Cash Management

Raiffeisen Bank Aval offers the provision of statements of current account (accounts) using the SWIFT system:

• format МТ940 — concluding statement the previous day about the opening and closing balance and all transactions conducted on the account of a corporate customer;
• format МТ941 — the current statement on the current account of the corporate client about the balance of funds on the account of a corporate customer to a specific point in time;
• format МТ942 — the current statement of transactions conducted on the account of a corporate customer to a specific point in time.

• Consolidated statement cash flows provided by Bank to corporate clients by means of e-star’parameter.
• Consolidated statement gives the corporate clients the opportunity to analyze the source of the payments and receipts of structural divisions on the morning of the day due to the information received the previous working day in the context of accounts of all departments and also by viewing all payment documents.

• quick access to information on the current financial status of each controlled unit;
• monitoring of the payment flows of all structural units in the “single window”;
• proof of payment separate payments of controlled entities;
• centralized management of the finances of regulated entities;
• operations to payments controlled units — opinion payments;
• operational reporting of all the controlled entities: balances, turnovers, etc;
• the possibility of a separate natural person, major shareholder, founder or owner of the company to monitor the execution of payments;
• the main company can generate payment orders of its controlled subsidiaries.

• Maximum balance support (Maximum Balance) – allows you to constantly maintain the maximum balance of funds on a particular account. In the case when the balance on a certain account exceeds the amount of the maximum balance, the excess funds are transferred to another specific account;
• Support for a small balance on the account (Minimum Balance) - provides the ability to constantly maintain the minimum balance of funds on a particular account. In the case when the balance on a certain account is less than the minimum balance, its support is provided by transferring funds from another specific account;
• Keeping the balance on the account within the range (Threshold Balance) - provides the ability to constantly maintain the balance on the account within the set maximum and minimum balance. If the balance on a particular account exceeds the amount of the maximum balance – excess funds are transferred to another specific account. If the balance on a certain account is less than the minimum balance – his support is provided by transferring funds from another specific account;
• Maintain a fixed balance on the account (Exact Balance) - provides the ability to constantly maintain a fixed balance on the account. In the case when the balance of funds on a particular account exceeds the amount of a fixed balance, the excess funds are transferred to another specific account. If the balance is less than a fixed balance – his support is provided by transferring funds from another specific account.

• The service helps to accumulate on the account of the parent company the balance of funds available on the accounts of structural subdivisions or subsidiaries.