Case of M&A - Group Entity Sold (with & without TSA)
Bank accounts are not closed but transferred to another Group, outside of Solvay perimeter.
The account should be deactivated in our systems (AODOCS, Quantum) and disconnected from our existing external services (Bank connectivity, EBS, Cash Pooling).
Attention, if there is a TSA, the G/L bank account should not be deactivated in the corresponding SAP system. It will still be operated by the team in charge of performing TSA activities.