12 CFR Appendix D to Part 360, Sweep/Automated Credit Account File Structure

Appendix D to Part 360 - Sweep/Automated Credit Account File Structure

This is the structure of the data file to provide information to the FDIC on funds residing in investment vehicles linked to each non-closed deposit account or sub-account: (1) Involved in sweep activity where the sweep investment vehicle is not a deposit and is reflected on the books and records of the covered institution or (2) which accepts automated credits. A single record should be used for each instance where funds affiliated with the deposit account are held in an alternative investment vehicle. For any alternative investment vehicle, a separate account may or may not exist. If an account exists for the investment vehicle, it should be noted in the record. If no account exists, then a null value for the Sweep/Automated Credit Account Identifiers should be provided, but the remainder of the data fields defined below should be populated.

For data provided in the Sweep/Automated Credit Account File, the total account balances and the number of accounts must be reconciled to subsidiary system control totals. The file will be in a tab- or pipe-delimited ASCII format. The files will be encrypted using an FDIC-supplied algorithm. The FDIC will transmit the encryption algorithm over FDICconnect.

Field name Field description Comments Format
1. DP_Acct_Identifier Account Identifier
The primary field used to identify the account from which funds are swept or debited. The field may be the Account number.
The Account Identifier may be composed of more than one physical data element. If multiple fields are required to identify the account, data should be placed in separate fields and the FDIC instructed how these fields are combined to uniquely identify the account Character (25).
2. DP_Acct_Identifier - 2 Account Identifier - 2
If necessary, the second element used to identify the account from which funds are swept or debited.
Character (25).
3. DP_Acct_Identifier - 3 Account Identifier - 3
If necessary, the third element used to identify the account from which funds are swept or debited.
Character (25).
4. DP_Acct_Identifier - 4 Account Identifier - 4
If necessary, the fourth element used to identify the account from which funds are swept or debited.
Character (25).
5. DP _Acct_Identifier - 5 Account Identifier - 5
If necessary, the fifth element used to identify the account from which funds are swept or debited.
Character (25).
6. DP_Sub_Acct_Identifier Sub-Account Identifier
If available, the sub-account identifier for the account.
The Sub-Account Identifier may identify separate deposits tied to this account where there are different processing parameters such as interest rates or maturity dates, but all owners are the same Character (25).
7. SW_Acct_Identifier Sweep/Automated Credit Account Identifier
The primary field used to identify the account into which funds are swept or credited. This field may be the Account Number.
Funds may be swept into an investment vehicle not represented as an account. In this case this field should be a null value
The Sweep/Automated Credit Account Identifier may be composed of more than one physical data element. If multiple fields are required to identify the account, data should be placed in separate fields and the FDIC instructed how these fields are combined to uniquely identify the account.
Character (25).
8. SW_Acct_Identifier - 2 Sweep/Automated Credit Account Identifier - 2
If necessary, the second element of the account identifier used to identify the account into which funds are swept or credited.
Character (25).
9. SW_Acct_Identifier - 3 Sweep/Automated Credit Account Identifier - 3
If necessary, the third element of the account identifier used to identify the account into which funds are swept or credited.
Character (25).
10. SW_Acct_Identifier - 4 Sweep/Automated Credit Account Identifier - 4
If necessary, the fourth element of the account identifier used to identify the account into which funds are swept or credited.
Character (25).
11. SW _Acct_Identifier - 5 Sweep/Automated Credit Account Identifier-5
If necessary, the fifth element of the account identifier used to identify the account into which funds are swept or credited.
Character (25).
12. SW_Sub_Acct_Identifier Sweep/Automated Credit Sub-Account Identifier
If available, the sub-account identifier for the account
Character (25).
13. SW_Type Sweep/Automated Credit Type The investment vehicle. Possible values are:
• RE = Repurchase Agreement.
• DD = Deposit Held in a Domestic Office.
• DF = Deposit Held in a Foreign Office.
• IBF = Deposit Held in an International Banking Facility.
• AI = Deposit Held in an affiliated depository institution.
• FF = Federal Funds.
• CP = Commercial Paper.
• OT = Other.
Character (3).
14. SW_Inv_Amount Fund Balance in Sweep/Automated Credit Investment Vehicle.
Dollar amount residing in the investment vehicle.
Decimal (14,2).
15. SW_Currency_Type Currency Type
The ISO 4217 currency code.
Character (3).
16. SW_Hold_Amount FDIC Hold Amount
Amount of FDIC hold on funds residing in the investment vehicle.
Decimal (14,2).
17. SW_Sweep_Interval Sweep/Investment Frequency
The frequency with which the sweep or investment occurs. Possible values are:
• D = Daily.
• W = Weekly.
• BW = Bi-Weekly.
• M = Monthly.
• BM = Bi-Monthly.
• Q = Quarterly.
• O = Other.
Character (2).
[ 73 FR 41197, July 17, 2008]

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