Sweep account: Difference between revisions
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A bank account that automatically transfers excess balances into an overnight interest-earning investment with the same bank. | A bank account that automatically transfers excess balances into an overnight interest-earning investment with the same bank. | ||
== See also == | == See also == | ||
* [[Account]] | |||
* [[Cash concentration]] | * [[Cash concentration]] | ||
* [[Pooling]] | * [[Pooling]] | ||
* [[Sweep]] | * [[Sweep]] | ||
* [[Target balancing]] | * [[Target balancing]] | ||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] |
Latest revision as of 14:30, 6 July 2022
A bank account that automatically transfers excess balances into an overnight interest-earning investment with the same bank.