A cross-border cash pooling will be set up to realize cross-border two-way flows of funds between domestic and overseas member entities, open up the fund channel at home and aboard and transfer global funds to one place for centralized management.. Centralized receipts and payments of foreign exchange and receipts and payment for net settlement will be realized by using cash pooling.

   ★　Unified global/regional treasury management.
Physical pool is mainly used in multinational corporations, where the cash reserves of the company's overseas subsidiaries are gathered to specific country/region to build a global cash pool or regional cash pool.

   ★　Flexible cash allocation. 
The multilevel framework of physical pool allows customers to automatically sweep the accounts globally or regionally for cross-border treasury activities and interest tax planning. Physical pool supports companies to initiate sweeping, allocation or single cash allocation and enables multinational corporations to allocate liquidity across regions. Moreover, physical pool allows payment made between accounts of higher/lower level as one option for companies to process external payment flexibly.

   ★　Global account support. 
In a corporate group, domestic ICBC accounts, overseas ICBC accounts or accounts of partner banks can all be included in a physical pool.

   ★　Complete information. 
To customers, physical pool provides a list of internal incoming and outgoing account transactions, a list of successful and unsuccessful pooling/allocation to group headquarters and member companies. The lists are for customers to check the cash pooling or allocation.
Notes：Cross-border cash pool (including physical pool and notional pool) is a service depending on the regulatory policy and requirement of the relevant country.