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What is a Zero Balance Account (ZBA)?

What Is a Zero Balance Account? A zero balance account (ZBA) is a business checking account that permanently maintains a balance of zero. Learn how it works and when you might need one.

How do zero balance accounts work?

Zero Balance Accounts (ZBAs) operate on a straightforward yet highly effective principle: maintaining a zero balance in subsidiary accounts by automatically transferring funds to and from a master account. This mechanism begins with the establishment of a master account, which serves as the central repository for all funds.

What is a sweep account?

These accounts are designed to maximize funds that may be sitting idly by transferring or “sweeping” them into a higher yield investment option automatically. For example, your sweep account may push unused cash into a money market mutual fund or money market deposit account.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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