FAQs

Likwidity provides a platform that fully automates price discovery on cash with your banks. This means that by simply clicking a button, you can get interest rate quotes from up to 20 banks (your own existing banks) in a fraction of the time. You get to decide. To ensure good bank relationships, all banks are notified on your selection, and the notifications are fully automated and workflow driven. On average, our clients benefit by 0.52% improved rates

Very simply. We have no intermediary or fee arrangement in place with any banks and we do not earn any commissions or rebates from any banks

In addition to ensuring you get the best rates available as we mentioned, you also get improved business process automation, a full audit trail of all dealings, improved compliance and reporting. According to our data, our Clients have seen an average benefit of 43 basis points when transacting deposits over $2,000,000

Only your existing banks are setup and you retain full control over which banks you choose to invite or not. So this is entirely in each clients control. Some banks will quote on new client opportunities but these can only be acted upon once bank relationships are put in place.

That means you can see the benefit of using a platform. Likwidity can take the advantages of using a Deposit Platform further. Unlike our competitors, we do not get paid any commissions by any of the Banks we deal with. We have no conflicts of interest when it comes to which Bank you choose to place your funds with. We endeavour to get you the best rates available. Every time. Even after accounting for our nominal fee, you could see a benefit of up to 50% Unlike commission taking competitors, you are not limited to just dealing with the Banks on “our panel”. Being a technology platform, we enable you to transact with any Bank that you have a relationship with. Unlike some of our competitors, we do not get involved in moving any of your funds thus removing any settlement risks or potentials for delay

If you have average balances of less than $1m, then it may not be worthwhile. But above that amount, it's worthwhile. The higher the balances, the more you stand to gain. Our data shows spreads between the Big-4 of 43 basis points. The spreads are even higher when you take international, mid-tier and smaller Banks into the mix. See our benefit calculator

Commission based platforms typically charge anywhere between 5-20 basis points per transaction in commissions. Additionally, different Banks pay different commissions making it hard to decipher what the true rate you could have received. This is never disclosed to you - the end Client. Finally, commission-based platforms will only allow you to deal with Banks that are on their “panel”. Likwidity, being a technology provider rather than a Broker allows you to deal with any Bank you want.

This is hard to do due to the bespoke nature of the quoting process where Banks might price differently depending on your Industry, Credit Rating, Balance Sheet etc

We can only talk in generalities at this stage due to the limited data and the bespoke nature of the quoting process. Quotes depend on a number Client specific factors which may not be transposable to your organisation or scenario

Pricing for cash funds is largely relationship driven at the corporate level. This means most banks will have a bespoke arrangement based on the client profile. This also means that your relationship manager will be the conduit for price discovery. Using a data terminal will eliminate the opportunity for your relationship manager to be involved as the rates will be largely anonymous and market driven.