ConcentrationToFRBSweep two-leg
Identity
- Name
- ConcentrationToFRBSweep
- Description
Daily aggregate transfer from the cash-concentration master to the Federal Reserve. Consolidates the day's ZBA-swept balances into a single Fedwire — drastically reducing the per-sub-account Fed traffic. Fedwire ack provides the OMAD that closes the leg.
Topology
- Source role
- ConcentrationMaster
- Destination role
- ExternalCounterparty
Origin
- Origin
- —
- Source origin (override)
- InternalInitiated
- Destination origin (override)
- ExternalForcePosted
Conservation
- Expected net (standalone firing)
- $0.00
Activity / cadence
- Aggregating
- false
- Cadence
- —
- Bundles activity
- —
Metadata
- Metadata keys
- sweep_datefedwire_omad
- Metadata value examples
- —
Posted requirements
- Posted requirements
- fedwire_omad
Aging
- Max pending age
- PT4H
- Max unbundled age
- —
Soft bounds
- Typical amount range (min, max)
- —
- Typical firings per period (min, max)
- —