Dario
Fri Oct 04 2024
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7 answers
1333
What is the disadvantage of zero balance account?
Could you please elaborate on the potential drawbacks of maintaining a zero balance account? I'm curious to understand the financial implications and any limitations that come with not having a positive balance in an account. How might this affect accessibility to funds, transaction processing, or even potential fees associated with the account? Additionally, are there any long-term consequences to consider, such as impacting creditworthiness or future banking relationships?
