Zero Balance Account

Consolidate balances from multiple accounts into a single master account.

We’ll tailor you a solution that transfers collected funds to or from your master account each day—from an unlimited number of secondary accounts—bringing them to zero or a predetermined target balance. This reduces both complexity and the chance to incur fees from low balances and multiple account transfers.

KEY SERVICE FEATURES:

• Monitor daily cash position through business online banking
• Aggregate collected funds conveniently to execute investments and loan payments
• Maintain decentralized payment authority for individual divisions or locations
• Maintain zero or predetermined target collected balances for secondary accounts
• Reduce balances in unused accounts to maximize the earning potential of cash
• Boost efficiency and cut expenses by automating transfers