The banking and cashflow management policy explains how NHS Essex manages its bank accounts, cash balances and financial transactions.
The policy helps make sure enough money is available to pay for health services and that public funds are managed safely and efficiently.
For more information, read the full policy by downloading the accessible Word document at the end of the page.
Who the policy applies to
This policy applies to:
- NHS Essex staff
- contractors working on behalf of NHS Essex
- partner organisations working on behalf of NHS Essex
Why this policy is important
The banking and cashflow management policy helps NHS Essex to:
- manage public money safely
- ensure bills and suppliers are paid on time
- maintain accurate financial records
- forecast future spending needs
- meet NHS financial requirements
How cash is managed
NHS Essex receives funding from NHS England and uses this money to pay for healthcare services and organisational costs.
The organisation monitors cash levels throughout the year to ensure it can meet its financial commitments.
Regular checks and forecasts help ensure money is available when it is needed.
Roles and responsibilities
Finance teams monitor cash levels, banking arrangements and financial forecasts.
Managers and budget holders support this process by providing information about planned spending and income.
Policy review
This policy was approved on 1 April 2026 and is due for review in April 2028.
For more information, read the full policy by downloading the accessible Word document below.