Balance ConsolidationReduce interest payments and save money
Know your balance - automatically
Our Mirror Netting service automatically calculates the net credit or net debit balance on groups of accounts to determine your overall net position within the bank. With this service, your business benefits from:
- Reduced interest expenses
- Maximized deposit returns
- Maintained actual and reported account balances on individual accounts
Earn interest or pay interest only on your net
No funds actually move between accounts and your balance doesn't change – pay or earn interest on your actual net position.