Sweep Accounts
Smart cash flow management – automated and optimized.
What is a Sweep Account?
A Sweep Account is a business banking tool that automatically transfers funds between accounts to maintain a target balance. Whether you’re protecting against overdrafts or maximizing interest earnings, Sweep Accounts help streamline your daily cash flow.
Here’s how it works
- Set a Target Balance – You choose a daily minimum or maximum.
- Automated Transfers – Funds are “swept” to or from linked accounts to meet your target.
- Flexible Setup – Sweep to/from deposit accounts, reserve accounts, or lines of credit.
This eliminates the need for physical deposits, reducing processing time and accelerating funds availability.
Benefits for your Business
Better manage cash flow
Reduce overdraft fees
Maximize earned interest
Pay down loans or credit lines faster
Save time on manual transfers
Get Started with Sweep Accounts
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