Earn more interest on your company’s funds with Sweep Arrangement Services. If there are times when you have excess collected funds in a checking account that doesn’t earn interest, we can help you maximize your earnings. Our Sweep Arrangement Services electronically and automatically move extra funds from your checking account to an interest-earning investment account. If your account activity changes and you need that money in your checking account – the funds are simply moved back. Sweep Arrangement Services are an easy, flexible way to earn interest on more of your company’s money.
What do Sweep Arrangement Services do for my company?
- Manage your company’s cash flow
- Maximize interest income through electronic float management
- Earn interest on your company’s working funds
- Eliminate the need to keep idle cash in a non-interest earning account
How does that help with day-to-day operations?
- Saves time and resources by removing the need to manually transfer funds
- Maintains financial flexibility
- Reduces clerical costs