BB&T Sweep Advantage automatically invests idle funds in higher yielding deposits. Your BB&T business checking account is linked to a Money Rate Savings Account. Each night, any funds over your chosen balance are automatically swept into your choice of investments.
How it works
BB&T offers two investment options.
Master Note Basic
Master Note Standard
Repurchase Agreement (Repo)
We will work with you to establish target balances in your business checking account that maintain sufficient balance levels to cover normal transaction volume and any service fees.