Sweeps

This is a family of money market mutual funds used to invest excess funds at highly-competitive rates.

Generate a greater return on invested funds with Sovereign's Automated Eurodollar Sweep service. Funds above a pre-determined target amount are automatically swept overnight from your company's operating account into an offshore “Eurodollar” investment account.

Maximize short-term investment opportunities by earning a competitive return on your excess balances.

Manage debt and prevent unnecessary interest charges by automatically applying excess cash to your Sovereign Line of Credit each business night.