Zero Balance Account - ZBA. What is a 'Zero Balance Account - ZBA'. A zero balance account (ZBA) is a checking account in which a balance of zero is maintained by automatically transferring funds from a master account in an amount only large enough to cover checks presented.
http://www.investopedia.com/terms/z/zba.asp
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http://content.pncmc.com/live/pnc/corporate/pinacle/pxguides/PINACLE%20Express%20DDA%20Statements/PINACLE%20Express%20DDA%20Statements.pdf
TRS DDA Collections Service. When an individual’s account is closed in overdraft, Benefits for Your Customers. the account is placed with TRS Recovery Services for. collection, and the person’s ability to write checks or. open new accounts is limited. Our consumer transaction.
https://www.firstdata.com/downloads/marketing-fs/fd_trs-ddacollectionsservice_ss.pdf
Annual Percentage Yield (APY) A percentage rate that reflects the total amount of interest paid on a deposit account (e.g., checking, savings, CD or IRA). It is based on the interest rate earned on your account and the frequency of compounding for a 365-day period. Automated Clearing House (ACH)
https://www.wellsfargo.com/help/checking-savings/glossary
DDA stands for Demand Deposit Account which allows the holder of the account to withdraw funds without advanced notice. Some of these accounts are also NOW accounts which are checking accounts that accrue interest. I believe the criteria for this is that a certain balance be maintained at all times.
https://www.quora.com/What-does-DDA-deposit-stand-for-in-my-online-banking
Pay your bills, track your spending by category, set savings goals, and more with Virtual Wallet online tools. Explore money management tools ». Virtual Wallet is made up of Spend (your primary checking account), Reserve (for short-term savings) and high-yield[1] Growth (for long-term savings) accounts.
https://www.pnc.com/en/personal-banking/banking/checking.html
What is a 'Demand Deposit'. A demand deposit consists of funds held in an account from which deposited funds can be withdrawn at any time from the depository institution, such as a checking or savings account, accessible by a teller, ATM or online banking. In contrast, a term deposit is a type of account that cannot be accessed for a predetermined period of time.
http://www.investopedia.com/terms/d/demanddeposit.asp
Manage your money online with Virtual Wallet. Pay your bills, track your spending by category, set savings goals, and more with Virtual Wallet online tools. Virtual Wallet is made up of Spend (your primary checking account), Reserve (for short-term savings) and high-yield[1] Growth (for long-term savings) accounts.
https://www.pnc.com/en/personal-banking/banking/checking.html
DDA essentially means “checking account.” SAV is a savings. A DDA can be anything from a standard checking to a money market or a HSA (Health Savings Account). Essentially any account a check could be written off of.
https://www.quora.com/What-does-DDA-deposit-stand-for-in-my-online-banking
If you are trying to access ACH, ACH Positive Pay, Capital Markets, Foreign Exchange, Funds Transfer, or. Payables Advantage, a Token Pass code MUST be entered. If no Token Pass code is entered on the Login. page, you will be prompted to input one upon entering the module. Tokens are assigned to operators by.
http://content.pncmc.com/live/pnc/corporate/pinacle/pxguides/PINACLE%20Express%20DDA%20Statements/PINACLE%20Express%20DDA%20Statements.pdf
what is a dda account balance
Demand deposit account which allows the holder of the account to withdraw funds without advanced notice.