This topic describes the systematic instructions to request Sweep Out from Account. This screen will help to define sweep-out requests on customer accounts that get executed when the account balance goes above the threshold value.

1. On the Homepage, from Account Services, under Standing Instructions, click Sweep Out from Account, or specify the Sweep Out from Account in the Search icon bar.
   The Sweep Out from Account screen is displayed.

   Figure 12-14 Sweep Out from Account

   
   Description of "Figure 12-14 Sweep Out from Account"
2. On Sweep Out from Account screen, specify the fields.
   For more information on fields, refer to the field description table.

   Table 12-13 Sweep Out from Account - Field Description

   Field	Description
   Search by	Users can search for an account number by using any of the available search criteria. The account number is set as the default search option. Users can specify the account number directly in the adjacent field or search for an account number by clicking the Search icon. Users can also search for the specific account number by providing customer ID, account number, or account name. Other search options available in the Search by field are Customer ID, SSN, Mobile Number, and Email. A specific customer ID can be searched by providing the customer name or customer ID. If SSN, mobile, or email IDs are chosen to find an account number, the respective IDs have to be input entirely in the adjacent field for the system to display the account number. For a given search criteria, multiple account numbers may be linked. For example, two or more account numbers can be linked to a single mobile number. In such cases, the system displays all the account number matches and the user can select the relevant account number on which to perform a servicing operation. Note: The label of the field adjacent to the Search by field changes dynamically. For example, if the Account number is chosen as the search criteria, the label of the adjacent field is displayed as the Account Number. If SSN is chosen as the search criteria, then the adjacent field would display the label as SSN.
   Threshold Amount	Enter the Threshold Amount. The currency is defaulted based on the account currency. The Sweep-Out transaction will be executed during the end-of-day batch process if the balance in the account goes above the threshold amount.
   Minimum Sweep Amount	The Minimum Sweep Amount and currency will be defaulted based on the product parameter and account currency. Sweep out instruction is executed only if the derived sweep amount (Account balance minus the Threshold Amount) is greater than or equal to Minimum Sweep Amount. This is an optional field that can be input during the sweep setup.
   Beneficiary Account Number	Enter the Beneficiary Account Number or click the search icon to view the Beneficiary Account Number pop-up window. By default, this window lists all the Account Numbers present in the system. You can search for a specific Account Number by providing Customer ID, Beneficiary Account Number, or Beneficiary Account Name and click the Fetch button.
   Beneficiary Account Name	Beneficiary Account Name is displayed based on the Beneficiary account number selected.
   Frequency	Select the frequency for the sweep out.
   Month End Execution	Switch to to enable the month end execution for the sweep out. Switch to to stop the month end execution for the sweep out.
   Start Date	Users can define the Start Date for sweep-out instruction. The start date cannot be backdated.
   End Date	Users can define the End Date for sweep-out instruction, Sweep out instruction will be closed after the end date. Note: End Date cannot be less than Start Date.
   Narrative	The narrative will be defaulted as Sweep Out from Account. The defaulted value is modifiable.