At UBS, we begin by understanding the role of cash and how it fits with your life’s goals and what you want to accomplish with your wealth. By focusing on what’s really important to you, together we can help you maintain your lifestyle and give you the confidence to fund for your short-term spending needs. UBS Bank USA offers a wide range of competitive, flexible and strategic cash solutions, each designed to work together with your wealth management plans.1

You, as our client, can choose from a wide range of liquidity strategies and benefit from a source of stable assets with competitive rates and the added security of FDIC insurance up to applicable limits. (For more information on FDIC insurance see footnote 2.) UBS Bank USA is an indirect wholly owned subsidiary of UBS Group AG and is well capitalized separately from UBS Financial Services Inc., providing you greater confidence.

Understanding the various purposes of your cash can help you make the most of it

Everyday cash

Everyday cash provides immediate access to funds and may be used for day-to-day purchases or expenses, including paying bills. Available “cash” in your UBS Financial Services Inc. securities account(s) is automatically “swept” daily to bank deposit accounts held at UBS Bank USA or depending on the sweep program, the banks listed at ubs.com/bankprioritylists.3 You’ll get access to cash management services, including online tools such as mobile check deposit as well as traditional cash transaction features, allowing you to easily manage both your everyday cash and investment needs–all in one place.

Learn more about sweep deposits

Savings cash

Grow your savings cash for large near-term expenses, unexpected life events or as an emergency fund. With no market or liquidity risk, UBS Bank USA Core Savings (UBS Core Savings) can help you keep your long-term investment strategy on track with the safety of FDIC insurance up to applicable limits while earning competitive yields. (For more information on FDIC insurance see footnote 2.)  You’ll enjoy more flexibility than term deposits, with up to five withdrawals per month. Thereafter, a $25 fee per withdrawal applies, or liquidation of the entire UBS Core Savings balance will apply, depending on your account type (applicable fees may reduce earnings).  To withdraw funds, visit UBS Online Services or simply call your Financial Advisor.4 Review the UBS Core Savings Disclosure Statement for additional details.

Learn more about UBS Core Savings

Investment cash

Generally speaking, investment cash is left untouched for a specified term to enjoy higher rates, which may carry additional market/credit risks and fees. Investment cash is typically used as part of your asset allocation and can include cash and cash alternatives, such as Certificates of Deposit.

Find out how we can help make your cash work harder, so you're better prepared for expected and unexpected expenses.

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1 Eligible UBS Accounts are offered by UBS Financial Services Inc. Cash management services associated with these accounts are provided by affiliated and third-party banks. Deposit and loan products are offered by UBS Bank USA.

2 About FDIC Insurance: UBS Bank USA is a member of the Federal Deposit Insurance Corporation (FDIC). Funds on deposit at UBS Bank USA are eligible for FDIC insurance up to $250,000 (including principal and accrued interest) per depositor for each insurable capacity (e.g., single or joint) in which the deposit is held, provided that the requirements for deposit insurance have been met. For purposes of FDIC insurance, your deposits will be aggregated with your other deposit balances held in the same insurable ownership capacity at UBS Bank USA, including any UBS Bank USA issued certificates of deposit you own, UBS Bank USA Core Savings deposits and deposits placed at UBS Bank USA through participation in the UBS Bank Sweep Programs and the UBS FDIC-Insured Deposit Program or through sweep programs offered by third-party broker-dealers. FDIC deposit insurance only covers the failure of an insured bank. UBS Financial Services Inc. is not an FDIC-insured bank. You are responsible for monitoring the total amount of deposits at UBS Bank USA in order to determine the extent of FDIC deposit insurance coverage. For more information about FDIC insurance, please visit the FDIC website at fdic.gov/deposit/deposits. 

3 UBS Financial Services Inc. (“UBS FSI”) offers various cash sweep options. Your/Your client’s eligibility for a particular sweep program is set forth in the Account Agreements and Disclosures, which may be viewed at ubs.com/accountdisclosures. Depending on the particular sweep program, the available cash balances in your/your client’s securities account at UBS FSI will be automatically deposited into deposit accounts at: (i) UBS Bank USA (“UBS Bank”), a Federal Deposit Insurance Corporation (“FDIC”) member bank that is affiliated with UBS FSI; or (ii) other participating banks whose deposits are FDIC insured (“Program Banks”). The current lists of Program Banks participating in the UBS Insured Sweep Program and the UBS FDIC-Insured Deposit Program are set forth in UBS Bank Priority Lists, which is available online at ubs.com/bankprioritylists. FDIC insurance protect funds that have been deposited at UBS Bank and the Program Banks, provided that the requirements for deposit insurance have been met. FDIC deposit insurance only covers the failure of an insured bank. UBS FSI is not an FDIC insured bank. Certain legacy UBS FSI accounts that enrolled in a sweep program prior to November 18, 2019 may also sweep to UBS AG, Stamford Branch. Deposits held at UBS AG, Stamford Branch are not insured by the FDIC, Securities Investor Protection Corporation (“SIPC”), or any governmental agency of the United States, Switzerland or any other jurisdiction. You/Your client can view the current yields for the sweep options at ubs.com/sweepyields. For more information about UBS cash sweep programs, please see UBS FDIC-Insured Deposit Program Disclosure Statement and UBS Bank Sweep Programs Disclosure Statement or contact your Financial Advisor.

4 Only non-advisory accounts can execute online UBS Core Savings deposits and withdrawals. Visit ubs.com/bankingvideos to learn how to make an online deposit or set up funds transfer capabilities.

About UBS Bank USA
Please carefully review the UBS Bank USA Core Savings Disclosure Statement available at ubs.com/coresavingsdisclosure. UBS Bank USA Core Savings deposits are made through an account at UBS Financial Services Inc., an affiliate of UBS Bank USA. UBS Financial Services Inc., as your agent and custodian, will open a deposit account with UBS Bank USA. Certain advisory accounts, non-resident aliens and financial institutions are not eligible for UBS Bank USA Core Savings. Please see the UBS Bank USA Core Savings Disclosure Statement for a full list of eligible accounts. Ask your Financial Advisor for more information.

UBS Bank USA Core Savings is not intended for clients who need to have frequent access to their funds. For non-advisory accounts, UBS Financial Services Inc. will charge you a fee of $25 for each withdrawal that you make from UBS Bank USA Core Savings in excess of five (5) withdrawals in a calendar month. For advisory accounts, if you make more than five (5) withdrawals in any calendar month, your entire UBS Bank USA Core Savings position (principal plus accrued interest) will be liquidated at the sixth (6th) withdrawal and deposited in your advisory account. Your funds will not be automatically re-deposited into UBS Bank USA Core Savings the following month. If you would like to deposit into UBS Bank USA Core Savings again, you may instruct your Financial Advisor to transfer funds back into UBS Bank USA Core Savings. For these purposes, a withdrawal will be considered to occur on the day on which the funds are actually withdrawn from UBS Bank USA Core Savings, which may not be the same day on which you place an order for the withdrawal with your Financial Advisor. Any applicable fees will be posted to your account at UBS Financial Services Inc. the business day following the excess withdrawal, and may reduce your earnings. You may incur a withdrawal fee or your position may be liquidated, as applicable, even if the withdrawal is involuntary such as if a withdrawal is made by UBS Financial Services Inc. to meet a margin call.

UBS Bank USA is a subsidiary of UBS Group AG. UBS Bank USA, Member FDIC, NMLS no. 947868.

About UBS Financial Services Inc.

The Resource Management Account (RMA), Business Services Account BSA and International Resource Management Account (IRMA) are brokerage accounts with UBS Financial Services Inc., a registered broker-dealer and a member of the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). An explanatory brochure is available upon request or at sipc.org. The RMA, Business Services Account BSA and IRMA provide access to cash management products and services through arrangements with affiliated banks and other third-party banks and provide access to insurance and annuity products issued by unaffiliated third-party insurance companies through insurance agency subsidiaries of UBS Financial Services Inc. UBS Financial Services Inc. is not a bank. 

Investment, insurance and annuity products: Not FDIC insured • Not a deposit • No bank guarantee • May lose value

UBS Financial Services Inc. is a subsidiary of UBS Group AG. Member FINRA. Member SIPC.

This material has been prepared for informational purposes only and is not an offer to buy or sell or a solicitation to buy or sell a CD or to participate in any trading strategy. The CDs discussed may not be suitable or in the best interest for all investors and will depend on individual investors’ circumstances and objectives. You should review the Disclosure Statement for the CD, which is available from your Financial Advisor.

CDs at an issuing bank are eligible for FDIC insurance up to the maximum limits allowed by law. The FDIC’s regulations impose conditions for obtaining FDIC insurance coverage for deposits held through agents, such as UBS Financial Services Inc. These conditions include recordkeeping requirements applicable to the agent. FDIC deposit insurance only covers the failure of an insured bank. UBS Financial Services Inc. is not an FDIC-insured bank. 

This information is not provided based on your particular financial situations or needs and does not take into account individual investors’ circumstances. You should not consider this information to be a “recommendation” by UBS or your UBS Financial Advisor.

© UBS 2024. The key symbol, UBS, Resource Management Account, RMA, Business Services Account BSA, International Resource Management Account and IRMA are among the registered and unregistered trademarks of UBS. All rights reserved.

2024-1610450

Review code: 3766791

Expiration: 08/05/2025