Concentration services

• Movement of cash from different lockbox locations into a single concentration account from which disbursements and investments are made.


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 Embedded terms in definition
Concentration account
 Related Terms
 Cash concentration
Concentration account
Concentration banking
Credit rating services
Financial services
Information services
Non financial services
Short term investment services

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Helping Disabled or Elderly Relatives With Money Management, Even From Far Away: Millions of people serve as financial caregivers for ill or elderly spouses, parents, children or other loved ones. They perform services that include paying bills, handling deposits and investments, filing insurance claims and preparing taxes. Because this role can be costly and physically and emotionally exhausting, especially for a caregiver who lives far away or has the usual time-demands, FDIC Consumer News offers some suggestions. More...

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