Transferring money manually can lead to timing challenges and human error. A zero balance account helps you eliminate those risks. Access multiple accounts from a single pool of funds, eliminating the need to manually fund individual accounts.
Deposit concentration – funds may be deposited into the clearing account and moved automatically to the parent account
Simplifies reconciliation with individual statements
Individual account numbers simplifies tracking
Reduces the risk of overdraft
Other products and services offered by Old National.