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    Zero Balance Account

    A checking account that allows businesses to control balances in subsidiary zero balance accounts through automated funding from the main operating account, maximizing funds for investments purposes.

    Features:

    • Checks are issued from the subsidiary accounts as necessary
    • When the checks are presented to Republic for payment, there is an automatic transfer from the main operating account for the total amount of the checks presented that day
    • Maintain all balances in the main operating account for investment purposes
    • No need to transfer balances to the zero balance accounts
    • Clear audit trail of the automated transfers on the account statement

    Requirements:

    • No minimum balance to open

    Additional Pricing Information:

    • A monthly charge of $15.00 maintenance fee per account
    Republicbank.com Information 1-888-782-3333
    Taxpayer Assistance 1-866-581-1040
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