Our Automated Eurodollar Sweep deposits funds in overnight Eurodollar time deposit accounts with our Cayman Islands branch.

These deposits represent obligations of Sovereign to repay the next business day, and are returned with earnings.

The minimum investment for the Automated Eurodollar Sweep is $20,000.

Non-Deposit investment products are NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE

Should your liquidity needs change, both Automated Eurodollar Sweep and Automated Repo Sweep services can be linked with our Automated Loan Sweep to automatically reduce borrowing balances and interest expenses.