Cash Management

Increase your cash flow efficiency with our Zero Balance Account (ZBA). You can set up automatic sweeps between subsidiary accounts and a master operating account. The subsidiary account balances are kept at zero or at a targeted balance based on your daily operational needs. Funds will be automatically transferred to or from the master account to designated subsidiary accounts to maintain the predetermined target balance. ZBA will help manage your operational funds more effectively as you can consolidate excess balances into the master account. It will also help you control and monitor the disbursement in different subsidiary accounts. The ZBA service can be utilized for businesses with multiple divisions or different functional groups.

Standard Service Includes:

• Multi-tier capability allowing multiple levels of sweeps
  
• Set a zero or target balance for the sub accounts that fits your specific business liquidity needs

Make your excess funds work for you with our money market mutual fund investment service – InvestmentBridge®². If your Globus Union checking account has funds that exceed a predetermined target balance, it will automatically be swept to invest in our money market mutual fund to earn interest. The fund can also sweep back to your checking account when needed to fund incoming payments. We offer several mutual fund options for you to find the most suitable fund for your investment objectives.