Wat is 'n sweep-rekening?
Hoe sweep-rekeninge werk, wat banke werklik betaal, en waar versekerde kontant-sweep-programme tekort skiet.
Verwysingsgids · Hersien September 2026 · Volgende hersiening Oktober 2026
Die kort weergawe
- 'n Skeeprekening is nie 'n rekening nie. Dit is 'n instruksie wat aan een geheg is: beweeg alles bo 'n teikenbalans uit teen die daaglikse afsnytyd, en beweeg dit terug voordat dit nodig is.
- Five structures are sold under the same word (bank deposit, money market fund, insured cash, repo, line-of-credit), and what you own once the money has moved differs in every one of them.
- Sweep pricing is negotiated per relationship and is not on a public rate sheet. Every third-party rate on this page stays marked “To be sourced” until it has been read at the source and dated. For scale, the FDIC national average was 0.63% on money market accounts as of September 21, 2026.
- Die grootste deel van die gaping tussen die gekwoteerde koers en die rente wat in jou rekening beland, is struktuur, nie fooie nie: die pen, die vlakgrens, die verspreiding, die verdienste-krediet wat jy nooit spandeer nie.
- A sweep is built for cash you may need tomorrow morning. Reserves untouched for two quarters are paying for liquidity they never use. That is the tranche worth allocating elsewhere.
Definisie en meganisme.
'n Skeeprekening is nie 'n rekening nie. Dit is 'n instruksie wat aan een geheg is: skuif alles bo 'n teikenbalans na 'n plek waar dit verdien, aan die einde van elke werksdag, en skuif dit terug voordat dit nodig is.
'n Teikenbalans word gestel
You and the bank agree on a peg: the amount the operating account should hold at the end of each business day. It is usually sized on your payroll, tax and payables calendar, not on your total cash.
Die oorskot word by afsluiting uitgevee
After the day’s posting cutoff, anything above the peg moves automatically into the destination vehicle. Depending on the program you signed, that is a savings account, a money market fund, a reciprocal deposit network or a repurchase agreement.
Dit vee die volgende oggend terug
Wanneer die rekening onder die pen val, keer die program die oordrag om om verrekeningsitems te dek. Die kontant is nooit ledig op papier nie, en dit is nooit vinniger vir jou beskikbaar as wat die bestemmingsvoertuig vereffen nie.
Hoekom die meganisme hoegenaamd bestaan
For most of the twentieth century, US banks were prohibited from paying interest on business demand deposits (Regulation Q). The sweep was the workaround: leave the checking balance at zero interest, and move the surplus into something that could legally pay. The prohibition was repealed in 2011 under the Dodd-Frank Act, but the plumbing stayed, because it had become how corporate cash management was sold. That history matters when you read your rate. A sweep was designed to solve a regulatory problem, not to raise your yield, and the pricing still reflects that origin.
Die tipes: bank, geldmark, verseker.
Vyf strukture word onder dieselfde woord verkoop. Hulle verskil oor een vraag wat meer saak maak as die koers: wat presies besit jy sodra die geld verskuif het?
Die eenvoudigste reëling en die algemeenste. Saldo's beweeg tussen twee rekeninge by een instelling. Operasioneel onsigbaar, maar die koers word eensydig deur die bank vasgestel en die saldo tel steeds as 'n eis teen daardie enkele bank.
- Waar die kontant heen gaan: Spaar- of geldmarkdeposito-rekening by dieselfde bank
- Versekeringsstatus: FDIC-verseker, tot $250,000 per deposant, per bank, per eienaarskapskategorie
- Skikking: Dieselfde dag, interne boekoordrag
The cash leaves the bank’s balance sheet and buys shares in a fund holding Treasury bills, repo and agency paper. Yield is quoted as a 7-day yield, already net of the fund’s expense ratio. Credit risk moves from one bank to a diversified portfolio of short government paper. The fund is governed by SEC Rule 2a-7 (see Sources).
- Waar die kontant heen gaan: 'n Geregistreerde geldmarkfonds, gewoonlik 'n staatsfonds
- Insurance status: Not a deposit and not FDIC insured: you own fund shares
- Afhandeling: Terugbetaling word gewoonlik dieselfde of volgende besigheidsdag afgehandel
Your deposit is split into pieces placed at other member banks, each piece staying under the insurance limit, while your relationship stays with one bank. It buys insured capacity well beyond a single charter. It also costs yield, because the network and the placing bank both take a share.
- Waar die kontant heen gaan: 'n Wederkerige netwerk wat die balans oor baie banke verdeel
- Versekeringsstatus: Deurgaande FDIC-dekking in inkremente onder $250,000, onderhewig aan korrekte rekeningtitulering en rekordhouding
- Skikking: Oor die algemeen die volgende besigheidsdag
Erfenisstrukture word steeds aan groter kommersiële kliënte aangebied. 'n Repo-veegskema gee jou 'n versekerde eis teen staatskollateraal eerder as deposito-versekering. 'n Buitelandse of Eurodollar-veegskema boek die saldo heeltemal buite Amerikaanse deposito-versekering.
- Waar die kontant heen gaan: Oornag-herkoopooreenkomste of 'n buitelandse takdeposito
- Versekeringsstatus: Gekollateraliseer eerder as verseker, of heeltemal buite FDIC-dekking
- Skikking: Oornag, wat omkeer by opening
Oortollige kontant betaal lenings af in plaas van rente te verdien. As jou leenkoers bo enige deposito-koers is wat jy kan kry, is dit gewoonlik die hoogste-opbrengs vee beskikbaar. Dit is ook die een wat jou met niks laat om toe te wys nie.
- Waar die kontant gaan: Die uitstaande saldo van jou kredietlyn
- Insurance status: Not applicable: no balance is held
- Skikking: Dieselfde dag
As u tussen 'n deposito-rekening en 'n fonds kies, word die afruil uiteengesit op die geldmarkvergelyking.
Wat programme werklik in 2026 betaal.
Sweep rates are rarely published. They are quoted in a treasury management proposal, revised without notice, and vary by relationship. We record them only once we have read them at the source. Until then, the cell says so.
| Programtipe | Opbrengs gemeet as | Tarief | Saldo vereis | Geverifieer op |
|---|---|---|---|---|
| Nasionale bankdeposito-veeg | Interne spaargeld / MMDA | To be sourced | To be sourced | To be sourced |
| Streeksbankdeposito-veeg | Interne spaargeld / MMDA | To be sourced | To be sourced | To be sourced |
| Staatsgeldmarkfonds-veeg | 7-dae netto opbrengs | To be sourced | To be sourced | To be sourced |
| Wedersydse versekerde kontantveeg | Netwerkdeposito-plasing | To be sourced | To be sourced | To be sourced |
| Makelaarskontantveeg | Bankdeposito-program | To be sourced | To be sourced | To be sourced |
| Coinstancy Pro | Kontraktuele APY, geen sluitvlak nie | 6.00% | USD of USDC, KYB voor eerste deposito | September 2026 |
Hoekom die tabel leë selle het
Publishing a sweep rate we have not verified would make this page useless to the person who needs it. Bank sweep pricing is negotiated per relationship and is not on a public rate sheet. A number scraped from an aggregator would be an average of contracts that are not yours. Each cell is filled only after the rate has been read at the source and dated. The method is the same one used on the rate barometer.
For scale: the FDIC national average was 0.37% on savings and 0.63% on money market deposit accounts as of September 21, 2026. The Federal Reserve target range for the federal funds rate has been 3.75% to 4.00% since September 17, 2026, and sweep rates sit somewhere between the two (see Sources).
Waar om jou eie nommer te vind
Your account analysis statement is the only authoritative source for what your sweep pays. It shows the balance swept, the rate applied, the earnings credit generated and the fees charged against it. Pull three consecutive months, divide interest earned by average swept balance, and annualize. That figure, not the one in the proposal, is your real sweep yield.
Die perke van versekerde kontant-sweep.
Reciprocal deposit networks solve a real problem (insured capacity above one charter), and they are widely used for good reason. They also carry conditions that are easy to read as guarantees when they are not.
Wat dit werklik lewer
Wat dit nie doen nie
Die mislukkingsmodus wat niemand deeglik ondersoek nie
FDIC insurance pays out when an insured bank fails. It does not pay out when the entity holding the record of who owns what stops functioning. In a pass-through arrangement, coverage depends on the account being titled in a custodial capacity and on records that identify each beneficial owner and their share (12 CFR Part 330, see Sources). Where an intermediary sits between the depositor and the member banks, those records are that intermediary’s responsibility.
The 2024 failure of a US banking-as-a-service intermediary made the point concretely. The underlying banks did not fail, so deposit insurance was never triggered, and end customers still waited on a ledger reconciliation to learn what they were owed. Ask your provider three questions in writing: who maintains the beneficial ownership records, how often they are reconciled to the member banks, and what happens to your access if the administrator stops operating. A satisfactory answer is specific.
Coinstancy Pro is explicit on the same question: it is not FDIC insured. Funds are covered by OpenCover on Sensitive Protocols defined by Coinstancy, subject to policy terms, limits and exclusions. The coverage page lists what is excluded.
Nie-bank alternatiewe.
Geeneen van hierdie vervang 'n sweep nie. Hulle ding mee vir 'n ander gedeelte van kontant: die reserwe wat nie in twee kwartale beweeg het nie en tans 'n oornagkoers betaal word vir oornaglikheid wat dit nooit gebruik nie.
Staatseffekte, direk gekoop
The reference every other option should be judged against. It requires a brokerage relationship and someone to run the ladder. It locks the term you choose unless you sell.
- Waar die opbrengs vandaan kom
- The front end of the government curve (US Treasury daily par yield curve, see Sources)
- Toegang
- Gehou tot vervaldatum, of verkoop teen markprys voor dit
- Waaraan jy blootgestel is
- Geen kredietrisiko indien gehou tot vervaldatum; pryrisiko indien vroeg verkoop
Staat geldmarkfondse
Die standaard nie-bank tuiste vir bedryfsreserwes. Gediversifiseerd, deursigtig, en vervelig op die manier wat 'n tesourie-instrument behoort te wees.
- Waar die opbrengs vandaan kom
- Kort staatspapier en herkoopooreenkomste, netto van die uitgaweverhouding
- Toegang
- Terugbetaling tipies dieselfde of volgende besigheidsdag
- Waaraan jy blootgestel is
- Nie 'n deposito nie, nie FDIC-verseker nie, geen slimkontrak-blootstelling nie
Gedekte stablecoin-besparings
What Coinstancy Pro does: USD or USDC deposits, 6.00% APY with no lock and 6.75% at twelve months, deployed across protocols we review and monitor. It is a reserve allocation, not an operating account. The risks it carries are not the risks a bank deposit carries.
- Waar die opbrengs vandaan kom
- Uitleen en likiditeitsvoorsiening op hersiene DeFi-protokolle
- Toegang
- Onttrekkings beskikbaar binne 48 uur
- Waaraan jy blootgestel is
- Not FDIC insured. Covered through OpenCover for specific protocol events only, subject to policy terms
Hou dit in die sweep
Hierdie tranche kan verder uitgestrek word
Coinstancy Pro sits in the third column: USD or USDC only, 6.00% APY with no lock, 6.75% at twelve months, withdrawals within 48 hours, KYB before the first deposit, and no deposit insurance of any kind. Rates as of September 2026, not guaranteed beyond the term selected. If your treasury policy bars smart contract exposure, the first two columns are your answer. See how it sits next to a sweep.
Gereelde vrae
'n Geoutomatiseerde reëling wat kontant bo 'n vasgestelde saldo aan die einde van elke besigheidsdag uit jou bedryfsrekening na 'n rente-draende of beleggingsinstrument skuif, en dit terugskuif wanneer die bedryfsrekening dit nodig het.
It depends entirely on where the cash is swept. A bank deposit sweep stays in insured deposits, subject to the $250,000 limit per depositor, per bank, per ownership category. An insured cash sweep uses a reciprocal network to multiply that capacity, subject to correct titling and recordkeeping. A money market fund sweep or a repo sweep is not FDIC insured at all: you hold shares or a collateralized claim, not a deposit.
Omdat die sweep-koers 'n prys is wat die bank bepaal, nie 'n markkoers wat jy ontvang nie. Die instelling verdien op dieselfde saldo en gee 'n gedeelte deur. Op 'n versekerde kontant-sweep neem die netwerk ook 'n deel. Geen van die twee marges word op jou staat uiteengesit nie.
Nee. Dit brei dekking uit deur jou balans in inkremente onder $250,000 oor lidbanke te verdeel, maar elke program het 'n totale limiet, en balanse wat jy reeds by 'n lidbank hou, kan die dekking wat 'n plasing werklik lewer, verminder. Bo die limiet is die oorskot 'n onversekerde deposito soos enige ander.
Dit is anders, nie streng veiliger nie. 'n Regeringsfonds vervang 'n gekonsentreerde eis op een bank met 'n gediversifiseerde portefeulje van korttermyn-regeringspapier, wat die risiko van enkel-instelling-mislukking uitskakel. In ruil daarvoor gee jy deposito-versekering op, en die fonds se opbrengs en sy fooivrystellings kan albei sonder kennisgewing verander.
A sweep is built for cash that has to be available tomorrow morning. Reserves you have not touched in two quarters are paying for liquidity they never use. Splitting the two (operating cash in the sweep, reserves in a longer instrument) is usually where the yield is. It is the decision the treasury management guide works through.
It is not a substitute for one. Coinstancy Pro takes USD or USDC, pays 6.00% APY with no lock-up and up to 6.75% at twelve months, and settles withdrawals within 48 hours after a one-time KYB (Know Your Business verification). It is not FDIC insured. Eligible funds are covered through OpenCover for specific protocol events, subject to policy terms, limits and exclusions. Keep the operating float in the sweep and allocate only the reserve.
Bronne en verdere leeswerk
Die syfers en bewerings op hierdie bladsy berus op die dokumente hieronder. Tydsensitiewe syfers (koerse, opbrengste, fooie, markdata) beweeg: kontroleer die lewende waarde by die bron voordat jy daarvolgens optree.
- FDIC, nasionale koerse en koersperkefdic.gov
National average rates of 0.37% on savings and 0.63% on money market deposit accounts as of September 21, 2026, the scale against which a sweep rate is read.
- FDIC, deposito-versekeringfdic.gov
The $250,000 limit per depositor, per insured bank, per ownership category, and the statement that mutual funds and securities are not deposits and are not insured.
- FDIC, deposit insurance coverage regulations (12 CFR Part 330)ecfr.gov
The recordkeeping and account titling conditions for pass-through coverage on fiduciary and custodial accounts, cited in the insured cash sweep section.
- IntraFi, versekerde kontant-sweepintrafi.com
How a reciprocal deposit network places a balance across member banks in increments under the insurance limit, and the settlement and fee trade-offs described here.
- SEC, geldmarkfondsreëls (Reël 2a-7, 17 CFR 270.2a-7)ecfr.gov
Portfolio, liquidity and liquidity fee requirements for money market funds, the vehicle behind a money market fund sweep.
- Federal Reserve, open market operationsfederalreserve.gov
Federal funds target range of 3.75% to 4.00% since September 17, 2026, the rate that deposit, repo and money market yields follow.
- Amerikaanse Tesourie, daaglikse par-opbrengskurwehome.treasury.gov
The front end of the government curve, the reference for Treasury bills bought directly in the alternatives section.
- Oop Dekkingopencover.com
Die verskaffer van die protokoldekking gereël vir Coinstancy Pro; die omvang, beperkings en uitsluitings is op die dekkingbladsy.
Laas nagegaan: September 2026. Eksterne skakels open in 'n nuwe oortjie; Coinstancy is nie verantwoordelik vir hul inhoud nie.
Keep the sweep. Allocate the reserve.
Open 'n rekening direk. As jou finansiespan die dekkingsterme en die KYB-vereistes voor dit nodig het, kan ons span deur die kontakbladsy antwoord.