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Allfunds Bank, the leading B2B fund platform in Europe, has increased efficiency with its rebate payment schedule and has digitalised its full management. Allfunds has now moved from a 60-day cycle after quarter-end to a standard 30-45 day period.
This is now available to all clients based on their preferred payment schedule. Allfunds decision to boost the payment schedule was driven by current market conditions, market positioning and the desire to establish a standard payment policy in the market.
Rebate payments will be made on the last business day of the month after quarter-end in the case of a 30-day payment period or mid-month in the case of a 45-day payment period, improving and matching best standards in the market. Allfunds pays and collects...
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