International Treasury & Cash Management (Intermediate)

The essential elements of international treasury & cash management

This course is designed to provide finance professionals with up-to-the-minute knowledge of the essential elements of corporate cash and treasury management, including: the role of the corporate treasurer and the structure of treasury; cash and liquidity management; interest rate and foreign exchange management.

Who should attend?

Designed for experienced professionals who have a good understanding of treasury concepts, but are seeking more sophisticated and in-depth knowledge of structures and strategies

Learning objectives

You will gain a complete insight into the new and existing challenges facing the industry and develop practical skills and knowledge that can be immediately applied upon your return to the office.

Why attend?

  • Practical, hands-on training featuring corporate case studies and group exercises
  • Delivered by EuroFinance the trusted, industry leading training provider
  • Proven track record – over 300 treasury professionals have attended this course
  • Experienced tutors that address your real-life challenges
  • Network with your industry peers – we attract professionals from over 60 countries
  • Learn instantly applicable knowledge and skills to take back to the office
  • Earn up to 21 NASBA CPE credits, CPD certified


  • Day 1 Agenda
    Start time: 9:00 am End time: 5:30 pm

    Overview and introduction to international treasury

    • The main elements of treasury management
    • Evolution and the changing role of the corporate treasurer
    • Policy and strategy
    • Changing face of treasury process – automation, control and STP
    • The importance of cash and liquidity management

    Business models and treasury organisation

    • Underlying business models – organisation, integration and culture
    • Finance models – decentralised, shared services and commissionaire
    • Impact of business model on treasury structure ;decentralised, regional and centralised treasury
    • Allocation of treasury responsibilities
    • Treasury models
    • In-house banking

    Treasury as a business service provider

    • The product portfolio of an in-house bank
    • Funding and investment
    • FX centre
    • In-house banking and cash managementNetting centre
    • Payment factory
    • Location considerations


    Clearing and settlement systems for domestic money movement

    • Types of settlement systems and how they work domestically – net settlement; real-time gross settlement; bilateral systems; continuous linked settlement
    • Types of clearing: High value, Low value clearing (ACH), cheque clearing
    • Comparing different environments
    • Associated data transmissio
    • Evolution

    International money movement

    • International banking principals and challenges
    • Understanding SWIFT, the types of messages and when they are used
    • Cross-border payments – Globally; Eurozone payment and clearing options
    • Corporate options – Using correspondent or partner banks; using network banks for international money movement
    • Straight-through processing and barriers to STP

    Related payments and collection services

    • Check and draft collections
    • Branch deposits and virtual accounts (incl. notes and coin)
    • Documentary collections and letters of credit
    • Cards – T&E; procurement; stored value
    • Web and mobile payment approaches

    Exercise: International money movement

    Social Drinks Reception

    An informal social drinks reception will take place near the venue for those participants wishing to network with other participants also to obtain one-on-one practical advice from the tutor.

  • Day 2 Agenda
    Start time: 9:00 am End time: 5:30 pm

    Settling transactions within a multinational group

    • Types of intercompany settlement – third party, bi-lateral, multilateral and clearing house
      o Trade payments and receivables
      o Financial flows
    • Corporate business structure drivers of netting
    • Structural issues
    • Policy issues and netting methods
    • Practical problems that may be encountered (e.g. regulatory issues)
    • Netting review checklist
      o Cost efficiencies
      o Potential providers
    • Evolution and new approaches to netting

    Exercise: Setting up a netting system

    Cost impacts, bank pricing and use of currency bank accounts

    • Why use currency accounts and where to locate them
    • Managing currency accounts (reporting, funding, defunding)
    • How banks price and impact on corporate cost (float, earnings credit, overt and covert) fees
    • Impact of value dating on international money movement; Europe and the PSD
    • Resident and non-resident issues – importance of establishing correct ownership
    • Understanding value dating

    Liquidity management: Part 1 – concentration and pooling in one currency

    • Cash concentration and similar services
    • Types of pooling – physical; notional etc
    • Tax and regulatory issues
    • Documentation
    • Interest and how it is allocated
    • Cross-border rules and impact in cash concentration
    • Bank capabilities
    • Multi-bank concentration
    • Money market investment

    Liquidity management: Part 2 – concentration and pooling in multiple currencies

    • Traditional approaches to intercompany funding
    • Limitations of traditional approach
    • Synthesising an exchange rate
    • Interest compensation approach
    • Transparency and understanding the savings
    • Bank capabilities and use of correspondents

    Putting it all together: Creating efficient account structures

    • Determining the most efficient account structures
    • Easy countries and problem countries – examining different scenarios
    • Impact of PSD on European account structures
    • Adding sophistication of models for operational purposes
    • Structures that combine operational efficiency and liquidity management optimisation
    • Ownership issues and effect

    Exercise – Liquidity structure comparison

  • Day 3 Agenda
    Start time: 9:00 am End time: 5:30 pm

    Current trends in treasury and banking

    • Cybercrime, fraud and security
    • Best practices in cash management
    • Regulatory impact
    • The increased importance of corporate treasury

    Shared services: Initiatives, centres and payment factories

    • Differing approaches
    • Technology Platforms
    • Impacts on treasury and the appropriate response
    • Account structures
    • Choice of banks
    • Implementation and customer service requirements

    Global payment technology

    • Mechanization in treasury departments
    • Balance and transaction reporting
    • Payment channels – moving from paper transactions to electronic; impact of e-business and new payment channels
    • Multiple banking formats in business systems
    • Multi banking and the role of SWIFT
    • Transaction detail
    • Corporate needs and bank challenges

    Exercise – Integration of commercial and Treasury transaction platforms

    Bank relationship management

    • Objectives of BRM
    • Relationship vs. transactional banking
    • Role of credit
    • Measurement and feedback
    • Common points of failure
    • Rewarding the effective
    • Relationship meetings

    Selecting cash management banks to fulfill different roles

    • Approaches to bank selection
    • How the process of bank selection works
    • Selection for domestic, pan regional and global purposes
    • Bank geographic strategies
    • Importance of matching Corporate organisation
    • Local or regional banks?
    • What multinational corporates are looking for
    • Approaches to pricing and service quality
    • Understanding what constitutes ‘best’

    International bank RFPs

    • Process checklist – what should your expectations be?
    • Pricing and costs
    • Using different techniques
    • Identifying and pre-qualifying banks
    • The tender document – what to include
    • How to evaluate the bank responses
    • Due diligence

    Exercise – what to include in bank RFPs

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