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.


See also