An automated sweep is similar to a special instruction. The only difference is that the banking system automatically transfers funds between the participating accounts and the concentration account at the time and frequency specified by the Client.

FNB’s cash sweeping solution gives you the ability to perform physical cash concentration of all participating accounts into a nominated single Concentration account. Automated transfers will allow surplus funds to flow to the concentration account from the nominated accounts and replenish funds from the concentration account to the nominated accounts.