Provides you the flexibility of transferring funds within group accounts and allows you to set your sweeping preferences. Our solution is not only cost-effective, it also saves you time as it eliminates manual tracking of funds, resulting in better accuracy and better usage of resources.

Auto-sweep is a two-way transfer where it allows funds to be transferred automatically from the main account to a sub account and vice versa.

Cash pooling and cash distribution are one-way transfers where funds are transferred from the sub to the main and the main to the sub respectively.

Sweeping of funds are fully system initiated

Sweep will be executed at the end of day, based on the closing balance of the main and sub accounts

Main account and the sub account can be maintained at different Alliance Bank branches

Sweeping of funds is also allowed between related companies e.g. between holding company and its subsidiary