ZBA meaning in Accounts and Finance ?

Answer: What is Zero Balance Account mean?

finance, a Zero Balance Account (ZBA) is a system of cash pooling (to consolidate the cash balances of several subsidiaries of a single company). This system is designed to leave in the current accounts of the subsidiaries the minimum amounts to be able to deal with their debts contracted.

The main advantage of this system is to centralize the cash to be able to put it to better interest rates.

This system may have the disadvantage of not allowing enough independence to financial subsidiaries.

reference

Full Form	Category
Zero Balance Account	Accounts and Finance
ZEBEX America, Inc.	Business
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Zino Beauty Academy	Business
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Zero Based Analysis	Computing
Zero Bias Anomaly	Electronics
Compressed File Run Through Unix Compress and Btoa	File Type
Zoning Board of Adjustment	General
Zmanda Backup Appliance	General
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Zero Balance Accounts	General
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Zigbee Alliance	Softwares