Sweep & ZBA Accounts

Maximize the earning potential of your business accounts. Utilize the ability to sweep excess funds into other accounts for investment, or minimize the amount of idle funds through the use of zero balance accounts (ZBA).


Summary
  • Maximize your earning potential
  • Sweep excess funds into interest-bearing or off-balance-sheet investment accounts
  • Repurchase agreements
  • Set a daily "peg" balance and sweep all remaining funds daily into an investment:
  • Mutual funds
  • Money markets
  • Repurchase agreements
  • Fund payroll and other disbursement needs through zero balance accounts
  • Move only the funds needed daily to pay for incoming checks
  • Automated to reduce human error and increase accountability

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