Make your funds work harder for your business with a Zero Balance account from UTB. Our Zero Balance accounts ensure your expenses are covered while eliminating idle funds. They work by consolidating capital in a linked master account where your money earns higher interest by maintaining a higher minimum daily balance. And because the transfers are automatic, you can spend your time focusing on your business, not on where your money is.
Details
- Perfect for companies with multiple divisions, stores, or operating units
- More than one ZBA can be linked to the primary account
- Multiple account balances are concentrated into one, centralized account
- Funds are disbursed to individual ZBA accounts only when necessary to cover checks or debits
- Concentrate funds, eliminating idle balances and simplifying account management
- Maintain required balances for disbursements while maximizing excess balances
- Transactions flow through separate accounts for audit purposes while balances are consolidated for funding
- Eliminate the need for manual transfers between bank accounts
- Receive separate statements for each account
Maximize your money’s earning power with a UTB Zero Balance account. To learn more about our Zero Balance account, talk to an experienced cash management specialist today by calling 972-239-7000.
