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.


See also