Illegal Activity
none
Blackmail
none
Date
015105.011718
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document describes the terms and conditions of the DB AG NY Sweep Program, including transfer limits from MMDA accounts, interest rate policies, and account information. It also outlines the bank's right to require prior notice for cash withdrawals and the process for handling rejected deposits or program termination.
Metadata
- Subject
- Cash Sweep Options
- Sender
- —
- Recipients
- —
- Document ID
- WM179143
- Date
- 015105.011718
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| DBSI | Business | Pershing | DBSI and Pershing are involved in the Cash Sweep Option program. |
| DB AG NY Sweep Program | Business | Deutsche Bank AG New York Branch | The DB AG NY Sweep Program utilizes 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 equal 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, and is not obligated to offer interest rates that are higher than, or equal to, prevailing market interest rates or rates that are comparable to other Cash Sweep Options, or other available deposit or investment products.
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.
- 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 flow
Organizations 5
MMDADBSIPershingDB 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 customers 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 a cash sweep program, which is important for customers to understand their rights and obligations.
File Info
- File Name
- EFTA01378941.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:26.622920
- DOJ Source
- View on DOJ