Cash management module

Payments

Practically all Swiss banks can be connected to magnet™ via the EBICS module. Depending on the financial institution, mass and individual payments (pain.001, XML pain.001, SWIFT MT10x etc.) can be transmitted and account statements (camt.052, camt.053, MT940/MT942), ESR/BESR files (camt.054), various protocols / electronic documents etc. can be downloaded (also automatically, see RPA).
Likewise, most banks in Germany, Austria, France and Italy can be connected via the EBICS module. Other European countries are currently being implemented.

Banks that cannot be connected directly can either be connected to magnet using one of the following options:

  • Data suppliers (such as Fides or TIS GmbH)
  • Multibanking solution (by UBS, ZKB, Commerzbank etc.)
  • Direct SWIFT connections

Automatic disposition

With the AutoDisposition (equivalent to the “Zero Balancing” of the big banks), an automatic account disposition can be made extremely cost-effectively. This also includes management functions to prevent negative interest rates.

Liquidity management

Liquidity management includes reports and functions regarding liquidity status, limit management and a liquidity preview with graphics, etc.).

Video Cash management module‘

  • Cash management / payments
  • Liquidity management