CASH SWEEP OPTIONS

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Cash Management Made Easy

At PlainsCapital Bank, we know your time is valuable. We’ve designed our Cash Sweep Options with that in mind.

From simple Overdraft Protection or Zero Balance Accounts to complex Two-Way Credit and Investment Sweep Services, we have a variety of products that take the guesswork out of managing your cash position on a daily basis, helping you maximize the return on your working capital.

Zero Balance Accounts

Maximize the return on your excess cash and simplify your bookkeeping with PlainsCapital Bank’s Zero Balance Account (ZBA) services. Zero Balance Accounts allow you to keep the maximum amount of cash in your highest interest-bearing account (your “master” account) at all times. All deposits are swept into this master account daily, and funds are transferred to disbursement accounts in the exact sums needed to cover outgoing payments.

Credit Sweep Services1

Manage your revolving loan with our Credit Sweep Services. Take the guesswork out of your paydowns and advances by making these transactions occur automatically based on available cash thresholds.

Investment Sweep Services2

Make the most of your excess deposits by automatically investing in one of several interest-bearing sweep options:

  • DDA Sweep
  • Insured Deposit Sweep
  • Mutual Fund Sweep

Two-Way Sweep Services

If your business is highly cyclical, consider our Two-Way Sweep Service. It combines an Investment Sweep and Credit Sweep to maximize the return on your working capital. With this service you can:

  • Pay down your higher-rate loan first when excess funds are available
  • Withdraw money from your lower-rate investment account first when funds are needed

1Some loans may not qualify. Contact your Account Officer or Treasury Management Officer for availability.

2Contact PlainsCapital Treasury Management services at 214.252.4005 for more information on availability, pricing, and rates. Not all sweep options are available at all times. Mutual fund options are not bank deposits, carry no FDIC Insurance, and are subject to market risk.

Contact Us Today

Contact us to learn more about how you can take advantage of our cash sweep options.

Other Treasury Management Solutions

Business Online Services

Your business' banking control center, with all of the cash flow tools you need to run your business day-to-day.

Fraud Protection

Keep your money safe with automated fraud detection and instant alerts for suspicious activity.

Receivables

Receive payments faster, more efficiently, and with less hassle – and save money in the process.

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