The Corporate Evergreen account provides organisations with a choice of notice periods to suit their liquidity needs, allowing them to manage their capital flow with greater efficiency.
"Evergreen is ideal for treasurers and chief financial officers who have an increasing desire for flexibility when forecasting their liquidity and want to improve their return on surplus funds," Westpac's head of corporate cash management, Daniel Moses, said.
The solution has no minimum investment amount and organisations can add funds to their account at any time to maximise the return on surplus cash flows, while having the option to withdraw all or some of their money after serving a predetermined notice period.
