Cash Management

Anyone wishing to succeed in dynamic markets needs an efficient and solid partner – that is where we come in with our cash management service.

Cash management is a service provided to customers that involves moving, managing and monitoring cash positions associated with securities transactions.

Forex

You can settle all of your forex transactions in any of the currencies we offer. All you need to do is place your forex orders by using SWIFT’s MT202 message and have accounts with us in the two respective currencies.

Interest Payments

Debit and credit interest is calculated monthly and credited/debited to the account on the third working day of the following month. Interest corrections are carried out on a monthly basis and are always booked with a value date on the last day of the previous month. Transactions are processed retroactively up to 11 months later.

Interest Payments for Cash Collateral

SIX Securities Services - through SIX SIS Ltd - pays interest on your collateral accounts. Cash that is used as collateral needs to be invested for a minimum period of 30 days. Investments with a term of less than 30 days will only be accepted in exceptional cases and will not yield any interest.