Germany-based Deutsche Bank (NYSE: DB) has announced a plan to launch a zero balance account
for professionals in India.
A bank represenative approached me around March 2010 with a proposal to open a zero balance account
Concentration Account and credited to the Zero Balance Account
For example, a Zero Balance Account
(ZBA) can provide centralized control over available cash.
for the performance of zero balance account
, managed care audits.
Zero Balance Account
Service, Paid Check Image Services, Reconcilement Services, Positive Pay
Associated With This Account Are Currently 24 Zero Balance Accounts
Dedicated To The Clearing Of Warrants And Checks For County Departments And Junior Districts.
The number of zero balance accounts
that continue to exist with most banks is glowing evidence to this persistent issue.
More than 2,000 zero balance accounts
of local people were opened at the branch and a fake website with its server in the USA was also created to dupe the investors," the local district superintendent of police Upendra Kumar Sinha told the media yesterday.
Current problems relate to special situations such as double billing and erroneous billing by computer conversion input personnel and the inability by computer personnel to promptly correct debit errors and computer generated erroneous interest charges by input credits to the computer system to zero balance accounts
We used zero balance accounts
, or ZBAs, to control the cash movements centrally.
When you eliminate identified zero balance accounts
that average rises to $2,283, a 7% year over year increase.