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

Customer Identification Program Notice

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