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A Zero Balance Account (ZBA) arrangement automatically transfers funds to and from your central concentration account to bring your secondary accounts to a zero balance at the end of each business day. ZBAs allow you to consolidate funds into a single concentration account and fund daily clearings from secondary accounts automatically.

Features:	ZBA Accounts are funded automatically with balances from primary account Multiple secondary accounts may be linked to a single primary account Detailed statements show transfer activity within all accounts
Benefits:	Maximize use of your cash balances Avoid making manual transfers to fund accounts Eliminate need for working balances in multiple accounts Monitor total cash position more accurately

After you identify the Middlesex Savings Bank business checking account which will serve as the primary operating account to be linked to the ZBA, you can write checks and make deposits against any of the various checking accounts in the normal course of business throughout the day. At the end of each business day, if any of the ZBA's are deficient, the primary account is drawn down to fund the ZBA bringing its balance back to zero. If any of the ZBA's maintain excess balances, the account is drawn to a zero balance and the excess cash is transferred to the primary account.

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