Advance Account

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Advance Account

Money given to an employee to spend for a specific purpose before the employee is expected to spend it. For example, a company may give an employee a corporate credit card in anticipation of that employee going on a business trip.
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Running until March 8, the HSBC sale packs lucrative discounts and special offers for customers on conventional mortgages, personal loans, credit cards and Amanah personal finance, vehicle finance and premier and advance accounts.
During the sale, which will run from January 16 through February 28, HSBC customers in the UAE can sign up for discounted mortgages, personal and auto loans, insurance, credit cards, wealth products and exciting Air Miles bonus rewards on premier and advance accounts, the bank said in a statement.
This advance accounts for why people at large companies are more productive, but the changes that enabled improvements at large companies have not yet occurred at most smaller companies," says Bliss.
And best of all, the CabCARD is rechargeable, using either a message from the truck that accesses the driver payroll or advance accounts, money transfer systems, personal checks, money orders or major credit cards.
Bank of Boston's acquisition of Workingmens Co-operative Bank involves the transfer of 23,200 deposit accounts, fully guaranteed student loans, passbook loans and advance accounts.