Illustration of a Private Banking advisor from Berenberg in a client meeting

Treasury and Payments

A sample case

» A client runs a steel trading business. Over the past 20 years, as his accounts grew in size, the company developed a significant cash buffer. He wanted to expand but was uncertain about the execution time frame. He also needed flexibility for some smaller payments that were made from time to time. He wanted his funds to earn money while he looked for opportunities in his sector, but he did not want to take major risks for the funds.

We implemented a mixed treasury structure, whereby one part of the liquidity was placed on a conservative fixed income strategy, including some exposure to foreign currency, including Chinese RMB. This generates more, albeit diversified, returns with daily liquidity and allows for more flexibility. The second part of the fund will be placed at several international banks for three-month deposits, while the third and smallest part remains in cash.

In addition, Mr. B. received a company credit card and online access to the account to oversee the wire instructions of the current account.

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