Cash Concentration

Treasury

Turkish: Nakit Konsantrasyonu

Short definition

Cash concentration is sweeping group account balances daily into a central account. It is the operational engine of cash pooling; it is not the same as legal set-off.

Detailed explanation

Physical pooling moves the balance; notional pooling nets interest and may not move cash. Tax, central-bank and bank rules bound it.

Trapped cash breaks concentration: country, collateral or a covenant locks the balance. Concentration also enlarges counterparty risk at one bank.

Why it matters for the CFO

Scattered cash hides a 13-week trough while the group balance looks high. Concentration makes usable cash visible.

How to read it

A concentrated balance is not liquidity until trapped and encumbered cash is taken out.

Related calculators

Güven Sayılgan’s writing on this topic

Read these first

What to learn next

  1. Cash Pooling
  2. Trapped Cash
  3. Treasury Management
  4. Liquidity

Definitions are educational. They are not investment, credit or tax advice.