It’s good when money gets where it needs to be quickly. Trusting business relationships thrive on liabilities being settled on time. Companies need ample liquidity and a bank that can process their daily payment transactions smoothly. LBBW has the right account for your needs.
LBBW’s business accounts: The secret to your success
LBBW’s business account is the hub of your business activity. It is where all cash transactions converge, including domestic and international payment transactions. The services we offer include:
- Transfers, standing orders and direct debits
- Account statements by post
- Digital account statements (with a qualified electronic signature or seal)
- Electronic account information for further processing in your accounting system
- Cash pooling
We provide two tried-and-tested products for your electronic payment processing and the provision of account information: the payment app in the Corporates Portal and the SFirm software solution.
LBBW Corporates portal
Electronic banking at its best: The payments app is a central internet application that allows you to access extensive account information and transact payments inexpensively, securely and with ease. Click here to find out more about the payments app.
To the LBBW Corporates portalIf you need it, we can provide you with a credit facility with a debit interest rate tied to the 3-month EURIBOR, meaning the conditions are fair and transparent at all times. Changes in the reference interest rate – in either direction – are directly reflected in your debit interest rate.
For details and conditions of our business accounts with referenced interest, please contact your advisor. You can find the current interest rates here:
The CorporateWorld Mastercard company credit card is the ideal addition to your business account.
The foreign currency account: Payment transactions in other currencies
Doing business outside the eurozone sometimes means processing payments in different currencies. This can entail significant exchange rate risk. The solution: LBBW’s foreign currency current account lets you handle cashless payments in all major currencies. Depending on the performance of the foreign currency, you can select when to convert payments received, thereby utilizing the hedging effect of the account.
The liquidity account: Invest with near-money market interest rates
In addition to the business account, LBBW offers a liquidity account for investing surplus liquidity. The liquidity account is an investment account for legal entities that gives you attractive interest rates.
The advantages of the liquidity account at a glance:
- Fee-free account management
- Near-money market interest rates
- Daily access to your deposits
Do you have questions? Contact us!
