Virtual bank account: Difference between revisions
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imported>Doug Williamson (Create page. Source: The Treasurer, September 2017, p19 & Innopay https://www.innopay.com/blog/virtual-bank-accounts-more-than-a-reconciliation-tool/) |
imported>Doug Williamson (Classify page.) |
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1. | 1. ''Corporate banking.'' | ||
In the corporate banking context, a virtual bank account one of a number of subsidiary accounts all linked to a single 'physical' or 'real' bank account. | In the corporate banking context, a virtual bank account is one of a number of subsidiary accounts all linked to a single 'physical' or 'real' bank account. | ||
2. | |||
2. ''Bank accounts.'' | |||
More broadly, including retail customer banking, virtual bank accounts are ones operated without attending a physical bank branch. | More broadly, including retail customer banking, virtual bank accounts are ones operated without attending a physical bank branch. | ||
Also known as ''virtual accounts''. | |||
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* [[CertICM]] | * [[CertICM]] | ||
* [[Electronic bank account management]] | * [[Electronic bank account management]] | ||
* [[Neo-bank]] | |||
* [[Virtual bank]] | * [[Virtual bank]] | ||
* [[Virtual pooling]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_reporting]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 00:57, 29 July 2021
1. Corporate banking.
In the corporate banking context, a virtual bank account is one of a number of subsidiary accounts all linked to a single 'physical' or 'real' bank account.
2. Bank accounts.
More broadly, including retail customer banking, virtual bank accounts are ones operated without attending a physical bank branch.
Also known as virtual accounts.
