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 cashmgt@websterbank.com.

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