Netting is a software which is installed directly in the company’s network.
Advantages for your company
- Reduced number of payments and payment volumes
- Fewer currency conversions
- Concentration of currency conversion volumes
- Better payment discipline
How Netting works
Receivables between units in the Group are regularly settled via a netting center. The netting system calculates all payments in and out to arrive at a net amount. After the netting period, each unit pays or receives an amount in its "domestic currency".
Simply contact us at the branch, and we’ll tell you more about what Netting can do for your company.
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