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Banking

บัญชีสวีป

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.

Quick answer: 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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Quick answer

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.

Why it matters

บัญชีสวีป matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Editorial context

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Questions and answers

Questions and answers

What is บัญชีสวีป?

In this glossary, บัญชีสวีป refers to: 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.

How is บัญชีสวีป used in finance?

In finance communication, this term appears in contexts such as: "องค์กรใช้บัญชีสวีปโอนเงินส่วนเกินไปยังกองทุนตลาดเงินโดยอัตโนมัติ"

Why does บัญชีสวีป matter in finance?

บัญชีสวีป matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Who uses บัญชีสวีป?

บัญชีสวีป is mainly used by Financial Analysts, Bankers, and Traders.

What category does บัญชีสวีป belong to?

In this glossary, บัญชีสวีป is grouped under Banking. Related pages in this category explain adjacent procedures, commands and operational concepts.

Where does this definition come from?

This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.

Definition

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.

Operational example

Corporations use sweep accounts to maximize daily interest by automatically transferring surplus cash into money market funds each night.

Localized term

บัญชีสวีป

Localized example

องค์กรใช้บัญชีสวีปโอนเงินส่วนเกินไปยังกองทุนตลาดเงินโดยอัตโนมัติ

Definition language

English reference definition

Source

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

Category

Banking

Exam relevance

  • CFA
  • ACCA
  • FRM

Target audience

  • Financial Analysts
  • Bankers
  • Traders

Related terms

Use the related links below to continue through connected finance terminology.

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