A sweep investment, or sweep investment account, is a secondary bank account or type of sweep account that offers additional investment options on idle funds in a primary cash or checking account. == How it Works == At the end of each business day, the bank automatically scans and determines what funds in the person's account are idle.
A sweep investment, or sweep investment account, is a secondary bank account or type of sweep account that offers additional investment options on idle funds in a primary cash or checking account. == How it Works == At the end of each business day, the bank automatically scans and determines what funds in the person's account are idle.
Source: Wikipedia "Sweep investment" · CC BY-SA 4.0
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