PRODUCT PURPOSE
This service enables a customer means by which one can manage the liquidity or movement of funds across accounts based on defined preconditions. These services allow a bank account to automatically transfers amounts that exceed, or fall short of, a certain level into another account at intervals or frequencies defined by the customer.
PRODUCT FEATURES
- Account Sweep types; Normal Account Sweeps, Cash Pooling Sweeps, National Sweeps
Channels that Support these transactions are;
- Branch/Agency
- Internet Banking (Corporate)
BENEFITS
- Reliable service for managing regular payments over periodic intervals