What is an external bank account?
What is an external bank account and what are its uses?
bank best answer:
Answer by Mo
An external bank account is any account that is not with the bank making a reference or any of it's affiliates. External bank accounts can be electronically linked to each other but remain proprietary to the originating bank.
For example: I have 3 saving accounts: Bank of America, ING and Regions. I am specifically performing an activity in ING. At that moment, Bank of America and Regions are considered external accounts.
bank
Jodrell Bank
Image by Smabs Sputzer
Space centre visitors. Jodrell Bank, Cheshire.
Orignal From: What is an external bank account? and Jodrell Bank
No comments:
Post a Comment