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Article14 Mar 2022

Citi Launches New U.S. Deposit Sweep Solution for Institutional Clients

Building on its history of innovation in cash management, Citi’s Treasury and Trade Solutions today announced the launch of a new solution to allow institutional clients (Corporate, Public Sector, and Financial Institution) with U.S. accounts to sweep cash into demand deposit accounts at participating U.S. branches of non-U.S. banks. Offered via IntraFi Network’s Yankee Sweep service, Citi’s institutional clients now have additional flexibility to diversify their deposits across multiple institutions while enjoying an opportunity for enhanced yields.

Innovative Deposit Solution offered via IntraFi Yankee Sweep

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