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.
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.

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

By the end of the course, you will be able to

  • Place Treasury and cash operations in the context of your business and its challenges
  • Understand the issues surrounding cash management in an international context
  • Identify the differing capabilities of potential banking partners and how to manage both the selection and ongoing bank review processes
  • Have insight into the techniques used by multi-national corporations to manage their cash across a range of currencies
  • Have a comprehensive view into the technologies available to you to manage your cash position
  • Review your risk profile in the light of the most common exposure to cybercrime

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


  • Corporate Treasury and Banking
    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.

  • Liquidity Management and Treasury Systems
    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

  • Financial Risk and Bank Relationships
    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