Zero Balance Account

Improve cash flow management by pooling excess funds into a single master account.

• Simplifies monitoring of your daily cash position by concentrating excess funds in a master account
• Related accounts are automatically debited or credited daily, bringing the account balance to zero or a predetermined target balance
• Improves cash flow management by concentrating all excess funds into a single master account
• Tightens up audit control by providing an audit trail for each debit and credit transaction
• Boosts efficiency and cuts expenses by automating your intra-bank money transfers
• Popular uses of ZBA accounts include: payroll, benefits, petty cash, lockbox collections and store locations from multiple locations