In an increasingly complex marketplace and regulatory environment, you need to simplify the management of your cash positions and requirements. Our experienced specialists work with you to understand your needs and provide insights and solutions to help you reach your global and local objectives.
Concentrate cash and move funds across borders
Our award-winning, proprietary Global Liquidity Platform scales with your needs, automating cash management to quickly sweep funds wherever you need them. Whether you need to physically or notionally concentrate balances between entities or across borders, our liquidity specialists will work with you to design account structures that achieve your unique regional needs while enhancing global visibility to, streamlining intercompany interest settlement and tracking, and maximizing your working capital.
Increase visibility in real time
Viewing global balances and transactional information is critical to day-to-day cash flow management, effective forecasting, balance segmentation, and optimizing yield2.
Bank of America’s CashPro® enables access to all of your liquidity and investment tools with a single sign-on.
- Gain real-time access to account balances and transaction data with a full range of standard and customizable reports with CashPro® Information reporting
- Improve cash positioning with CashPro® Assistant Analytics, our enhanced solution that leverages Microsoft® Excel and XML technology
- Manage your investments more effectively with extensive research tools and reporting capabilities through CashPro® Invest2
- Proactively anticipate your funding needs with CashPro® Forecasting IQ
Discover the benefits of combining FX Netting & Multicurrency Notional Pooling
The process of managing numerous intercompany invoices and payments can be fragmented and costly. We’re here to help.
Connect your cash management structure to an award-winning suite of FX tools to help you centralize your FX funding and FX risks. Our market-leading FX netting software features automated funding and booking workflows so you spend less time reconciling and calculating, send fewer wire transfers and reduce your total FX related expenses. Combine FX Netting with Multicurrency Notional Pooling to reduce debit interest expenses and take full advantage of your cash pool.
Watch a short video to learn more about the combined strength of Bank of America’s netting and pooling services.
Put your excess cash to work
We offer a wide spectrum of investment solution and options to put your balances to work, so you can maximize liquidity in any environment.
Our suite of Automated Investment sweeps offers you the convenience of fully automated investment and redemption to optimize your excess cash and diversify your counterparty exposure. Our product links a new or existing analysed account directly with a money market investment fund of your choosing, investing as the last transaction each day and available to redeem for your use the following morning.
*available to US accounts only
- Convenience – Automate daily investment decisions and manual order placement
- Full liquidity – Daily access to funds for operating expenses
- Additional Yield – Accrued earnings are paid monthly
- Earnings credits on target balance – Ability to designate un-invested funds to benefit from earnings credit in your checking account
Meet your portfolio objectives of stability, liquidity and yield through ever changing markets and regulations through insightful ideas and integrated solutions. Our consultative, highly experienced investment specialists are your source for a diverse selection of self-directed investments1.
^The alternatives listed above are for illustrative purposes and do not constitute investment advice. Securities products are provided through BofA Securities, Inc. a broker-dealer subsidiary of Bank of America Corporation and a Member of SIPC. Certain products and services are provided by Bank of America, N.A., a national banking subsidiary of Bank of America Corporation.
Fund a sustainable future with ESG - Sustainability Deposits
Support your Environmental, Social, and Governance (ESG) goals with Bank of America’s Sustainability Deposit solution.
A Sustainability Deposit is an account earmarked for sustainable financing. It allows you to mobilize your short-term excess cash to finance sustainability lending in the ESG space. It gives you an opportunity to invest in your commitment to corporate responsibility by helping fund a variety of environmental transition and inclusive development projects.
How it works
- Balances in Sustainability Deposit accounts will be earmarked for Bank of America’s sustainability lending portfolio
- Available in USD, CAD, GBP, EUR, HKD & SGD across Bank of America N.A. branches
- View the Quarterly Sustainability Deposit Impact Report showing an overview of projects funded by Sustainability Deposits
- ESG: supports your firm’s sustainability goals
- Liquidity: full access to funds when needed
- Assurance: benefit from Bank of America’s strong balance sheet
- All activity can be viewed on our web-based treasury management portal, CashPro® Online
Navigate changing markets and regulations
As markets, economies and regulations evolve, you want timely insights to better understand the local and global impacts on your business. Our specialists help you take a more strategic approach to cash flow management and investments to minimize risks and take advantage of new opportunities.
- Establish account structures to assist you in accommodating local legal and regulatory regimes2
- Understand impacts of new regulation and changes to existing markets including the LIBOR transition.
- Gain insights into emerging trends such as the evolution of our industry leading ESG product suite
Global Finance, The Innovators
The Most Innovative Bank in North America, 2020
The Asset: Triple A Treasury, Trade, Supply Chain and Risk Management Awards
Editors’ Triple Star for Global Liquidity Platform, 2019
Treasury Management International (TMI), Awards for Innovation & Excellence
Best Bank for Cash & Liquidity Management for China, 2019
Treasury Today, Adam Smith Awards, Highly Commended
Best Cash Management Solution - Accenture plc, 2020
The Asset Client Solution Awards
Best Liquidity and Investments Solution – AB InBev (China), 2019
The Asset Client Solution Awards
Best Liquidity and Investments Solution – Qualcomm (China), 2019
The Asset Client Solution Awards
Best Liquidity and Investments Solution – ZF Friedrichshafen AF (APAC), 2019
1Securities products are offered by BofA Securities, Inc., a broker/dealer subsidiary of Bank of America Corporation and a member of SIPC. Non-securities products (including deposit products) and services are offered by Bank of America, N.A., a national banking subsidiary of Bank of America Corporation
2Bank of America does not provide tax or legal advice
An investment in money market mutual funds is not insured or guaranteed by Bank of America, N.A. or its affiliates, or by the Federal Deposit Insurance Corporation or any other government agency. Although money market mutual funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in money market mutual funds.
The value of investments and the income derived from them may go down as well as up and you may not get your original investment back. The level of yield may be subject to fluctuation and is not guaranteed. Where applicable, changes in rates of exchange between currencies may cause the value of investments to decrease or increase.
Repurchase Agreements are not deposits, are not insured or guaranteed by the United States Government, the Federal Deposit Insurance Corporation (FDIC) or any other government agency, and involve risks, including the loss of principal. Repurchase Agreements are based on underlying securities that may be direct obligations of, or guaranteed by, Government Sponsored Enterprises (e.g., FNMA and FHLMC), the U.S. government or agency thereof.
Demand Deposit Accounts – Available in select areas.
Money Market Deposit Account - MMDA accounts are subject to Regulation D. Compensation on these accounts is paid monthly. MMDA accounts are limited to six transactions per month. If you frequently exceed the transaction limits, or exceed them on more than an occasional basis, we may revoke your privileges on that account or convert it to another type of account.
Some products and services may not be available in all jurisdictions or to all clients and are subject to change without notice.