Zero Balance Accounts
Consolidate funds from several accounts
Maximize your use of funds and increase your account control with zero balance accounts. A zero balance account is a subsidiary account that is maintained at a specified balance (usually zero) and is electronically linked to a master account. It is for companies interested in consolidating funds from several accounts
- Statements on the master and subsidiary accounts provide detailed account transactions.
- Maximizes use of funds and increases funds control.
- Unlimited number of subsidiary accounts can be linked to a zero balance account master.
- A target balance other than zero may be established.
Subject to approval. Fees and restrictions may apply. Ask us for more details.