Zero Balance Account

A transfer product that can automatically fund disbursement accounts from a main operating account or transfer deposits into a main operating account to maintain a zero balance or a pre-specified target balance.

Feature Business Benefit
Automatic funding (same day) of disbursement accounts when checks are presented for payment. Eliminates need to track and fund individual disbursement sub accounts, eliminates overdraft risk, and maximizes investment potential.
Automatic transfer of deposits to operating account as soon as collected Reduces idle balances and maximizes investment potential

Use ebiz Online Banking to track your Zero Balance Account.