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.
References in periodicals archive ?
ISLAMABAD -- The Federal Board of Revenue (FBR) Monday asked all the banks to collect details of benami accounts of their account holders themselves.
THE instructions given by the State Bank of Pakistan to all banks to get biometrics of account holders by June 30 is causing difficulties to millions of account holders as either the information has not been properly disseminated or they are out of the country.
This would allow banks to provide cheque books and other facilities such as a minimum of four withdrawals to basic account holders.
Dr Mosanako cited that some of the reasons for the client leaving their accounts dormant were due to the death of the account holders when none of the family members knew about the existence of the account, adding that some expatriates also returned home leaving accounts with relatively small balances.
In what was his first order in the capacity of the FBR Chairman, Zaidi directed all chief commissioners inland revenue to inform the account holders 24 hours prior to freezing their accounts if they must do so.
Savings would be allowed to accumulate for up to 10 years, with account holders allowed to deduct deposits annually from state taxable income.
So is the amount involved and the names of account holders," Dawn news quoted Hammad Azhar, the Minister of State for Revenue,as saying at the Lahore Chamber of Commerce and Industry (LCCI) here on Monday.
A salient feature of the MOU will be the Easypaisa platform which will facilitate CDC account holders in biometric verification and collection of funds.
Account holders can save between PS1 and PS50 every calendar month.
Twitter says that "We have become aware of an issue related to one of our support forms, which is used by account holders to contact Twitter about issues with their account.
Burgan Bank, in collaboration with Grand Cinemas, announced today that its Youth Account Holders will be offered the exclusivity to watch the first screening of the new movie "Creed 2" for free at the luxurious movie theatre of Grand Cinemas located in Al Hamra Luxury Centre.
has made it easier for PayMaya account holders to add funds to their digital wallet with an expanded "Add Money" channels.