In the banking industry, cash management or cash management is a marketing term for certain cash flow services, which are mainly offered to larger business clients. It can be used to describe all bank accounts (for example. B current accounts) provided to enterprises of a certain size, but it is more often used to describe certain services such as cash concentration, zero accounting and clearing institutions. Sometimes private bank clients receive cash management services. In the past, other services have been offered, the usefulness of which has diminished with the advent of the Internet. For example, companies could have daily faxes of their latest transactions or receive CD-ROMs with images of their cashed cheques. The real impact of the decision on Brexit has yet to be fully implemented. The deadline has been postponed twice, now for the 31st Scheduled for October 1, 2019, but a further delay is possible. The rules under which the UK could withdraw, such as a "no deal", or the terms of a withdrawal agreement, which is the subject of considerable parliamentary discord, and the structure of a new future relationship between the UK and the EU-27, are also uncertain. Cash management services can be expensive, but the costs to a business are usually outweighed by the benefits: cost savings, accuracy, efficiency, etc. Companies rely on BNP Paribas in the UK to offer a combination of comprehensive services in the country and consistent pan-European solutions, including cash management and trade finance, using the BNP Paribas network. BNP Paribas supports the national needs and international ambitions of British companies, as well as the requirements of European, American or Asian companies wishing to do business in the United Kingdom.
The Bank`s solutions are backed by solid market knowledge and long-standing expertise. Cash management involves a large financial sector that includes the collection, handling and use of cash. It includes the assessment of market liquidity, cash flows and investments.   Financial instruments involved in cash management include MONEY MARKET funds, treasury bills and certificates of deposit.  Below you will find the list of services generally offered by banks and used by large companies and groups: Term deposits are available in GBP or large foreign currencies with maturities that usually vary between one night and one year. Durations of up to five years are possible. The British economy has been one of the fastest growing industrialised countries in recent years, despite slow growth in the eurozone, its main trading partner, until the June 2016 referendum on leaving the European Union (`Brexit`), which was originally due to take place in April 2019. At first, the economy resisted, but is now experiencing a slowdown with direct investment outflows. For now, this inertia continues to focus on the fiscal sector, with purchasing power being undermined by the devaluation of the pound. Employment remains dynamic (the unemployment rate is just over 4%), but wage growth is tepid, while much of the food is imported. BNP Paribas has been present in the UK for over 140 years and employs around 7,000 people with business centres in London and Manchester. Clients are supported through their Corporate Business Centre in London.
The bank provides domestic banking services and has access to more than 2,000 branches to support its UK clients and international foreign clients of the BNP Paribas Group. In the corporate and investment banking sector, BNP Paribas is the leader in capital markets, advisory and financing. . . .