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Concentration Banks
(redirected from Concentration Bank)

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Concentration Banks
A small number of large banks a firm contracts with to periodically collect the firm's deposit balances from a group of smaller banks.
Concentration Banks
A small group of large banks that a firm periodically asks to collect its deposits from a larger group of smaller banks.
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The company uses one disbursement bank, Bank of America, which is also its concentration bank and the lead bank in its revolvers.
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The challenges to integration are well known - the proliferation of EBPP channels, the application of new technologies to traditional lockbox operations, and the growing sophistication of the systems and platforms that connect companies and their concentration banks.
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