Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document describes the terms and conditions of the DB AG NY Sweep Program, including federal banking regulations, interest rates, and account information. It outlines the limitations on MMDA transfers, the Branch's right to require prior notice for withdrawals, and the discretion the Branch has in setting interest rates.
Metadata
- Subject
- Federal banking regulations and DB AG NY Sweep Program
- Sender
- —
- Recipients
- —
- Document ID
- WM179143 015105.011718
- Date
- —
Relationships 3
| 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 the DB AG NY Sweep Program. |
| DB AG NY Sweep Program | Financial | Deutsche Bank AG New York Branch | The DB AG NY Sweep Program involves deposit accounts at Deutsche Bank AG New York Branch. |
Notable Quotes 2
Federal banking regulations limit the transfers from an MMDA to a total of six withdrawals during a monthly statement cycle.
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.
Red Flags 1
- The Branch may seek to pay as low a rate as possible, which could be disadvantageous to the account holder.
Financial Information
Assets:
- Funds in MMDA
- Funds in Transaction Account
- Branch Deposit Account balances
Transactions:
- Transfers from MMDA to Transaction Account
- Deposits and withdrawals to Transaction Account
- Interest accrual and crediting
Legal Compliance
- Federal banking regulations limit transfers from an MMDA.
- The Branch reserves the right to require seven business days' prior notice before withdrawing cash balances.
- Waiver of Confidentiality for federal or state bank and securities regulators.
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigation
Organizations 6
MMDABranchDBSIPershingDB 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 about the terms and conditions of the DB AG NY Sweep Program, including federal banking regulations, interest rates, and account information.
- Significance
- This document outlines the rules and regulations governing the DB AG NY Sweep Program, which is important for understanding how funds are managed and how interest is earned.
File Info
- File Name
- EFTA01377862.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:46.499531
- DOJ Source
- View on DOJ