treasury-services

Vocabulary Word

Definition

'Treasury services' are a set of services that banks offer to businesses or government to handle their money. These services can include things like processing transactions, managing cash flow, and helping with various financial tasks.

Examples in Different Contexts

In banking, treasury services refer to a suite of services provided to businesses for managing their daily financial operations and liquidity. A bank executive might describe, 'Our treasury services include cash management, payment processing, and risk management solutions tailored to corporate clients.'

Practice Scenarios

Accounting

Scenario:

We need to manage our and our clients' money more effectively. What opportunities do you see?

Response:

We can strengthen our liquidity management. Utilizing treasury services would free up some of our resources.

Public-Policy

Scenario:

Our public finance management needs modernization. How could we increase the efficiency and transparency of our operations?

Response:

Adopting a robust treasury-services framework can highly improve the transparency and efficiency of our financial management.