Business Money Market Sweep
Designed for businesses that have excess cash, and have limited sweep transactions from money market to checking.
Account Details
Minimum Opening Deposit
$250,000
Monthly Maintenance Fee
$25
Withdrawals
Transaction limits apply. Make up to six withdrawals and transfers each month without a withdrawal fee.[cite::79::cite]
Account Features & Benefits
The following services are included every month:
- A primary business checking account (any type) is required to open a Business Money Market Sweep account[cite::88::cite]
- Variable rate, compounded daily,[cite::86::cite] paid monthly
- Conduct up to six transfers (sweeps) out of the account per month at no charge[cite::79::cite]
- Call our U.S.-based customer service 7 days a week
- Go paperless with eStatements, eNotices, and eTax Documents[cite::75::cite]