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ZERO BALANCE ACCOUNT (ZBA)

. . .the ideal way to control cash flow when your company has multiple accounts for remote operations!

Zero Balance Accounts are subsidiary accounts with balances which are specifically set to be maintained at zero. Each of these sub-accounts are then electronically linked to a master, or operating, account. The Zero Balance sub-accounts can receive deposits and disburse funds for multiple accounting purposes. The sub-account’s daily deposit total is automatically transferred to the master account, which returns the sub-account’s balance to zero. Checks that are written on the sub-account are automatically paid via a transfer of funds from the master account.

Zero Balance Accounts allow transactions to flow through separate accounts for audit purposes while consolidating the balances for corporate funding and cash flow purposes. Idle balances that were once sitting in separate sub-accounts are automatically consolidated, which may create desirable investment options or reduce outstanding credit balances. Zero Balance Accounts eliminate the need for manual transfers between various bank accounts and also greatly reduce the possibility of overdrafts in the sub-accounts.

If you. . .

●  Want the daily cash flow of your various accounts’ activities to run smoothly. . .
●  Wish to optimize your company’s cash position for investment or analysis purposes. . .
●  Appreciate the advantages of staying in control of your finances through day-to-day monitoring of all of your accounts. . .or
●  Prefer to minimize the need for wire transfers and the expense of overdrafts. . .

. . .then you should definitely click on the button below for complete information about Zero Balance Accounts. Or, call ALIANT Business Services at 1-866-245-4554.