Business Investor Account™ (BIA)™
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The Business Investor Account is for businesses who want the flexibility and convenience of an investment account with cash management features, including an automatic sweep of cash balances.  The BIA account offers you access to a broad array of short-, mid-and long-term taxable and tax-advantaged investment vehicles.

You'll also receive cash management services that include:

  • Automatic sweep to money market deposit accounts (MMDA) at our two affiliated banks through the Merrill Lynch Business Deposit Program (Rates are tiered based on the value of your assets held in your BIA Account. Please refer to the account agreement for more information.)
  • Limited check writing
  • Ten free deposits per month
  • Automated Clearing House (ACH) Deposits and Disbursements 
  • Funds Transfer System (FTS) Deposits and Disbursements
  • Comprehensive information reporting on all your accounts
  • Fedwire transfers
  • 6 disbursements per month, 3 of which may be checks (Any transaction in excess of the disbursement limits will be subject to a fee. If these limits are exceeded, then Merrill Lynch, in its sole discretion, may terminate Customer’s ability to make disbursements and/or terminate Customer’s subscription to the BIA Service. The limitations of  the MMDA are set by federal banking regulations.)

To find out more about the business advantages of a BIA account, please contact your Financial Advisor, who can help you determine whether this is the right account for you, and, if so, help you enroll. 

 

 

Related Products & Services

For your business financial needs:

For your personal financial needs:

For more information call 1.866.4ML-BUSINESS (465-2874).

Merrill Lynch, Pierce, Fenner & Smith Incorporated is a registered broker-dealer, not a bank, and the WCMA account is not a bank account. Banking services are provided by licensed banks or by third parties through arrangements with licensed banks. Unless otherwise indicated, investment products are not FDIC-insured, not guaranteed by a bank and may lose value.

Working Capital Management Account and WCMA are trademarks of Merrill Lynch & Co., Inc.

Merrill Lynch, Pierce, Fenner & Smith Incorporated is a registered broker-dealer, not a bank, and the WCMA account is a brokerage account, not a bank account.  Banking services are provided by licensed banks or third parties through arrangements with licensed banks.  Unless otherwise indicated, investment products are not FDIC-insured, not guaranteed by any bank and may lose value. 

Business Investor Account and BIA are trademarks of Merrill Lynch & Co., Inc.


The Business Investor Account is a product of Merrill Lynch, Pierce, Fenner & Smith Incorporated, which is a registered broker-dealer, not a bank, and the BIA account in not a bank account.  Banking services are provided through licensed banks or by third parties through arrangements with licensed banks.  Securities, mutual funds and other non-deposit investment products available through the account are not FDIC-insured, not guaranteed by a bank and may lose value.