Skip to content
BOL Conferences
Thread Options
#1988674 - 01/14/15 06:25 PM Sweep Accounts
Banker57 Offline
Gold Star
Joined: Jul 2010
Posts: 439
Minnesota
Are we allowed to restrict an automatic transfer out of a sweep account if the transfer would cause the sweep account to fall below the minimum daily required balance?

Return to Top
Deposits and Payments
#1988676 - 01/14/15 06:26 PM Re: Sweep Accounts Banker57
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
That would all be based on your sweep contract/agreement.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top

Moderator:  John Burnett