Moving money

Best option

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we have a client with two companies, company A has a large cash balance, company B has limited funds

the client wants to move moneyfrom co A to B, they dont want to take it out as dividends and introduce to B

what are the best options for doing this?

Replies (7)

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By Duggimon
15th Nov 2017 14:24

Homing pigeon? They can't carry a lot at once but they could make multiple trips, they're very hardy.

I suspect the term you're looking for is "loan". After all, if company B isn't likely to be at a point where they could repay it in the future then why put the money in?

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By User deleted
15th Nov 2017 15:21
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By Ruddles
15th Nov 2017 15:54

How far apart are the companies? If the cash is in notes and B is close by, you could probably just carry it in a suitcase. If you're talking about coins and/or over a long distance you'll probably need some form of transport.

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By Accountant A
15th Nov 2017 15:57

Why post as Anonymous?

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Replying to Accountant A:
By Ruddles
15th Nov 2017 16:05

Come on now - if we know who the poster is, we can work out who the client is and then ambush them as they transport the cash :)

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Red Leader
By Red Leader
15th Nov 2017 16:14

un-b100dy-believable

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By CoastalAcc
16th Nov 2017 15:06

I was going to say, loan at commercial rates...

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