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 ?

Mobile money services for the unbanked are showing much faster adoption and steeper revenue growth than m-wallets and related services addressing those with a bank account, according to a new report from Pyramid Research.

Cashing in on mobile money

Another key element is that the text establishes the right for everyone to have access to a basic bank account.

FINANCIAL SERVICES : COMMISSION WANTS TO BOOST MOBILITY OF BANK CUSTOMERS

About 6,000 of the 18,133 British expats on Cyprus use a British bank account already and so are not affected by the freeze.

No UK pensions payments to Cyprus

Customers who do not currently have another bank account may wish to open one.

NEW: No UK pensions payments to Cyprus

Police on Friday arrested a 53-year-old man in central Japan's Aichi Prefecture who opened a bank account to which money was transferred illegally from the account of a Sumitomo Mitsui online banking customer in a phishing scam.

Several hundred thousand yen withdrawn in phishing scam

This leaves just one bank, Barclays, offering a bank account to those struggling to exist financially.

Banks turn their back on poorest; HARDEST-HIT ARE DENIED A LIFELINE

Only one respondent reported that he had been refused a bank account by the bank because of a failure to submit documents.

Banking services promote social inclusion

Summary: DUBAI - Emirates NBD Securities announced that it has made available more trading options for its customers through their Dirham bank account; this is yet another valuable opportunity for Emirates NBD Securities customers which allows them to trade on NASDAQ Dubai using their existing bank account in Dirham.

Emirates NBD permits trading in AED

com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled: "Foreign Bank Account Reporting and Enforcement Update: The Internal Revenue Service's 2011 Offshore Voluntary Disclosure Initiative and the New FBAR Regulations.

The Knowledge Congress Has Scheduled a Live Webcast on Foreign Bank Account Reporting and Enforcement Update: The 2011 Offshore Voluntary Disclosure Initiative

Charity Citizens Advice said the majority of banks were refusing to let undischarged bankrupts open even a basic bank account, that did not have a credit facility, despite there being no legal justification for this.

Banks are urged to be fair to bankrupts

EVERYONE will be guaranteed access to a basic bank account under plans announced in yesterday's Budget.

Bank accounts for all

The FPPC said Runner's campaign also violated state election law by not listing on campaign reports the occupations and employers of five small contributors -- including Santa Clarita Councilman Cameron Smyth -- who donated a total of $2,175, and by putting contributions into a campaign bank account originally established for Runner's Assembly campaigns, rather than creating a new one for his Senate campaign.