Wachovia Corporation is a major (super regional) U.S. bank. The Wachovia corporate website is located at www.wachovia.com. Among the cash management services available to its business customer are various collection and disbursement products.

a. Access Wachovia’s cash management and deposit services at www.wachovia.com/ corp_inst/page/0,,7_17,00.html, and determine the disbursement products available from Wachovia. Compare Wachovia’s controlled disbursements and sweep accounts to the text definition for a ZBA.

b. Bank of America is the first truly national bank in the United States. Access its corporate website at www.bankofamerica.com, and compare Bank of America’s disbursement products with the products from Wachovia Corporation discussed in part (a).