Question

It is a type of saving bank account In which excess of particular limit gets automatically transferred to fixed deposit account

Answer 1

Answer:

sweep-in account

Explanation:

The "Auto-sweep feature (sweep-in)": The balance in excess of a stipulated amount is automatically transferred to a fixed deposit (FD) account for a default term of one year. By this transference, amounts in excess of a fixed limit can earn a substantially higher rate of return.

Answer 2

Answer:

multiple option deposit account