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Quick Answer: How Does A Bank Sweep Account Work?

Contents
  1. Can you lose money in a sweep account?
  2. Are sweep accounts safe?
  3. How do banks make money on sweep accounts?
  4. What is a sweep account in banking?

Can you lose money in a sweep account?

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Are sweep accounts safe?

How do banks make money on sweep accounts?

What is a sweep account in banking?

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