FDIC-Insured – Backed by the full faith and credit of the U.S. Government
FDIC-Insured – Backed by the full faith and credit of the U.S. Government
Optimize cash flow, automate cash concentration, and reduce risk. Designed for efficiency and control, BankSouth’s Zero Balance Account solution supports stronger liquidity management and simplifies your day‑to‑day operations.
A Zero Balance Account (ZBA) is a business cash management solution that allows you to centralize funds while maintaining multiple operating accounts for specific purposes. A master account is linked to one or more sub-accounts, and funds automatically move between them to cover daily activity.
Each sub-account is brought back to a zero balance at the end of the business day, giving you clean reporting, stronger visibility, and tighter control over company funds.
Consolidate balances into a single master account to minimize idle funds and maximize earning potential.
Eliminate manual transfers with automated end-of-day sweeps between accounts.
Clean daily balances improve reporting accuracy and reduce manual errors.
Limit available balances in operating accounts to reduce exposure and financial risk.
Zero Balance Accounts are especially valuable for businesses that:
Zero Balance Accounts, or ZBAs, help businesses centralize cash while maintaining separate operating accounts for specific purposes. By automatically sweeping funds between accounts, ZBAs give you daily visibility into your cash position, reduce idle balances, and eliminate manual transfers.
All activity is visible through Business Online Banking for easy monitoring and reporting.
A master account holds your primary cash position
Sub-accounts are established for specific purposes such as payroll, accounts payable, deposits, or collections
Transactions post to sub-accounts throughout the day
Positive balances automatically sweep to the master account at the end of the business day
If a sub-account is negative, funds are automatically transferred from the master account
Each sub-account resets to a zero balance, providing clean reporting and control
Yes, you can establish multiple ZBAs tied to a single master account, which is ideal for businesses managing separate divisions, locations, or expense categories. This structure gives you detailed oversight while maintaining centralized cash control.
ZBAs pricing varies based on your account structure and transaction volume. Request a consultation to discuss setup costs and monthly maintenance fees tailored to your business needs.
Businesses with multiple divisions, subsidiaries, or locations that need separate accounts for tracking purposes but want to centralize cash management are ideal candidates for Zero Balance Accounts. They’re particularly useful for companies looking to reduce idle balances and improve overall liquidity management.
Transfers between your Zero Balance Account and master account occur automatically at the end of each business day, typically after the close of business. Your accounts are balanced overnight so each ZBA starts the next business day at zero.
Yes, you can write checks and make payments from your Zero Balance Account just like a regular checking account. The system automatically transfers the necessary funds from your master account to cover the day’s transactions during the nightly sweep process.