Good afternoon , welcome to IBA . How can I be of service ?
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user
I'd like to talk to somebody about the Group Account Deposit Service .
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assistant
This refers to the deposit business offered to the level 1 account of group companies .
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user
What is it used for ? I mean , why bother to get this special account ?
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assistant
Group companies can use this to make their arrangement of funds flexible , when dealing with their subsidiaries .
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user
I see , so this can really cut down on time and centralise management . Interesting ...
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assistant