Zero Balance Accounts
Zero Balance accounts allow your company to eliminate excess balances in separate accounts. It provides an easy, fully-automated way to separate specialized disbursement or depository activity into distinct sub-accounts, while retaining cash in a single master operating account. The service automatically transfers to or from the master operating account at the end of each business day to offset the net activity in each zero balance sub account so your business can enjoy the benefits of:
- Simplified funds consolidation made easier,
- Automated transfers that save you time and money,
- Local disbursement or depositing authority with centralized cash control.
Call us today at 1-804-327-5758 to learn more. It's your business. Build it at First Market Bank.