, which enables the transmission of financial and transactional information with the highest security and reliability standards at global level.

Discover our Corporate Internet Banking platform.

 

Financial Institutions - Banks

We offer a range of second-level banking products and services to facilitate access to payment systems for PSPs (Payment Service Providers) and banks. A suitable offer for those who do not intend to interface directly with payment systems and therefore require an experienced partner bank.

Services

AGENCY SERVICE EURO

Intesa Sanpaolo has direct access to domestic and European Euro clearing and settlement systems (EBA Clearing and Target2).

This allows us to offer solutions to our clients for:

  • indirect participation in EBA STEP 1;

  • indirect participation in EBA STEP 2 including SEPA services (SCT and SDD);

  • indirect access to the TARGET 2 platform;

  • access to BI-COMP domestic payment and collection systems;

  • indirect access to the Instant Payment system (EBA RT1 and TIPS) with a single interface.

The advantages offered:

  • We are strongly specialised in servicing institutional clients, with a modular and flexible offer, adaptable to their different needs;

  • We manage most transactions internally, within Intesa Sanpaolo’s systems, thanks to an extensive international presence.

PAYMENT UPON AGREEMENT

We can provide our client banks and PSPs with access to our network of branches for cheque cashing and cash withdrawal services (Euro and foreign currencies).

CASH LETTERS AND BANKNOTE TRADING

By relying on Intesa Sanpaolo, clients can manage foreign cheques in Euro and foreign currencies and trade banknotes in foreign currencies.

CLS SETTLEMENT

Through Intesa Sanpaolo, clients can manage their Forex transactions, thanks to the CLS settlement service.

CHANNELS

Channels for direct and automated interface between banks:

  • Host to Host: it is a method of interfacing with a direct connection between Intesa Sanpaolo's systems and client’s ERP (Enterprise Resource Planning) systems that can support multiple communication protocols and different platforms;

  • Ebics: the Electronic Banking Internet Communication Standard is a specific transmission protocol that allows the transfer of information and orders in Host-to-Host mode;

  • Swiftnet: it is a communication channel between bank and client, made available by the SWIFT circuit, which enables the transmission of financial and transactional information with the highest security and reliability standards at global level.

 

Financial Institutions - Para Banking/Insurance

We work alongside our customers to help them find innovative, real-time and integrated Cash Management solutions that will allow them to meet their increasingly complex requests.

Digital innovation, speed of execution, variety of solutions, and Open API connections for Real-Time bank-customer interaction are the strengths of our Cash Management and Issuing services.

Services

TREASURY AND INTERNATIONALIZATION 

Global management of treasury and innovative services to improve efficiency at the domestic and international level.

  • Domestic Cash Pooling: this service allows full control of corporate liquidity to balance credit and debit amounts in all the accounts held in the pooling structure, automating liquidity management and centralising it on a single account;

  • International Cash Pooling: this service enables the daily and automatic transfer of credit and debit positions, by balance and currency, of each "peripheral" account held at a Group branch or bank, to a single central account, optimising liquidity management and reducing recourse to borrowing. It can be extended to leading third-party banks worldwide and is available in the International Cash Concentration and International Zero Balance mode;

  • SWIFT 94X/MT101: the use of information services via SWIFT enables the timely monitoring of corporate liquidity, aggregating the reporting messages coming from each international current account in a single interface. The most widespread information messaging in the world is the one based on international SWIFT MT94X standards.

COLLECTIONS AND PAYMENTS 

Pan-European and international coverage of collection and payment services.

CHANNELS

Offering of a service portal available at the international level and bank-customer interface automation channels:

  • Inbiz: Inbiz is Intesa Sanpaolo's Corporate Banking portal, designed to manage companies’ financial, accounting, commercial and administrative activities in digital format. Thanks to a single multi-language platform, customers can navigate and access the entire range of services made available by the bank by interfacing with the Intesa Sanpaolo Group's national and international network and they can also make use of Corporate Banking Interbancario (CBI) services, limited to Italy;

  • Host to Host: it is a method of interface and direct connection between Intesa Sanpaolo's systems and the customer's ERP (Enterprise Resource Planning) systems supporting multiple communication protocols and different platforms;

  • Ebics: the Electronic Banking Internet Communication Standard is a transmission protocol that allows the transfer of information and order flows in Host-to-Host mode;

  • Swiftnet: it is a communication channel between bank and customer, made available by the SWIFT circuit, which enables the transmission of financial and transactional information with the highest security and reliability standards at global level.

Discover our Corporate Internet Banking platform.

GTB Brochure
GTB Brochure
PDF (EN)
1200 Kb
Financial Institutions Brochure
Financial Institutions Brochure
PDF (EN)
2472 Kb
Cash Pooling
Cash Pooling
PDF (EN)
122 Kb
Global Payments Innovation (GPI)
Global Payments Innovation (GPI)
PDF (EN)
136 Kb
Payment Factory
Payment Factory
PDF (EN)
137 Kb
SEDA DIRECT DEBIT (SDD)
SEDA DIRECT DEBIT (SDD)
PDF (EN)
237 Kb
Virtual Account
Virtual Account
PDF (EN)
136 Kb
Corporate Treasury
Corporate Treasury
PDF (EN)
193 Kb