The Netting function allows you to group together transactions from the Money Market, Foreign Exchange and Derivatives areas and to pay them collectively. Situations can arise where several transactions are to be paid collectively; this happens especially in the case of transactions with business partners that are not house banks, that is payments need to be exchanged.

• Fixed-term deposit investment in DEM and fixed-term deposit borrowing in DEM
• You balance the open payment amounts and only pay or receive the net amounts
• Advantage: Saving of transaction costs or bank charges

To do this, you can group transactions to form "Netting transactions".

The Proposal List for Netting report program supports the selection of transactions that can be netted according to the criteria you select. You can process and execute the netting transaction directly from the report. Assigning individual transactions to netting transactions triggers the generation of payment requests that are grouped into one Grouping key and are processed collectively in the enhanced payment program (if required without posting to a customer account). This grouping key controls which payment requests will be separated from others. All the payment flows or their requests involved in the same netting transaction are assigned the same unique grouping key and are, therefore, separated from the other payment requests. They should not be grouped together with other requests. You cannot make retrospective changes to netting-relevant data in the individual transactions (especially due dates, amounts, house bank and payment data). A transaction linked to a netting transaction is shown as such when processed.