

Inhouse Banking


Sfx Inhouse Banking
For companies whose Group Treasury is the inhouse bank for every subsidiary. Group Treasury can determine the pricing principles for subsidiaries in several ways:
– Either using reference rates or externally executed rates. If your subsidiaries are rated
– A range of mark-ups can apply.
Sfx Inhouse Banking is the ideal solution for major corporations with a large number of subsidiaries who are looking to implement a coherent foreign exchange policy across the group
An Sfx Inhouse Banking corporation is typically looking to leverage from intragroup foreign currency netting and hedging
The solution is effective no matter how diverse the operations or foreign currency exposures of the subsidiaries are

Why Sfx Inhouse banking?

The advantage of Sfx Inhouse Banking is that it aggregates foreign exchange exposure of the subsidiaries and calculates the risk at group level
Sfx Inhouse Banking is extremely flexible and can be adjusted to different price mechanisms such as reference rates plus mark-up, or external trades, both flat or with mark-up. Whichever principle you apply, spread costs will be saved for the whole Group.
Provides automatic accounting for group subsidiaries
Executing transactions at group level greatly reduces transactional costs and administration

This is Sfx InHouse Banking

Sfx Inhouse is compatible with group financial policies and accounting principles

Aggregates the foreign exchange exposure of subsidiaries at group level or back-to-back for each subsidiary

Hedges and orders are directed to your preferred liquidity provider (bank or multi-bank trading platform). Trade confirmations are automatically updated in your Sealfx Treasury Automation System or in your local TMS.

The value of currency hedges and transactions are automatically allocated to each subsidiary, with matching accounting records
