Corporate Treasury Solutions: Sweep Accounts

Efficient cash management is essential for large corporations seeking to optimize liquidity, enhance returns, and streamline financial operations. Our Sweep Account solutions provide a sophisticated, automated approach to managing your excess cash, giving your organization the tools to optimize every dollar.

Liquidity Management

  • Automatically transfer surplus funds between your primary operating account and designated investment or loan accounts.
  • Maintain precise target balances to ensure optimal cash flow for daily operations.

Investment Optimization

  • Maximize returns on idle funds by automatically sweeping excess balances into high-yield investment accounts.
  • Access a range of investment options tailored to meet your company’s risk tolerance and liquidity needs.

Loan Management

  • Minimize interest expenses by automatically applying excess funds to reduce outstanding loan balances.
  • Gain flexibility in managing debt repayment while ensuring sufficient liquidity.

Zero Balance Account (ZBA) Integration

  • Automatically consolidate balances from multiple subsidiary or departmental accounts into a single master account.
  • Simplify cash forecasting and improve visibility across your enterprise.

Customizable Sweep Structures

  • Choose from flexible sweep configurations, including target balance, threshold, and dynamic sweep options.
  • Tailor solutions to align with your company’s unique cash flow patterns and treasury objectives.

Benefits for Your Organization

Enhanced Efficiency

  • Reduce manual intervention and administrative burdens with automated cash movement.
  • Streamline account reconciliation and reporting for better financial oversight.

Optimized Cash Utilization

  • Ensure that every dollar is working to support your organization’s financial strategy.
  • Reduce idle balances while maintaining sufficient liquidity for operational needs.

Improved Financial Control

  • Gain greater visibility and control over corporate cash flows.
  • Customize sweep parameters to align with your liquidity management strategy.

Cost Savings

  • Lower interest expenses by efficiently managing loan balances.
  • Maximize investment returns by leveraging surplus cash.

Seamless Treasury Integration

Our Sweep Account solutions are fully integrated with our comprehensive treasury management platform, providing you with:

  • Real-Time Reporting: Gain instant visibility into account balances and sweep transactions.
  • Secure Online Access: Manage and monitor your cash management activities through our secure online banking platform.
  • Expert Support: Work with a dedicated Treasury Management Officer to design and implement the optimal sweep strategy for your business.

Partner with Us for Advanced Cash Management

Ensure your organization’s cash is always working to its full potential. Contact your Treasury Management Officer today to explore how Sweep Accounts can elevate your corporate cash management strategy. You can also reach us at (866) 236-8744.