Zero balance account
id:
zero-balance-account-255-17125864
title:
Zero balance account
text:
In finance, a Zero Balance Account (ZBA) is a system of cash pooling. This system is designed to leave in the current accounts of the subsidiaries the minimum amounts to be able to deal with their debts contracted. The main advantage of this system is to centralize the cash to be able to put it to better interest rates. This system may have the disadvantage of not allowing enough independence to financial subsidiaries.
brand slug:
wiki
category slug:
encyclopedia
description:
Type of bank account used in corporate cash management
original url:
https://en.wikipedia.org/wiki/Zero_balance_account
date created:
date modified:
2021-11-09T15:00:02Z
main entity:
{"identifier":"Q16683954","url":"https://www.wikidata.org/entity/Q16683954"}
image:
fields total:
13
integrity:
14