Virtual bank account

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.

See also

• Account
• CertICM
• Electronic bank account management
• Virtual bank
• Virtual pooling