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CASH AND MDA SWEEP FEATURE AGREEMENT This Agreement between the account owner(s) and TD AMELIORATE sets forth the terms and conditions governing the cash in your Brokerage Account (TD AMELIORATE Cash)

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What is cash and mmda sweep?

Cash and mmda sweep refers to the process of transferring excess funds from a cash account or a money market deposit account (MMDA) to another account in order to maximize interest earnings.

Who is required to file cash and mmda sweep?

Financial institutions and individuals who hold cash accounts or money market deposit accounts are required to file cash and mmda sweep.

How to fill out cash and mmda sweep?

To fill out cash and mmda sweep, you need to provide information about the initial amount in the cash account or MMDA, the target account for the transfer, and any applicable fees or limits set by the financial institution.

What is the purpose of cash and mmda sweep?

The purpose of cash and mmda sweep is to automatically transfer excess funds to another account that can potentially offer higher interest earnings, thereby maximizing the returns on cash balances.

What information must be reported on cash and mmda sweep?

The information that must be reported on cash and mmda sweep includes the initial balance of the cash account or MMDA, the target account for the transfer, and any fees or limits associated with the sweep.

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