The Cash Management Agreement is a fundamental document used to establish and govern the relationship between financial institutions and their corporate clients in Canada for treasury and banking services. This agreement is essential when organizations require sophisticated cash management solutions, including account structures, payment processing, electronic banking, and reporting services. It is particularly relevant for businesses operating under Canadian jurisdiction that need to optimize their working capital, automate treasury operations, and maintain efficient banking relationships. The agreement encompasses compliance with Canadian banking regulations, including the Bank Act and anti-money laundering legislation, while providing flexibility to accommodate specific client needs and technological requirements. It serves as the master agreement for all cash management services, defining rights, responsibilities, and operational procedures for both parties.

1. Parties: Identification of the financial institution and the client, including their full legal names and addresses

2. Background: Context of the agreement, establishing the client's need for cash management services and the bank's capacity to provide them

3. Definitions: Key terms used throughout the agreement, including banking, technical, and service-specific terminology

4. Scope of Services: Overview of cash management services to be provided by the bank

5. Account Structure: Details of the account setup, including master accounts, sub-accounts, and their relationships

6. Authorization and Access: Provisions regarding authorized personnel, access rights, and security procedures

7. Service Requirements: Specific requirements for each service, including cut-off times, processing schedules, and operational procedures

8. Fees and Charges: Fee structure, payment terms, and billing procedures

9. Security and Controls: Security measures, fraud prevention, and internal control requirements

10. Representations and Warranties: Standard representations and warranties from both parties

11. Liability and Indemnification: Allocation of risks and responsibilities between parties

12. Confidentiality: Protection of confidential information and data privacy requirements

13. Term and Termination: Duration of the agreement and termination provisions

14. General Provisions: Standard legal provisions including governing law, notices, assignment, and amendments