Man wearing glasses smiling at laptop computer.

Automatically Combine Funds

Zero Balance Account

Consolidating funds to maximize cash flow.

Webster Bank’s Zero Balance Account allows you to take control of your cash by automatically consolidating funds from multiple business accounts into one master account at the end of each day.

Get Started Now

Woman sitting at desk with laptop computer on cell phone.

Put idle funds to work for your business

If you’re looking for a better way to manage several business accounts, Webster’s Zero Balance Account is an effective solution. You’ll be able to concentrate excess funds so you can improve cash flow, simplify oversight, and gain greater control over collections and payments.

Zero Balance Accounts Benefits

Help your business thrive

Cost and Time
Savings

Reduce or eliminate overdrafts
Minimize borrowing costs
Simplify bookkeeping
Save money with reduced account fees

Convenient
Features

Default target is $0 in ledger balance
Higher target balance option available
Choose single- or multi-entity account structure

Increase Earning Potential

How it works

You designate subsidiary accounts to link to a master account where all your funds are consolidated. Subsidiary accounts allow different types of transactions to be segregated and easily tracked by purpose (payroll, operating, vendor invoices and payments, satellite office locations, etc.).

Each subsidiary account has a target balance of zero, although you may opt to set a higher target balance. At the end of each business day, funds are automatically transferred from the master account to each sub account, to pay presented items. Any excess funds in the sub accounts above the target are moved back to the master account. By eliminating excess balances in the sub accounts, your master account is in position to reach maximum earning potential.

Ready to get started?

Put our solutions to work for your business. Contact a Treasury Management Specialist today.

Connect With Us

Learn more about Webster products, services and the communities we serve.

We’d love your feedback

Zero Balance Account

Put idle funds to work for your business

Help your business thrive

Cost and Time Savings

Convenient Features

Ready to get started?

Cost and Time
Savings

Convenient
Features