BNP Paribas

Corporate Treasury & FX in Brazil

Report date: 
5 Nov 2025

The full report covers current practices in relation to the list below. To read our commentary (analysis and key findings)  please Log In or Register

  • Changes to IOF tax and its impact on FX, loans, and domestic cash structures
  • FX transaction practices 
  • Cross-border funding and capital structure considerations
  • Potential introduction of dividend withholding tax
  • Viability of including Brazil in a notional pooling structure under new rules
  • Use of boletos and e-boletos for collections
  • Adoption and growth of the Pix payment system
  • FX hedging, interest rates and BRL volatility
  • Use of structured products and offshore hedging
  • Investment of surplus cash
  • Payroll practices 
  • Tax payments
  • Working Capital Finance
  • Bank Relationships: local vs. global banks and service levels
  • Regulatory, tax and operating environment in Brazil

Service providers discussed  in the full report: Bradesco, Itaú, Banco do Brasil, Santander, Citi, JPMorgan, Bank of America, BNP Paribas, Bank Mendes Gans, Deutsche Bank, BBVA, Caixa, FXall and 360T

 

Topics covered in this report: 
FX, Hedging FX, Cash Pooling - domestic, Notional Pooling, Funding, Working Capital, Supply Chain Finance, Factoring, Tax, withholding tax, Dividends, Boletos, PIX, Investments
Service providers discussed in this report: 
360T, FXall, BBVA, Bradesco, Itau, JP Morgan, Santander, Bank of America, BNP Paribas, Banco de Brasil, Citi, Bank Mendes Gans, caixa, Deutsche Bank

Please log in, or create a free account, to read the whole report summary.

How MNCs manage Corporate Treasury in Turkey

Report date: 
22 Oct 2025

To read this commentary please Register or Log In.

CXC reports are based on confidential peer discussions between senior corporate treasurers sharing their solutions to complex treasury challenges.

Our commentaries, comprising the key findings from the reports are FREE - simply register to access 150+ commentaries and receive new commentaries direct to your inbox.

Our reports are packed with practical, experience based learning allowing users to benchmark their operations and identify proven, actionable efficiencies - please get in touch for details.

Topics covered in this report include:

  • Turkey’s recent economic conditions and inflation trends
  • Currency depreciation and exchange rate developments
  • Business and regulatory environment in Turkey
  • Tax structure and compliance challenges
  • Funding options and financing practices for companies
  • Use and impact of the Resource Utilisation Support Fund (RUSF)
  • Stamp duty and its implications for loans
  • Inter-company loans and cash management strategies
  • Hedging approaches and accounting under hyperinflation
  • Treatment of interest and foreign exchange transactions
  • Equity funding and capital management in subsidiaries
  • Cash pooling arrangements and restrictions
  • Role of international and local banks in Turkey
  • Bureaucracy and documentation requirements
  • Payment processing and local PSP requirements
  • Overall outlook and long-term confidence in the Turkish market

Banks discussed in this report include: Bank Mendes Gans, JP Morgan, Garanti, TEB, Citi, and ING

 

Topics covered in this report: 
Accounting Measurements, Bank Relationships, Cash Pooling - domestic, Notional Pooling, Funding, Cash Repatriation, Cash Pooling - cross border, Investments, Funding, Working Capital, Tax, PSP, FX, Hedging FX, Inflation
Service providers discussed in this report: 
JP Morgan, BNP Paribas, Bank Mendes Gans, ING, TEB, Garanti BBVA, Citi

Please log in, or create a free account, to read the whole report summary.

Treasury Management in Argentina

Report date: 
1 Oct 2025

To read this commentary please Register or Log In.

CXC reports are based on confidential peer discussions between senior corporate treasurers sharing their solutions to complex treasury challenges.

Our commentaries, comprising the key findings from the reports are FREE - simply register to access 150+ commentaries and receive new commentaries direct to your inbox.

Our reports are packed with practical, experience based learning allowing users to benchmark their operations and identify proven, actionable efficiencies - please get in touch for details.

Topics covered in this report: 
BOPREAL bonds, Cash - deposits, Cash Repatriation, Trapped cash, FX, Hedging FX, Political Risk
Service providers discussed in this report: 
ICBC, BNP Paribas, BBVA, Santander, Citi, JP Morgan, Itau

Please log in, or create a free account, to read the whole report summary.

Corporate Treasury: Approaches to Cash Pooling

Report date: 
17 Sep 2025

To read this commentary please Register or Log In.

CXC reports are based on confidential peer discussions between senior corporate treasurers sharing their solutions to complex treasury challenges.

Our commentaries, comprising the key findings from the reports are FREE - simply register to access 150+ commentaries and receive new commentaries direct to your inbox.

Our reports are packed with practical, experience based learning allowing users to benchmark their operations and identify proven, actionable efficiencies - please get in touch for details.

Topics covered in this report: 
Cash Pooling - cross border, Cash Pooling - domestic, Zero balance accounts, in-house bank, withholding tax, Tax, Notional Pooling, Virtual accounts, POBO/ROBO, Target Balance Account
Service providers discussed in this report: 
Bank Mendes Gans, BNP Paribas, JP Morgan, Deutsche Bank, HSBC, Citi, Bank of America, MUFG, Standard Chartered, Commerzbank, PNC, Bank of Montreal

Please log in, or create a free account, to read the whole report summary.

Banking & Cash Management in Saudi Arabia and the United Arab Emirates

Report date: 
18 Jun 2025

To read this commentary please Register or Log In.

CXC reports are based on confidential peer discussions between senior corporate treasurers sharing their solutions to complex treasury challenges.

Our commentaries, comprising the key findings from the reports are FREE - simply register to access 150+ commentaries and receive new commentaries direct to your inbox.

Our reports are packed with practical, experience based learning allowing users to benchmark their operations and identify proven, actionable efficiencies - please get in touch for details.

Topics covered in this report: 
Bank Accounts, Bank Relationships, Cash - deposits, Cash Pooling - cross border, Cash Pooling - domestic, Cash Repatriation, Local ownership
Service providers discussed in this report: 
JP Morgan, BNP Paribas, HSBC, Standard Chartered, Bank of America

Please log in, or create a free account, to read the whole report summary.

User Experiences with Virtual Bank Accounts

Report date: 
20 May 2025

To read this commentary please Register or Log In.

CXC reports are based on confidential peer discussions between senior corporate treasurers sharing their solutions to complex treasury challenges.

Our commentaries, comprising the key findings from the reports are FREE - simply register to access 150+ commentaries and receive new commentaries direct to your inbox.

Our reports are packed with practical, experience based learning allowing users to benchmark their operations and identify proven, actionable efficiencies - please get in touch for details.

 

Topics covered in this report: 
Virtual accounts, POBO/ROBO, COBO, in-house bank, Cash Pooling - cross border, Cash Pooling - domestic, payroll
Service providers discussed in this report: 
BNP Paribas, Citi, JP Morgan, Wells Fargo, Barclays, HSBC, FIS, Coupa, Blackline, SAP, Deutsche Bank

Please log in, or create a free account, to read the whole report summary.

Corporate Treasury, Banking & FX in India

Report date: 
1 Apr 2025

To read this commentary please Register or Log In.

CXC reports are based on confidential peer discussions between senior corporate treasurers sharing their solutions to complex treasury challenges.

Our commentaries, comprising the key findings from the reports are FREE - simply register to access 150+ commentaries and receive new commentaries direct to your inbox.

Our reports are packed with practical, experience based learning allowing users to benchmark their operations and identify proven, actionable efficiencies - please get in touch for details.

Topics covered in this report: 
FX, Hedging FX, Funding, GiftCity, Bank Relationships, Collections - domestic
Service providers discussed in this report: 
DBS, Citi, JP Morgan, BNP Paribas, HSBC, Deutsche Bank, ICICI, HDFC, State Bank of India, Kotak Mahindra Bank, SWIFT, 360T, Bloomberg

Please log in, or create a free account, to read the whole report summary.

Managing KYC & AML in Corporate Treasury

Report date: 
27 Jan 2025

To read this commentary please Register or Log In.

CXC reports are based on confidential peer discussions between senior corporate treasurers sharing their solutions to complex treasury challenges.

Our commentaries, comprising the key findings from the reports are FREE - simply register to access 150+ commentaries and receive new commentaries direct to your inbox.

Our reports are packed with practical, experience based learning allowing users to benchmark their operations and identify proven, actionable efficiencies - please get in touch for details.

Topics covered in this report: 
KYC, AML
Service providers discussed in this report: 
Citi, Société Générale, ING, BNP Paribas, JP Morgan

Please log in, or create a free account, to read the whole report summary.

Corporate Treasury & FX in Turkey

Report date: 
24 Oct 2024

C

To read this commentary please Register or Log In.

CXC reports are based on confidential peer discussions between senior corporate treasurers sharing their solutions to complex treasury challenges.

Our commentaries, comprising the key findings from the reports are FREE - simply register to access 150+ commentaries and receive new commentaries direct to your inbox.

Our reports are packed with practical, experience based learning allowing users to benchmark their operations and identify proven, actionable efficiencies - please get in touch for details.

Topics covered in this report: 
Funding, Intercompany loans, FX, Hedging FX, Working Capital, Banking, Bank Relationships
Service providers discussed in this report: 
Deutsche Bank, BNP Paribas, Citi, TEB, HSBC, FXall

Please log in, or create a free account, to read the whole report summary.

China Cash Pooling - Approaches & Experiences : Corporate Treasury

Report date: 
8 Jul 2024

This discussion explored the complexities of cash pooling in China, a topic that frequently arises in treasury conversations. While the goal was to clarify the regulatory landscape and operational requirements, the findings reinforced the reality that rules remain open to interpretation and can vary significantly depending on the bank and regulatory body involved.

Peers examined the key distinctions between domestic and cross-border pooling, the regulatory approvals required, and the different approaches banks offer. The discussion also touched on challenges related to tax considerations, currency exposure, and the evolving stance of authorities on approvals and compliance.

Rather than a single, definitive framework, the session highlighted the diversity of experiences and strategies companies use to navigate cash pooling in China. For treasurers managing liquidity across borders, this report provides critical insights into practical considerations, regulatory nuances, and emerging trends. The full version offers further details on bank-specific practices, tax implications, and risk management approaches.

 

Please Login / Register to access the free  commentary - the full report (18 pages) is available to subscribers or  can be purchased separately - enquire here.

 

Topics covered in this report: 
Cash Pooling - cross border, Cash Pooling - domestic, transfer pricing, Bank Relationships, Entrustment loans
Service providers discussed in this report: 
HSBC, JP Morgan, PBOC, SAFE, ICBC, Bank of China, China Construction Bank, Citi, BNP Paribas, Shanghai Pudong Development Bank

Please log in, or create a free account, to read the whole report summary.

Pages