The Zero Balance Account (ZBA) generates automatic transfers between your USBBS Checking Accounts at specified intervals. Transfers are completed at end of nightly deposit processing run.

Key Benefits

• May reduce overdraft/borrowing costs
• May create a larger pool of funds for investment purposes
• Eliminates manually-initiated transfers between USBBS Checking Accounts
• Provides a more efficient means of handling funds in collection and disbursement accounts

Key Features

• Collection/Disbursement transfer:
  • Transfers funds to or from the ZBA concentration account to maintain an established balance in the ZBA originating account(s)
  • Permits debits and credit transfers to occur

NOTE: must be used if you are subscribing to the Cash Manager Investment Account Service or if you have a revolving line of credit

• Excess transfer:
  • Transfers excess balances over a specified amount from your collection account(s) to the ZBA concentration account

• Deficit transfer:
  • Transfers funds to your disbursement account(s) from ZBA concentration account

• Pre-determined amounts (fixed amount) transfer:
  • Transfers a fixed amount from one USBBS Checking Accounts to another one of your USBBS Checking Accounts

For more information contact a Relationship Manager
at the Commercial Banking Centre nearest you!