A bank account, in consumer terms, is a place to place deposits, acquire loans or both. Bank accounts used to be necessary for credit card or debit transactions, but with the advent of various prepaid products, an individual bank account is no longer required of cardholders.

Definition An account held by an investor at a financial institution. The financial institution holds the money for the investor, leading to a positive or credit balance, or loans money to the investo [..]

An arrangement by which a bank holds funds on behalf of a depositor. Also, the balance of funds held under such an arrangement, credited to and subject to withdrawal by the depositor.

A service provided by a bank or building society which allows you to pay money in, take cash out, write out cheques and pay bills. You are provided with a statement each month detailing all your trans [..]

See Current accounts and Savings accounts

A generic term used to collectively describe accounts offered by banks ...more

n. cuenta bancaria

An account that holds funds within a bank and is subject to a dditional deposits and withdrawals.

An account held at a bank that a customer may use to manage their money. The account can be used to hold customer deposits as well as allow them to make payments. Other forms of accounts are held with [..]

An account that holds funds within a bank and is subject to additional deposits and withdrawals.

A bank account is a mechanism which allows for custody of money and the payment of money from that account on the instructions of the holder of the account. It forms a business relationship which invo [..]