Sweep Repurchase Agreement

Publicado el

Many banks and financial institutions offer a sweep account service for individuals and small entrepreneurs. For the most part, the funds are only unsecured liabilities of the bank and therefore receive the highest interest rate offered by the Bank for overnight loans. If the first calculations are done correctly, the interest rates on cash and investment returns should generate a return high enough to increase the total value of the sweep account. MMA Cash Sweep insurance is very similar to cash sweep accounts, the difference being that funds are held in money market accounts with a large number of banks. There is a limit of six withdrawals per month. You have worked hard to get to where you are today. Consider one of our many investment opportunities so that your money can work for you. Whether you have short- or long-term investment goals, we can help you achieve them together. .