Sweeps

Euro Dollar Sweep Account
Eurosweep is an overnight investment into a U.S. dollar account held in our Cayman Islands branch. The funds in these accounts are part of the bank's balance sheet, and the investments are made through internal transfers within the bank's general ledger system. Eurosweep products have been a standard commercial bank offering since the 1980s and are a great way for your company to realize substantial profits with very little effort.

Repurchase Sweep (Repo) Account
This investment is a sale of a U.S. Government security with a simultaneous agreement to buy back the same security at a stated price on a specified date. In a sweep, ownership of the security is transferred to the investor/lender while the funds are invested and transferred back to the bank when the funds are redeemed. The securities used as collateral are part of the bank's existing investment portfolio.

Money Market Mutual Fund Investment Account
The Money Market Mutual Fund provides several investment options including a tax-free option and have no minimum investment requirements.

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Investment products are not FDIC insured; are not deposits or other obligations of, or guaranteed by the bank; and may be subject to investment risks, including the possible loss of principal.