Episode 109: Why Corporates use PoBo, CoBo & and In-House Banks? With Laurent Geunens

Welcome to the Corporate Treasury 101 podcast! This is the first section of our conversation with Laurent Geunens, about PoBo CoBo. PoBo CoBo are the acronyms standing for “Payments On Behalf Of” and "Collections Of Behalf Of”. Who better than a former Treasury Consultant who has implemented PoBo CoBo structures for clients, to speak about this topic? Laurent was a Manager in the Treasury Practice of a Big 4 consulting firm, and is now the Global Treasury Leader at Punch Powertrain. Needless to say that he is a seasoned Treasury professional with a tremendous amount of knowledge, in particular when it comes to in-house banks, Treasury Systems and PoBo CoBo. In the episode of today, expect to learn:What is PoBoWhat is CoBo, and even RoBo (Receipt of Behalf Of)What are the benefits for corporates to have such a structure? What is an In-House bank?What are current accountsAnd much… much more If you enjoy, please consider leaving us a review on your favorite podcast ap! This is the best way to support us, is completely free, takes only 2 seconds and makes Hussam and I very happy indeed. Last note before diving into our fascinating conversation with Laurent, we are now on Linkedin! If you would like to reach out, suggest a topic, ask a question, or simply say hi, we would be happy to have you! Just look for Corporate Treasury 101, that is us ;) Links & references:Laurent Geunens on Linkedin: https://www.linkedin.com/in/laurentgeunens/Punch Powertrain: https://punchpowertrain.com/___________________________Learn the fundamentals of corporate treasury by downloading your FREE copy of the Corporate Treasury eBook Here!Connect with us on LinkedIn: https://www.linkedin.com/company/corporate-treasury-101/If you have any questions or topics you want us to tackle in the future, reach out to us on Instagram or email us at [email protected]