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Sovereign Bank
Cash Management: Disbursement & Reconcilement, Collections, Payroll Services, Insurance, Sovereign Benefits ConsultingInformation Reporting: Interactive Reporting and Initiation Services, eStatements, Fax Notification, CD-ROM Check Imaging, Electronic Data Interchange, Data ExchangeLoans & Investments: Investment Accounts, Wealth Management, Employee Pension Plan, Sweep Services, LendingCapital Markets: Investment Sales & Trading, Interest Rate Derivatives, Government Note Financing
Investment Accounts   |   Wealth Management   |   Employee Pension   |   Sweeps   |   Lending

Sweep Services

Sweep Services For Government and Institutions
Sovereign offers a variety of overnight investment services in which funds are swept out at the end of each day and invested.

Mutual Funds Sweep

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

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 institution's operating account into an offshore "Eurodollar" investment account.
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Automated Repo Sweep

Maximize short-term investment opportunities by earning a competitive return on your excess balances.
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Access Your Accounts
Next Steps
Call 877.506.9352
to speak with an
Institutional Banking 
Representative
Send an email and we will contact you within 24 hours
How May We Help You?
Earn Interest on Account Balances
Receive highly competitive rates with limited transaction activity.
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Effectively Plan For Your Financial Future
Maximize short- and long-term investment goals.
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