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Automatic
Sweep Transfer
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Your Valet Account money market funds
are supported by an automatic sweep feature so that all
cash balances are swept into your money market account
at the end of each day. Your cash continues to seek money
market interest every day. Each new account enjoys this
sweep benefit.
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When sale proceeds, dividends, interest
or other income is credited to your brokerage account,
funds are automatically swept into your money market account.
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Shares of your money market fund will
be automatically transferred to your brokerage account
when money is needed to settle a security purchase or
other brokerage transaction.
Additional
Valet & Banking Services...
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