Previous Next JavaScript must be enabled to correctly display this content

## 2.10 Additional Sweep Parameters

This topic provides the information about the Additional Sweep Parameters.

- Minimum Sweep Amount: The system allows to specify a minimum amount for sweep. If the sweep amount calculated by the system is less than the minimum amount, then the sweep from the child-account to the parent account does not take place.
- Maximum Sweep Amount: The system allows to specify a maximum amount for sweep. If the sweep amount calculated by the system is greater than the maximum amount, only the maximum amount is transferred from the child-account to the parent account.
- Minimum Deficit Sweep Amount: The system allows to specify a minimum amount for deficit sweep. If the deficit sweep amount arrived by the system is less than the minimum deficit sweep amount, then the sweep from the parent account to the child-account does not take place.
- Maximum Deficit Sweep Amount: The system allows to specify a maximum amount for deficit sweep. If the sweep amount arrived by the system is greater than the maximum deficit sweep amount, only the maximum deficit sweep amount is transferred from the child-account to the parent account.
- Sweep Multiple: The system allows to specify a sweep multiple. The amount from child-accounts are swept at a pegged multiple.

  The sweeps can be executed from child account to parent account in terms of the defined multiple. Once a sweep multiple is set at an account pair, the amount from child-accounts is always swept at a pegged multiple.

Example 2-1

Available amount in account: 900 USD

Target Balance: 100 USD

Sweep Multiple: 250 USD

Amount arrived by the system for Sweep = 800

After applying the Sweep Multiple, the final Sweep amount arrived by system = 750 USD

Note:

1. Deficit Sweep: Balance transfers from the parent account to the child-account when the child-account is in debit balance.
2. Currently Partial Sweep Allowed flag is hidden from the front end and is always be checked by default. Users are not provided an option to uncheck the same.

Parent topic: Cash Concentration Methods