How it works
- Your business checking account is linked to a Smart Sweep account
- You set a target balance for the checking account
- Funds in excess of the target amount are automatically transferred to the Smart Sweep account
- If the checking account balance falls below the target balance, funds from the Smart Sweep account are automatically transferred over to reestablish the balance
- Interest is compounded daily and credited to the Smart Sweep account monthly
- Funds invested in the Smart Sweep solution have standard FDIC coverage
- Automation saves time and eliminates the need to make daily investment decisions
- Unlimited transfers for any dollar amount to and from the Smart Sweep account
- Fees can be reduced or offset by maintaining a target balance in the checking account
- Protects you from fraud by only allowing transactions that move funds to and from the checking account
Maximize the strengths of your company with solutions and suggestions to improve your financial operations.
Choose a payment processing option that suits your company today and as it grows.
Whether you need short-term financing or solutions that put account surpluses to work for you, we can customize a product bundle for your business to make accessing your money and managing your accounts easier.
Optimize your company's liquidity, make sound investments for the future and reduce your financial risks with an array of treasury management options.