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Can a Corporation Sweep from a Personal Account?

Answered by: 
Randy Carey

Question: 
Can a corporation sweep from a personal account? We say no but are checking what you think?
Answer: 

I concur - no - not a sound banking practice.

First published on 05/19/2019

Filed under: 
Operations
Filed under operations as: 
Business Accounts/Checks
Corporate Accounts/Checks
Sweep Accounts
Reg. D

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