Zero Balance Account

Save time and money by scheduling transfers among your business accounts.

Our Zero Balance Account (ZBA) is a non-interest bearing checking account in which balances are transferred to a main account every business day to maintain greater control over disbursements. At the end of each day, money is transferred between master and subsidiary accounts automatically.

Features and Benefits

  • Avoid individual funds transfer fees for automatic scheduled transfers
  • Automatically fund disbursement accounts, based on your specifications
  • Make all deposits to one account
  • Avoid overdraft fees

 This Product is Good For

  • Customers who have numerous operating locations or are based in geographically disbursed areas
  • Customers who want centralized cash control and decentralized cash disbursement (i.e., separate accounts for payroll, petty cash, etc.)
  • Customers looking to increase investment opportunities and decrease administrative expenses