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Is Changsha Bank Wang Chang Cash Management a Fund?
Not only funds, but also cash management institutions must provide a variety of cash management services.

Cash management refers to cash management in a narrow sense, that is, to manage the cash of enterprises (cash on hand, bank deposits, bank draft deposits, bank promissory notes deposits, letter of credit deposits, monetary funds in transit, etc.). ), its main contents include:

1. Make a cash plan and reasonably estimate the future cash demand;

2. Control the daily cash receipts and payments, and strive to speed up the collection and delay the payment;

3. Determine the ideal cash balance by a specific method. When the actual cash balance of the enterprise is inconsistent with the ideal cash balance, short-term financing strategy or repayment of loans, investment in securities and other strategies are adopted to achieve the ideal situation.