Automated Sweep Services

Maximize Cash Flow Efficiency

Optimize your cash flow with automated sweep services, saving time and preventing overdrafts.

Talk to a Deposit Specialist Benefits

or call us at 877-487-2977

Fully Insured Deposits

Innovative Solutions

Trusted Advisor & Partner

Simple. Automated. Efficient.

At BankProv, we make managing your business finances seamless with our automated sweep account options—designed to help you optimize cash flow, reduce overdrafts, and keep your accounts balanced effortlessly. All sweep services are handled by our Cash Management Team, ensuring smooth operations and financial flexibility for your business.

Flexible Sweep Options to Fit Your Business Needs

- Two-Way Sweep – Automatically transfers funds between like-titled business accounts to maintain a target balance.
- Zero Balance Account (ZBA) Sweep – Automatically resets your account balance to $0.00 every night, ensuring efficient fund distribution across multiple accounts.
- Peg Balance Account Sweep (Deposit Only) – Transfers only the amount needed to restore your account to its designated balance.
- Loan Sweep Service – Ensures your account always has enough funds to cover payments, reducing interest costs and improving cash flow management.

Benefits of Automated Sweeps Accounts

- Optimize Cash Flow – Automatically allocate excess funds for maximum efficiency.
- Maintain Control – Ensure cash is accessible when needed.
- Maximize Interest & Minimize Fees – Reduce idle balances and avoid overdrafts.
- Enhance Visibility – Gain real-time insights into all accounts.
- Save Time & Costs – Streamline cash management and improve efficiency.
- Eliminate Borrowing Guesswork – Automate advances and paydowns.
- Reduce Interest Expenses – Borrow only when necessary and pay down debt automatically.

Manage Your Finances with Ease & Confidence

Discover a full suite of cash management tools designed to streamline and optimize your business’s financial flow. Explore how we can help keep your business moving forward.

Learn More About All Our Cash Management Services

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Sweep Services FAQs

Specify a target balance, if desired, for your primary checking account. At the close of each business day, the bank will automatically cash position your checking account to include the stated target balance. Available funds are drawn against the line of credit to cover any shortfalls. Conversely, excess funds from the checking account are used to pay down any balance owed on the line of credit.

Yes, during implementation you will specify a target balance. After all deposits, checks and other debits and credits post to your account, available funds above the target balance and less than the maximum investment amount will automatically sweep.