Zero balance account: Difference between revisions

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imported>Doug Williamson
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imported>Doug Williamson
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Line 9: Line 9:
* [[Account]]
* [[Account]]
* [[Balance]]
* [[Balance]]
* [[Cash]]
* [[Cash balance]]
* [[Cash flow]]
* [[Master account]]
* [[Master account]]


[[Category:Cash_management]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[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.


See also