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Wednesday, April 7, 2010

HYBRID DEPOSITS


Auto-Sweep: Amount in excess of threshold limit is automatically transferred from SB Nc to FDw
r----- ---~
Sweep-In: Shorfall in SB or current account is made up from FD Nc
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I Sweep-In: Shorfall in SB or current account is made up from FD~C
Sweep-In: Shorfall in SB or current account is made up from FD Nc
Sweep-In: SB/current account is linked with FD to meet any shortfall
Auto Sweep: Excess funds in SBI current a/c are converted into FD Reverse Sweep: Amount from FD is moved to SB/current a/c
Withdrawal Facility: Available to the extent of combined balance in SBI current account and FDs
Auto Sweep: Excess funds in SB Nc are converted into FD
Sweep-In: Funds are automatically moved from FDs to the linked SB or current a/c

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