Zero Balance Account (ZBA)
Avoid idle cash and repetitive manual transfers by letting Webster manage your sub-accounts automatically.
- Fast Facts
- Provides daily rebalancing
- Eliminates manual transfers
- Reduce idle balances
Take the hassle out of pooling the excess cash from your company’s sub-accounts, and automate the process. Webster’s convenient Zero Balance Account service automatically transfers all available funds into a master account, and keeps your sub-accounts at a zero balance.
Webster’s Zero Balance Account Offers You
- A single concentration account that centralizes your funds
- Regular transaction activity posted to sub-accounts, throughout the day, placing them in temporary excess or deficit positions
- Automatic transfers to or from the concentration account at every close of business that restore sub-accounts to zero balance
- A zero available balance for each sub-account every morning
To learn more about ZBA or our other Cash Management services, please call us at 1-888-932-2256 or email email@example.com.
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