Virtual bank account: Difference between revisions
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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''. | |||
Revision as of 11:35, 3 August 2018
1.
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.
More broadly, including retail customer banking, virtual bank accounts are ones operated without attending a physical bank branch.
Also known as virtual accounts.