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Q:

What is a sweeping / topping transaction?

A:

Sweeping transactions are used to transfer cash away from accounts with credit balances. Topping transactions are used to transfer cash into accounts with debit balances.

Sweeping and topping transactions facilitate efficient cash management by maximising credit interest and minimising debit interest. They can be automatically generated by Global Liquidity or created by users in your organisation as ad-hoc transactions.

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