A sweep account is actually a combination of two or more accounts at a bank or financial institution. It is useful in managing a steady cash flow between a cash account used to make scheduled payments, and an investment account where the cash is able to accrue a higher return.
Many banks and financial institutions offer a sweep account service for personal customers and small business owners. It has also become part of the arsenal of services offered by credit card companies.
http://en.wikipedia.org/wiki/Sweep_account
Και ερωτώ: ιδέες κανείς ή να τραβήξω τα μαλλιά μου; Κι αυτός ο κόμητας πού χάθηκε;
Many banks and financial institutions offer a sweep account service for personal customers and small business owners. It has also become part of the arsenal of services offered by credit card companies.
http://en.wikipedia.org/wiki/Sweep_account
Και ερωτώ: ιδέες κανείς ή να τραβήξω τα μαλλιά μου; Κι αυτός ο κόμητας πού χάθηκε;
