Fund availability limits. Intercompany loans

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2 e- Benefits Requeriments Contact Corporate It gives you full control over your funds enabling you to manage income and expenses on-line through virtual and checking accounts in local currency or in dollars using tools that can help you manage and optimize funds on-line and in real time. Corporate s main functions Multi-tier virtual and checking accounts. Zero balance collection accounts. Fund allocation limit. loan calculation. Interbank collection. E-, provides you with the sum of your accounts. 1

3 Intercopany e- Benefits Requeriments Contact Consolidated real balances Service line Master account % Interest payment Multi-level register accounts Fund threshold allocation Center Region Northern Region Calculation of borrowing or lending rate Zero balance collection accounts Mexico City Credits/Debits State of Mexico Ccredits/Debits Monterrey Credits/Debits Torreón Credits/Debits Only pay up to their assigned limit Function Benefits Concentrate funds received on-line through zero balance collection accounts. Establish accounts and levels in accordance with your needs. Optimize working capital, no idle resources. Interbank collection. Real time concentration of funds and on-line availability. Interest payments on master account balances. Optional: Service line Online configuration of daily revolving availability and/or budget by register or payment account. Budget allocation. Greater control over funds. Virtual budget in the accounts. Calculation of intercompany, determination of a borrowing and lending rate based on the end balance of multi-level registry accounts. Know the behavior of cash flows according to region. E- permits consultation of the overall financial position by presenting the sum of the balances in a consultation: demand, investments and credit of all bank accounts and accounts in other banks. Know global balance positions. Improve decision-making. 2

4 Intercopany e- Benefits Requeriments Contact loan calculation example Account structure in accordance with transaction. Allocation of financial thresholds by account. Revolving credit. Holding $65 -$5 $70 Decisions The central treasury can assign an annual interest rate of 10% on subsidiary. It can also assign an annual interest rate of 5% on investment. $8 credit Delegación D.F. $65 investment of Holding balance AA pays 10% interest on balance -$8 BB obtains 5% interest on $3 CC obtains 5% interest on $55 DD obtains 5% interest on $15 Distrito Federal Guadalajara MAR 1 -$5 -$8 $3 MAR 2 $70 $55 $15 Delegación I Delegación II Zapopan Jalisco MAR AA -$8 -$20 $12 MAR BB $3 -$22 $25 MAR CC $55 -$35 $90 MAR DD $15 -$10 $25 Disbursement Collection Disbursement Collection -$20 $12 -$22 $25 Disbursement Collection Disbursement Collection -$35 $90 -$10 $25 -$15 -$4 -$1 $10 $2 -$20 -$1 -$1 $15 $10 -$20 -$10 -$5 $30 $60 -$10 $5 $10 $10 Mar: Multi-tier register accounts. 3

5 e- Benefits Requeriments Contact It enables you to consult balances and movements on-line and in real time in accordance with the established structure. Global Banking Chihuahua Sonora Camargo Juárez Hermosillo Agua Prieta Payroll Disbursement Payroll Collection Cash M Disbursement Cash M collection Global B Disbursement Global B Collection e-banking Disbursement e-banking Collection First the master account is consulted and then multi-tier register accounts through to the accounts at the end of the structure, i.e., collection and Disbursement accounts. It is possible to extract the information either consolidated or at account level. 4

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7 e- Benefits Requeriments Contact Allocation of fund availability This function enables you to assign on-line to withdrawals at any account level for the disbursement accounts. Daily limit: It is revolving and is reset automatically. Budget limit: For a set amount on a set date. Checks or electronic debits will not be paid if these are surpassed. The can be modified through on Line as many times as is necessary throughout the day. 6

8 e- Benefits Requeriments Contact This function enables you to indicate the multi-tier register accounts that will be used to calculate intercompany ; this calculation is for informative purposes only; it does not generate accounting within bank. You can assign the borrowing and lending rate; the system will apply an annualized simple interest calculation based on the daily closing balances of these accounts; this information can be printed or exported in TXT format. 7

9 e- Benefits Requeriments Contact e- This function will provide you with the company s overall position financial by displaying the sum of your account balances regardless of the bank they were opened with. e- enables you to make easy and effective decisions on-line by providing you with timely knowledge of the balances. The System will consolidate the bank account balances: cheques, investments and credit, and the result will be the bank Position. The Other Banks Position will comprise your checking, investment and credit account balances in other banks; the company provides this information. The company will also indicate the daily expenses that will be part of the Other Expenses Position. The sum of all 3 concepts will be the company s Financial Position. 8

10 e- Benefits Requeriments Contact Benefits Centralized control over funds. Interest payments on master account. Optional: master account overdraft management. No idle balances in subsidiary accounts. Assignment of a daily revolving credit limit per account. Assignment of a budget availability limit per account. On-line and real time transactions. Zero balance accounts. loan calculation. Interbank collection. Multi-tier account structures in local currency and dollars. e-: provides company s financial position. TXT file detailing transactions for electronic reconciliation. Unlimited horizontal and vertical structure of accounts or levels. 9

11 e- Benefits Requeriments Contact Requirements Have access to on Line. Open checking accounts for the master account, disbursement and collection accounts. Operate within Mexico country boundaries. Fees Concepto Opening Annual fee When the maste r account monthly average balance is less than $200,000 1 Per payment account transaction Paid check Account debit Per deposit account transaction Credit received at branch (includes referenced deposit) Credit received electronically Per master account transaction Paid check New account as of no. 20 Overdraft attempt - any overdraft amount - clearing house returned check 2 Overdraft attempt - any overdraft amount - OTC bounced check 2 Certified check Issuance of an account statement that is 6 months old or more Print-out or consultation of account movements Fees $5,500 $2,000 $1,000 $10 $6 $9 $6 $10 $72 $900 $900 $150 $40 $40 Product available for individuals with bussines activity and moral people nation wide through branches. All fees are in local currency (MXP, unless otherwise stated), they do not include VAT and are subject to change. 1 If the average monthly balance in your account is less than the minimum required, you will only pay the amount that is the lower of the aforementioned fee or the difference between your balance and the minimum one. 2 For a bounced check the amount that is the lower of the aforementioned fee and the overdraft amount. For more information call the Business Help Desk: , and

12 e- Benefits Requeriments Contact bank Inverlat, S.A. Oficinas Corporativas: Blvd. M. Ávila Camacho No.1 Col. Lomas de Chapultepec, México, D.F. C.P Our branches Call Center & Help Desk: CONDUSEF: y For more information about the terms, conditions, fees and requirements, please consult: A product of bank Inverlat, S.A. Institución de Banca Múltiple, Grupo Financiero bank Inverlat. DIC