Transaction Balance Accounts (TBAs)

A type of custodian fund using deposit bank accounts for tracking specific department deposits. TBAs are used by large campus departments that have a high volume of deposit activity.

The deposits are transferred to UW-Madison’s main deposit account at the end of each day. A Custodian and Reconciler are required.

Common tasks

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Open a target/transaction balance account (TBA)

Follow the steps outlined in 3012.4 Transaction Balance Account Procedure to open a TBA account.

Use the following forms to open a target/transaction balance account:

Maintain a TBA bank account

View steps for the main tasks for maintaining a TBA bank account in 3012.4 Transaction Balance Account Procedure.

The following tasks may need to be completed at times—the needed forms are listed underneath the task. See the procedure linked above for information on who needs to complete or sign each form and where the completed forms should be sent. (The forms will often have routing information listed as well.)

Change the name of a TBA account

Change US Bank SinglePoint access

Close a TBA bank account

Please email Cash Management via the Custodian Funds email address (, per 3012.4 Transaction Balance Account Procedure.


Financial Information Management
Accounting Services

21 N. Park Street
Madison, WI 53715