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Sweeps for Cleartouch

With Sweeps for Cleartouch® from Fiserv your finanicial institution can customize a program which rewards your loyal customers and offers flexible programs to meet their needs. Expand your product mix and enhance fee-income opportunities.

Overview

From basic overdraft transfer capabilities to comprehensive and flexible sweep functions, Sweeps provides your financial institution with the ability to support the overdraft protection and cash management needs of your consumer and business customers.

Customize Fee Structures
With 99 available Sweeps packages, you can quickly customize fee structures based on market segments, such as large corporate, middle market, commercial retail, commercial manufacturing, or any other category you may choose to improve service and maximize fee income. You can offer funding links to deposit accounts, consumer and commercial lines of credit, and investment accounts. Prioritization and customization of these sweep relationships will dramatically improve client acquisition and retention rates. Not only can you designate funding priority to operating accounts, but base accounts can also be prioritized. Both of these features will maximize cash flow management and return to customers. Balance tracking enhances your customer satisfaction by ensuring that funds are only used according to the balance parameters that your customer establishes.

Customers Have Flexibility
Provide greater control and peace of mind for your customer with the ability to customize and designate specific level one account that will always be funded regardless of funds in the operating accounts. The system provides additional flexibility by enabling the customer to choose the type of account balance to be used to fund the accounts whether that is ledger, available, or collected balances. Finally, the system provides greater flexibility by allowing for overdraft activity to appear at the base account level or the operating account level.

Features

  • Enhanced customer relationships: Build, retain and strengthen customer relationships
  • Peace of mind for your customers: Guarantee specific accounts will be funded
  • Customized packages: 99 different Sweeps packages are available

For more information on Sweeps for Cleartouch and other solutions from Fiserv, call us at 800-872-7882 or Contact Us.