Funds are automatically transferred between your line of credit and your checking account to reduce interest expenses. Overdraft charges are also reduced through automatic funding of your checking account from your line of credit when needed.
After selecting a target balance for your account, excess funds are swept to a repurchase account at the end of each business day. This increases your earning potential while still allowing you access to invested funds.
This automated service transfers funds to or from your master account at the end of each business day, to offset the net activity in each zero balance sub-account. Funds are utilized where they are needed most without the need to manually transfer funds between accounts.