Finance English
Banking

स्वीप खाता क्या है?

स्वीप खाता A bank account that automatically transfers (sweeps) amounts above or below a certain threshold into a higher interest-bearing investment or to cover shortfalls, optimizing liquidity and returns for account holders.

Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

How is “स्वीप खाता” Used in Practice?

कंपनियाँ स्वचालित स्वीप खातों से अधिशेष धनराशि को प्रतिदिन उच्च ब्याज खाते में भेजती हैं।

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

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Frequently Asked Questions

स्वीप खाता क्या है?

A bank account that automatically transfers (sweeps) amounts above or below a certain threshold into a higher interest-bearing investment or to cover shortfalls, optimizing liquidity and returns for account holders.

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