 |
|
|
Guaranty’s Zero Balance Account is designed to save you time and give you better control over your cash
balances. This program automatically manages the cash position of your various disbursement accounts,
eliminating the need for maintaining large working balances to avoid possible overdrafts. The Zero
Balance Account automatically transfers funds from a master account to pay checks drawn against
your different disbursement accounts and keeps the disbursement accounts’ ledger balance at zero. As a result,
all available cash is readily identifiable in one easily managed master account. The Zero Balance Account
can also be used to concentrate deposits in various accounts into one master account to maximize cash
management opportunities.
Features of Zero Balance Accounts
|
- Provides method for concentrating funds to improve investment opportunities
- Saves time and money with less monitoring and transferring of funds
- Helps you avoid the expense of overdrawn accounts
- Eliminates idle cash in operating account
- Provides clear audit trail via GuarantyNet® or account statements
- Gives you control of your daily cash flow activity
Please contact our Guaranty Bank Treasury Management Representatives for additional information about any of our treasury management services.
|
|
|
Equal Housing Lender.
