Simplify Cash Management Across Multiple Business Accounts

What Is a Zero Balance Account?

A Zero Balance Account is a checking account that is automatically maintained at a zero balance—or another target balance you establish. It allows businesses to maintain separate accounts for different locations, divisions, or business functions while centralizing cash in a single control account.

How Zero Balance Accounts Work

Your business establishes a central control account along with one or more Zero Balance Accounts.

As transactions occur throughout the day, funds are automatically transferred to maintain the target balance you've established for each account. This automation helps simplify cash management while supporting your existing account structure.

Benefits of Zero Balance Accounts for Your Business

Zero Balance Accounts help your business:

• Eliminate routine manual transfers between accounts
• Reduce costly NSF fees caused by transfer errors
• Maximize the use of available cash and idle balances
• Simplify cash management across multiple locations or departments
• Maintain separate operating accounts while centralizing cash management

Zero Balance Accounts are well suited for businesses that operate multiple locations, manage separate departments, or maintain distinct operating accounts for accounting and reporting purposes. Instead of manually moving funds between accounts each day, your business can automate the process while maintaining greater visibility and control over available cash.