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Account Holder

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Account Holder
The owner of an account. That is, if an account has a positive balance, the account holder owns the money or securities contained in it. Likewise, if the account has a negative balance, the account holder owes money to the institution (often a bank or brokerage, but perhaps a private company) providing the account.


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Muhammad Al-Hazemi, a Saudi bank account holder, said it is relatively easy for anyone who has a close relationship with a bank employee to get details of a customer's bank account.
If WikiLeaks releases the name of an account holder before he or she has initiated a voluntary disclosure, the protections afforded by the IRS voluntary disclosure policy do not apply, and criminal prosecution is a serious risk.
Family cards can be used anywhere that the main account holder chooses and where they are accepted.
 
 
 
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