Sweeping
Sweeping allows funds to be pooled into one specified account at an agreed frequency.
Transmission frequencies:
- once a day
- once a week
- once a month
Sweeping options:
- Zero-balancing - all the money in the account is transferred to the target account.
- Target-balancing - an amount exceeding the agreed minimum balance is transferred to the target account.
In both cases, it is possible to set a limit on the minimum transferable amount.
Sweeping transfer can be made both as a SEPA and as an international payment.