bank account

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bank account

a contract between a customer and a bank whereby the bank obliges itself to honour cheques up to the amount deposited with the bank or up to an agreed overdraft limit. The overdraft is effectively a loan.

References in periodicals archive ?

The Economic and Financial Crimes Commission (EFCC) said it has frozen three bank accounts linked to the immediate past Governor of Lagos State, Akinwunmi Ambode, containing a total of N9.9 billion.

EFCC Freezes N9.9bn In Lagos Bank Accounts Linked To Ex-Gov Ambode

Dubai: Do you have a joint bank account with your spouse?

Indian expat Narendra Gajria lost his wife, Dh1 million savings blocked in banks

As per section 8 of the Assets Declaration Act, 2019, the condition to declare cash was to deposit such cash in the declarant's bank account and to retain it in the bank account up to the 30th day of June, 2019.

Condition of retaining cash, foreign currency and liquid assets not repatriated extended till July 3

The prosecutor informed that suspicious transactions of billions of rupees had been made in the bank account of the Zardari Group from fake bank accounts, adding that the account was being operated by Talpur.

Fake accounts case: NAB to present Faryal Talpur before court today

The FBR headquarters has linked the freezing of bank accounts with prior approval of the FBR chairman and intimation to the accountholder at least 24 hours before freezing the bank account.

FBR stops freezing of bank accounts without his nod

5 (Petra) -- Stemming from the Central Bank of Jordan's (CBJ) keen interest in granting access for all the financially excluded segments of the society to banking services; the CBJ issued the "Instructions of the Basic Bank Account", the provisions of which will apply to all operating banks in the Kingdom.

CBJ mandates banks to open basic accounts for financially-excluded persons

ISLAMABAD -- Following an intervention from the National Accountability Bureau (NAB), the bank account of Pakistan Engineering Company (PECO), blocked by a private bank, has now been restored, it was learnt on Tuesday.

PECO's bank account restored after NAB's intervention

CBI said it is easy to open a bank account or obtain a bank card for Iranian citizens.

Iran warns citizens against renting bank cards

households did not have a primary bank account. That is down from 7 percent in 2015 and from a high of 8.2 percent in 2011.

Fewer Americans don't have a bank account, says FDIC

The percentage of Americans who do not have a bank account fell to a record low last year, the Federal Deposit Insurance Corp.

Americans who don't have a bank account at lowest level ever

The transactions involved the transfer of funds from the constituency's CDF commercial bank accounts to the law firm's bank account," EACC's investigator Mary Yator told the court in the application.She stated that according to the Constitution and the EACC Act, 2011, the commission has the authority to conduct investigations into allegations of corruption and economic crimes.