Sweeping Rules

Sweeping rules are automated processes that transfer funds from one account to another — typically from subsidiary accounts to a primary account — to optimize cash management and maintain target balances.

In the Sweeping Rules tab in Atlar, you can create multiple sweeping rules across different accounts. There is no limit to how many rules you can configure, and you can always edit or delete them as needed.

Sweep actions

There are two types of sweep actions: drawdown and top-up.

• Drawdown – When the balance of the target account exceeds the trigger balance, funds are transferred from the target account to the supporting account so that the target account matches the defined target balance.
• Top-up – When the balance of the target account falls below the trigger balance, funds are transferred from the supporting account to the target account so that the target account matches the defined target balance.

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Avoiding small, unnecessary transfers

You can add a margin to the trigger balance to avoid transferring small amounts between accounts. For example, if the target balance is 1,000,000 SEK and the actual balance is 1,000,001 SEK, a margin would prevent a transfer of just 1 SEK — helping you avoid transaction costs that outweigh the benefit.

Frequency

• Daily – The balance is checked once per day, and a sweep occurs if the conditions are met.
• Every 15 minutes – The balance is checked every 15 minutes, and a sweep may occur at that frequency depending on how often the balance is updated by your bank.

Configuring sweeping rules

1. Navigate to Payments > Sweeping Rules
2. In the top-right corner, click Actions > Create New
3. Fill in the required details:
   1. Target balance account – The account whose balance should be maintained
   2. Supporting account – The account used to fund or receive excess funds
   3. Target balance – The desired balance to maintain in the target account
   4. Action – Choose either drawdown or top-up
   5. Trigger – Define the condition: greater than (for drawdown) or less than (for top-up)
   6. Frequency – Choose daily or every 15 minutes
   7. Payment scheme – Depending on the accounts selected, different credit transfer schemes may be available
4. Click Create to save the rule.

To view the history of sweeps for a specific rule, double-click the sweeping rule and select the Sweeps tab for a detailed log.

Sweeping rule examples

Top-up example

When the balance on the target account DemoUK-EUR-CITI-880015 falls below the trigger balance of 100,000 EUR, funds will be transferred from the supporting account DemoDE-EUR-DEUT-920002 to restore the target account to its desired balance of 1,000,000 EUR.

Drawdown example

When the balance on the target account DemoDE-USD-DEUT-920006 exceeds the trigger balance of 20,000 USD, the surplus is transferred to the supporting account DemoUK-USD-CITI-880014 to bring the target account down to a target balance of 0 USD.