Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document outlines the terms and conditions of the DB AG NY Sweep Program, including transfer limits, interest rates, and account information. It informs customers about how their funds are managed and how interest is earned, while also highlighting the bank's right to change interest rates and access customer account information for regulatory purposes.
Metadata
- Subject
- Cash Sweep Options
- Sender
- —
- Recipients
- —
- Document ID
- WM179143 015105.011718
- Date
- —
Relationships 4
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| MMDA | Financial | Transaction Account | Funds are transferred between MMDA and Transaction Account based on federal banking regulations. |
| DBSI | Business | Pershing | DBSI and Pershing are involved in notifying the customer about changes to the Cash Sweep Option. |
| Deutsche Bank AG New York Branch | Financial | DB AG NY Sweep Program | Branch Deposit Accounts are established through the DB AG NY Sweep Program. |
| DBSI | Business | Relationship Manager | DBSI Relationship Manager provides information about deposits. |
Notable Quotes 2
The Branch may seek to pay as low a rate as possible, and is not obligated to offer interest rates that are higher than, or equa€ to, prevailing market interest rates or rates that are comparable to other Cash Sweep Options, or other available deposit or investment products.
You expressly give consent for federal or state bank and securities regulators to access your customer account information for audit and review purposes.
Red Flags 1
- The Branch may seek to pay as low a rate as possible, and is not obligated to offer competitive interest rates.
Financial Information
Assets:
- Funds in MMDA
- Funds in Transaction Account
- Branch Deposit Accounts
Transactions:
- Transfers from MMDA to Transaction Account
- Deposits to and withdrawals from Deposit Account
- Interest earned on Branch Deposit Account balances
Legal Compliance
- Federal banking regulations limit the transfers from an MMDA to a total of six withdrawals during a monthly statement cycle.
- Federal banking regulations require the Branch to reserve the right to require seven business days' prior notice before you withdraw cash balances from your Deposit Accounts.
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 6
MMDABranchPershingDBSIDB AG NY Sweep ProgramDeutsche Bank AG New York Branch
Locations 1
New York
Financial Entities 1
Deutsche Bank AG New York Branch
Text Analysis
- Tone
- Informative
- Purpose
- To inform the customer about the terms and conditions of the DB AG NY Sweep Program, including transfer limits, interest rates, and account information.
- Significance
- This document outlines the rules and regulations governing the cash sweep program, which is important for customers to understand how their funds are managed and how interest is earned.
File Info
- File Name
- EFTA01353395.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:59.198118
- DOJ Source
- View on DOJ