Account Sweep
Account sweep is a financial service that automatically transfers funds between different accounts to maximise the use of available funds and minimise idle cash balances. It can also be used to pay down outstanding balances on lines of credit or loans. Account sweeps can be performed on a daily, weekly, or monthly basis, depending on the needs and preferences of the account holder.
-
Initiate a new sweep transaction for a specific account
-
Initiate a new sweep transaction for a specific account
Create Twoway Sweep
POSTInitiate a new sweep transaction for a specific account
Update Sweep
PUTUpdates an existing sweep transaction for specific account
Approve Sweep
PUTApproves a sweep transaction for specific account
Delete Sweep
DELETERemove an existing sweep transaction for specific account
-
Retrieves the list of account links for a sweep to occur.
-
Retrieves the details of specific sweep transaction
Statement Frequency
Banks generate account statements to notify the customers about the account's activity at defined intervals.
-
Update the statement frequency of an account.
-
Retrieves the statement frequency of an account