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By conducting a cash sweep companies can reduce their outstanding debt using cash that would otherwise sit idle in their account. A regular sweep account is a type of account where money automatically sweeps into the account when it is not in use rather than letting it sit in cash.

The background graphic shows a row of slots like youd find at a live casino in a neon blue. The best sweep account rates chosen by brokerages by default as of Aug. A sweep account is a bank account that automatically transfers amounts that exceed or fall short of a certain level into a higher interest-earning investment option at the close.

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9 topped 2 while. A sweep account is a bank account that automatically transfers amounts that exceed or fall short of a certain level into a higher interest-earning investment option at the close. Latest Sabah 88 4D STC Cash sweep Live Results. By conducting a cash sweep companies can reduce their outstanding debt using cash that would otherwise sit idle in their account.