Zero Balance Accounts
Paragon offers a zero balance account (ZBA) as a means to automatically link multiple business checking accounts, such as those used for payroll, petty cash, and other purposes. Your ZBA will be linked to your primary operating account and will always maintain a zero balance. If you require more than one account for deposit or check writing purposes, your ZBA will help you manage them easily and more efficiently by eliminating the need for manual transfers.
- Keeps company funds centralized in one operating account
- Reduce administrative time and expenses
Contact us to discuss the benefits of a zero balance account.