eduardo
Apprentice
Joined: 27 Jun 2006
Posts: 4
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 Posted: 07/21/08 - 23:34 Post subject: |
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| When it comes to zero balance account, it is most often had by various corporations. It is in fact a checking account. The balance on it is zero, and it is purposely held, and by means of transferring money from main account. The amount transfered is as large as the amount of money that is shown on checks that are present there. It is used solely for covering these amounts and has great advantages, as it effectively cannot render losses, balance being always zero. To transfer, you need to head to your bank and simply fill appropriate papers they will give you. I hope you find the info helpful. |
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