27/04/21 Execute Surplus Sweep Between Transaction Accounts

TEMENOS Banking Reference Processes

Execute Surplus Sweep Between Transaction Accounts Last change: 17-Mar-2021 12:05:15
Type: EPC

Execute Intra-Day
Sweep Between
Transaction
Accounts

Surplus sweep
to be executed

Compare Sweep
Account balance with Maximum amount
PO maximum amount to set in AC.CASH.POOL
be maintained
SYS

Account Balance Shortfall in

in surplus Account balance

Sweep amount is the

Calculate Sweep surplus amount that
PO amount needs to be swept out
to maintain maximum
SYS amount set Reject surplus sweep
PO

SYS
Compare Sweep
amount with Minimum debit
PO minimum debit transfer amount set
transfer amount in AC.CASH.POOL
SYS Surplus sweep
not performed

Sweep amount Sweep amount

more than less than
minimum debit minimum debit
transfer amount transfer amount

Perform sweep for

PO the sweep amount

SYS

Generate accounting Transfer entries passed by system

PO entries Dr Sweep Account
Cr Link Account
SYS

PO Update sweep details AC.ACCOUNT.SWEEP.HIST

with sweep details
SYS

Surplus sweep
performed

Temenos R21 Proprietary & Confidential 1