Zero balance account: Difference between revisions
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(ZBA). A disbursement bank account | (ZBA). | ||
A disbursement bank account from which payments are made, even though the balances in the accounts are maintained at zero. | |||
Debits are covered by a transfer of funds from a master account at the same bank. | Debits are covered by a transfer of funds from a master account at the same bank. | ||
== See also == | == See also == | ||
* [[Account]] | |||
* [[Balance]] | |||
* [[Cash]] | |||
* [[Cash balance]] | |||
* [[Cash flow]] | |||
* [[Master account]] | * [[Master account]] | ||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 22:08, 18 July 2022
(ZBA).
A disbursement bank account from which payments are made, even though the balances in the accounts are maintained at zero.
Debits are covered by a transfer of funds from a master account at the same bank.
