Investment and Loan Sweeps
Investment sweeps transfer end-of-day excess balances from the operating account into overnight money market instruments. The funds earn interest at the prevailing overnight rate and return to the operating account the following morning before the first transaction posts. Loan sweeps work in reverse from an interest perspective — excess cash is applied to outstanding draws on a revolving credit facility, reducing the daily interest charge on borrowed funds. When the operating account needs cash, the sweep reverses and draws back from the credit facility. Both sweep types execute automatically based on parameters set in the treasury module. Priority ordering determines which sweep executes first when multiple types are configured on the same account.

